Great Jones Capital is an active real estate private lender based in Washington D.C. We provide private financing for investment property projects that will positively impact communities and create long-term value. We also provide value-added advisory services to our borrowers such as project management, budgeting and sourcing. With many years of combined experience in real estate and banking, Great Jones Capital has earned a reputation within the industry for our integrity, creativity, and discipline. Because we underwrite and fund our loans in-house, we can offer easy qualification standards compared to traditional lenders. Whether you plan to purchase, refinance, or improve your real estate asset, we have a flexible alternative financing for your situation.

Property Geographic Area Details
DMV Metro Area - DC, Northern Virginia, Southern Maryland
Loan Amounts
$100,000 to $5,000,000
Interest Rates
7.5% to 10%
Loan Terms
1 months to 36 months
Origination Fees
1% to 4%
Lien Position
1st, 2nd
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial

Property Types

  • 2-4 Units Residential
  • Commercial Condominium
  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Parking Lot
  • Portfolio of Residential Properties
  • Residential Land
  • Retail
  • Single Family Residence
  • Student Housing

Specialty Loan Types

  • Condo Conversion
  • Note Purchase
  • Partner Buyout
  • Transactional Funding

Junior Lien Loan Amounts

$500,000 to $5,000,000

Junior Lien Interest Rates

11% to 12%

Junior Lien Loan-to-Value

90%

Junior Lien Loan-to-Cost

90%

Junior Lien Origination Fees

3% to 4%

We Fund Junior Position Loans

Often

Junior Lien Types

  • Purchase
  • Refinance
  • Mezzanine
  • Preferred Equity
Fund up to 90% of your project’s cost with our mezzanine financing. Traditional lenders typically cap the amount of funding for a project at 65–70%, leaving a sizable portion of required equity. Our flexible funding can reduce the overall amount of equity required while lowering a project’s average cost of capital.

Land Types Considered

  • Residential Land
  • Multifamily Land
  • Industrial Land

Will Consider Land That is NOT Entitled

no

Max LTV for Land

0%

Max LTC for Land Acquisition

0%

Junior Lien Types

  • Purchase
  • Refinance
  • Mezzanine
  • Preferred Equity
Fund up to 90% of your project’s cost with our mezzanine financing. Traditional lenders typically cap the amount of funding for a project at 65–70%, leaving a sizable portion of required equity. Our flexible funding can reduce the overall amount of equity required while lowering a project’s average cost of capital.

Max Loan-to-Purchase Price

80%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Seller Financing

Details and Requirements

Typical Closing Time (Days)

14

Fastest Closing Time (Days)

7

Payment Structure
  • Interest Only
Pre Payment Penalty

yes

Minimum 3 months of interest
Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
Documentation Required
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

no

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

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Great Jones Capital pays us to be listed, so there is no fee to connect with them directly.

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Our team has over 30 years of experience in real estate lending, finance, asset management and residential and commercial development. We have underwritten over $1 billion in commercial real estate transactions. Our broad base of skills and hands-on approach enable us to recognize and offer well-underwritten lending opportunities and investments. Our experience, reliability, and proven success have helped us build a growing network of repeat borrowers, brokers, and investors. We meet the needs of time-sensitive transactions by specializing in small-medium balance debt opportunities ($500,000 – $10,000,000) and select joint venture equity participations with owners, operators and developers throughout the Washington D.C. area. We specialize in unconventional financings where expertise, local knowledge and attention to special circumstances will result in a substantial financial advantage to the project team.

Year Established

2013

Office Locations

1710 Connecticut Avenue NW, Suite 300, Washington, DC 20009

Primary Capital Source
  • Own Funds
  • Individual Investors
  • Family Offices
Loan Structure for Majority of Loans
  • Own Balance Sheet

Our Team

Jordan Hepner

Managing Director

Contact Great Jones Capital

Great Jones Capital pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
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Our Minimum Loan Amount Is

$100,000

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