Loanetics Fund II
Ground-up construction financing and construction-to-permanent structures for experienced commercial developers across multifamily, industrial, mixed-use, and specialty property types.
What Fund II does.
Loanetics Fund II provides construction and conversion financing for ground-up commercial real estate developments across multifamily, industrial, mixed-use, and specialty property types.
Loan structures include full recourse completion guarantees, completion bonds, interest reserves, and independent construction inspection protocols with third-party inspector sign-off on draw releases.
Single-close construction-to-permanent instruments finance both the construction phase and convert automatically to permanent debt upon project completion, eliminating a second closing. The fund targets experienced developers with proven track records and strong equity capitalization.
Key terms
| Sector | Ground-Up Construction and Conversion Finance |
| Vehicle | Delaware Limited Partnership |
| Target Fund Size | $2.600B |
| Net IRR Target | 10–14% net IRR |
| Preferred Return | 8% compounded annually |
| Carried Interest | 15% above 8% pref (100% GP catch-up) |
| Minimum LP Commitment | $2,000,000 |
| Auditor | PwC |
| Fund Counsel | LePore Law Group |
| Governance | LP Advisory Committee |
Who Fund II serves.
Experienced commercial developers with completion track records and strong equity capitalization on multifamily, industrial, mixed-use, and specialty projects.
Apply for FinancingHow the loans are structured.
- ◆ Full recourse completion guarantees
- ◆ Independent third-party inspection protocol
- ◆ Interest reserve funded at closing
- ◆ Single-close construction-to-perm option
- ◆ 5 business day draw processing
Interested in Fund II? Qualified LP investors can request the fund deck, PPM, LP subscription package, and audited platform financials through Investor Relations. Borrowers can submit a loan application directly through the Borrower Intake portal.