About Us

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About Archstone

With years of experience in construction, real estate development, permitting, and financing, we have a deep understanding of the opportunities and pitfalls of the development process. As a result, we’re able to provide quick, transparent, relevant, and reliable funding when its needed most. 

We provide private asset-based lending solutions to real estate developers and builders, including acquisition loans, bridge loans, fix and flip loans, and ground up construction loans. 

No loan request is too small, or too big. Regardless of the size of your project, Archstone funds real estate professionals who have a clear path to completing their project successfully. Whether you are a seasoned developer with a proven track record, or a new developer with a sound development plan and project management, you can count on us for quick, transparent, and reliable funding. 

Our Lending Process and FAQ's

We’ve compiled a list of Frequently Asked Questions we hear most often for your convenience. If you have any further questions, please contact us

We provide loans for the purchase, development and construction of non-owner occupied residential, mixed use, and commercial properties including for the acquisition and development of land for residential and commercial development.

We lend in New England with a preference in Eastern and Central Massachusetts.

Archstone will lend in other areas on a case-by-case basis.

Loans are typically made to business entities.

We typically close loans within 2-3 weeks, but we can close faster if all documents are in order.

While prior construction and real estate  development experience is beneficial and will be a significant factor in our approval process, we also lend to first time real estate developers.

Most of our loans require a personal guarantee from the principals.

We prefer to be in the 1st lien position on our loans, though we can often pay-off a borrower’s existing loan and provide the borrower with a new loan and cash-out. In some circumstances we will subordinate our mortgage to another lender.

Each property loan is different, but we will typically lend up to 70- 85% of the purchase price and up to 100% of the construction cost, up to a maximum of 65-70% of the after-repair value (ARV).

Each property loan is different, but because these loans are typically short-term and a higher risk to us as a lender, the interest rates are higher than bank interest rates. We also typically charge points as well which can be financed into the loan amount.

We do not typically have a pre-payment penalty.

Yes, but usually only to experienced builders or developers.

We can often give you a preliminary approval decision after receiving a loan submission form, doing some due diligence and after a meeting or conversation with the applicant.

Yes, we can refinance your existing loan or give you cash-out on a property you own free-and clear.

Yes. We can typically offer you a number of financing options.

Yes, we often have the ability to roll a borrower’s closing costs into their loan.

Yes, some of our bridge loans are interest-only loans with the principal due at maturity.

Depending on the loan-to-value (LTV) we can provide borrowers with an interest reserve option if they prefer not making regular monthly interest payments.

The best way to get started is to Apply Now with our quick preliminary qualification form and we will immediately start reviewing your deal and will call you back quickly to go-over the details of your project if we think we might be able to assist you.

We need to understand the basics of the property, construction and type of loan you are looking for, as well as your prior real estate development and construction experience.

Once we discuss some of the basic information of your deal we can typically give you a good idea if your project meets our loan criteria. We can also answer any questions you may have about the loan process.

We don’t typically charge any fees before loan closing and there are no out-of-pocket expenses during the pre-approval process.

Once your loan is reviewed and you are ready to move forward, we will order an appraisal of your property and conduct a title search. This is the first step toward closing your loan. You will pay the cost of the title search and appraisal.

Many of our loan programs don’t charge interest on any undrawn balances until they are drawn. This will depend on your loan to value ratio and your experience.

No, we don’t have a minimum requirement but credit score is a factor in our approval process.

Yes we typically can offer extensions on our loans if the loan is current; the right (and cost) to extend will typically be included in your loan documentation.