Investment parameters. A starting point for the conversation.
Explore selected financing programs available through the capital partners we work with. We evaluate each request against the appropriate partner’s criteria.
Axial Capital USA provides capital consulting and placement services. The ranges below describe individual financing programs, not Axial’s own lending commitments or the total size of a partner’s fund.
65% LTV target; 75%+ may be considered selectively
Geography
Florida, Texas, and Connecticut
Indicative pricing
Quoted by the capital partner
Recourse
To be confirmed for each request
Higher leverage is considered case by case, based on the transaction and underwriting.
02
Limited partner equity
Development LP equity
$5 million–$25 million
Asset focus
Multifamily, condominium, and industrial; other assets considered case by case
Leverage
Not applicable to the equity investment
Geography
Florida, New York, Texas, Arizona, and other top metropolitan areas
Indicative pricing
Partner underwriting requires a minimum 2.0x equity multiple; not a guaranteed return
Recourse
Terms confirmed during diligence
Ground-up development, land predevelopment and entitlement, and adaptive reuse. Indicative term: 24–48 months. Prepayment: not applicable.
03
Preferred equity
Development & completion preferred equity
$5 million–$50 million
Asset focus
Multifamily, condominium, industrial, and hotel properties; other assets considered case by case
Leverage
Up to 90% LTC; capital-stack treatment confirmed per transaction
Geography
Florida, New York, Texas, Arizona, and other top metropolitan areas
Indicative pricing
Preferred return starting at 15%, with current pay; final structure subject to terms
Recourse
Terms confirmed during diligence
Ground-up development, land predevelopment and entitlement, adaptive reuse, and construction completion. Indicative term: 24–48 months; minimum 1.5x multiple on repayment. Lease-up eligibility confirmed during review.
04
Senior debt
Development & completion senior debt
$10 million–$50 million
Asset focus
Multifamily, condominium, industrial, and hotel properties; other assets considered case by case
Leverage
Up to 85% LTC; 65–70% LTV
Geography
Florida, New York, Texas, Arizona, and other top metropolitan areas
Indicative pricing
SOFR + 500–650 basis points
Recourse
To be confirmed for each request
Ground-up development, land predevelopment and entitlement, adaptive reuse, and construction completion. Indicative term: 12–48 months; 12-month minimum yield. Lease-up eligibility confirmed during review.
05
Debt; B-note structures where applicable
Broad real estate financing
$2 million–$300 million
Asset focus
Single-family, condominium, multifamily, infill development sites, office, and hospitality
Leverage
Up to 75% LTV with a B-note structure
Geography
Geographic eligibility confirmed during intake
Indicative pricing
Quoted by the capital partner
Recourse
To be confirmed for each request
Capital structure and leverage depend on the asset, business plan, and capital partner underwriting.
06
Non-recourse bridge
Large high-yield bridge
Approximately $40 million–$300 million
Asset focus
Commercial assets including multifamily, industrial, retail, office, hospitality, and nonperforming loans
Leverage
Up to approximately 80% LTV
Geography
All U.S. markets considered
Indicative pricing
SOFR + 350 basis points and up
Recourse
Non-recourse, subject to documentation
Existing cash flow or a short path to cash flow is preferred. Loan sizing and leverage are approximate.
07
Non-recourse construction financing
Multifamily, BTR & industrial construction
Approximately $20 million–$50 million
Asset focus
Multifamily, build-to-rent, and industrial
Leverage
Up to approximately 75% LTC
Geography
All U.S. markets considered
Indicative pricing
SOFR + a spread starting in the low 400s (basis points)
Recourse
Non-recourse, subject to documentation
A rate reduction and earnout upon issuance of a certificate of occupancy may be available, subject to the capital partner's terms.
How to read these parameters
LTV is loan-to-value. LTC is loan-to-cost. SOFR is the Secured Overnight Financing Rate. One hundred basis points equals one percentage point. Quoted spreads are added to the applicable SOFR benchmark; they are not all-in interest rates.
Terms are indicative and subject to change, availability, underwriting, diligence, and final documentation. Higher-leverage exceptions, rate reductions, and earnouts are discretionary. Project eligibility does not guarantee financing. Figures supplied as of September 2026.
Tell us where your project stands.
We’ll review the request and identify the relevant capital relationships.