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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%
Max Loan-To-Value
75%
Max Loan-To-Cost
90%
Origination Fees
1% to 4%
Loan Terms
1 months to 36 months
Lien Position
- 1st
- 2nd
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 and Loan Types
Collateral Types
- Residential Property
- Commercial Property
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
Loan Types
- Mezzanine
- Preferred Equity
Specialty Loan Types
- Condo Conversion
- Note Purchase
- Partner Buyout
- Transactional Funding
Junior Liens
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
Land Loan
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
Will Consider Land That is NOT Entitled
noMax LTV for Land
0%Max LTC for Land Acquisition
0%Purchase Loan
Max Loan-To-Purchase Price
80%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed 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)
14Fastest Closing Time (Days)
7Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
Pre Payment Penalty
yes
Minimum 3 months of interestWill lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
noWill Consider Collateralizing Multiple Properties in One Loan
yesWill 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
SometimesCredit Check Required
noAppraisal Required for Residential Property
SometimesAppraisal Required for Commercial Property
SometimesBroker Price Opinion (BPO) Accepted for Residential Property
SometimesBroker Price Opinion (BPO) Accepted for Commercial Property
SometimesFees
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 20009Primary Capital Source
- Own Funds
- Individual Investors
- Family Offices
Loan Structure for Majority of Loans
- Own Balance Sheet
Alternative Loan Structures
- Own Balance Sheet

Jordan Hepner
Managing Director
Jordan is the Managing Partner and a Founder of Great Jones Capital. He is principally responsible for new transaction origination, credit analysis, due diligence, and portfolio management. He has built the company’s proprietary data analytics platform, which is used to identify and evaluate potential debt investments. Jordan previously worked at Google, where he was a Product Manager for Google Wallet. He worked with merchant and buyer risk teams to improve risk monitoring and streamline account management of the global merchant portfolio. At General Assembly, in New York City, he managed a team that analyzed large datasets to drive decision-making around user acquisition, user behavior, product design, and monetization optimization. Jordan received a B.A. in American Studies from Columbia University in New York City. He lives with his wife in Washington D.C.
Completed Transactions
Great Jones Capital
Washington, DC
$600,000
Preferred Equity
Great Jones Capital
Washington, DC
$1,665,000
Residential Rehab