Construction Loans in Tampa, FL
Find lenders offering construction loans in the Tampa, including St. Petersburg, Clearwater, Brandon, and surrounding areas. Compare rates, terms, and programs from 13 lenders.
Construction Lenders Serving Tampa
13 lenders offering construction loans in the Tampa, FL area.
New Silver Lending
LocalFL
Direct lender for real estate investors. DSCR loans with no minimum DSCR requirement. Also offers fix-and-flip, bridge, and construction loans.
Vaster
LocalMiami, FL
Commercial bridge loan lender for CRE investors. Flexible short-term financing for acquisition, rehab, and construction.
Bank of America
Charlotte, NC
One of the largest US banks. Commercial real estate lending, construction financing, and SBA loans through nationwide branch network.
Broadmark Realty Capital
Seattle, WA
Private real estate lender offering bridge, construction, and land loans. Now part of Ready Capital. Loans from $500K to $25M+.
CoreVest Finance
Irvine, CA
Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.
JPMorgan Chase
New York, NY
Major CMBS originator and commercial lender. Full range of CRE financing including conduit, agency, and balance sheet.
KeyBank Real Estate Capital
Cleveland, OH
Major bank CRE lender. Balance sheet, agency, and CMBS lending for multifamily, office, retail, and industrial properties.
Lima One Capital
Greenville, SC
Private lender for real estate investors. DSCR loans require 1.5+ ratio, min FICO 700. 5, 10, and 30-year options. Up to 75% LTV on purchases.
Merchants Capital
Indianapolis, IN
Bank-backed commercial lender active in 47 states. Over $6.8B in financing. Specializes in multifamily, affordable housing, and healthcare.
PNC Real Estate
Pittsburgh, PA
Top-10 US bank with dedicated commercial real estate lending. Construction, bridge, and permanent financing for major property types.
Stbridge Capital
Los Angeles, CA
Private money lender in California. Bridge, fix-and-flip, and ground-up construction loans. Fast closings for experienced investors.
US Bank
Minneapolis, MN
Fifth-largest US bank. CRE lending including construction, permanent, and SBA loans. Strong in multifamily and affordable housing.
Wells Fargo
San Francisco, CA
Top commercial real estate lender. CMBS, balance sheet, agency, and SBA lending across all property types.
Tampa Commercial Real Estate Market
Tampa's commercial real estate market has expanded rapidly, with the Westshore Business District remaining the metro's largest office submarket and Water Street Tampa adding over 9 million square feet of mixed-use waterfront development. The I-4 corridor connecting Tampa to Orlando has become a magnet for industrial and logistics users, while Ybor City and the Channel District have emerged as live-work-play neighborhoods attracting tech tenants. St. Petersburg's downtown has undergone a renaissance with adaptive reuse projects and new multifamily construction along the waterfront. Tampa's relative affordability compared to Miami has made it a preferred destination for corporate relocations, including the financial services and insurance sectors.
Key Economic Drivers
- ●Water Street Tampa and SPP mixed-use developments reshaping the downtown core
- ●Westshore Business District as the metro's primary Class A office hub
- ●I-4 corridor logistics and e-commerce fulfillment warehouse expansion
- ●Corporate relocations from higher-cost metros, particularly in financial services and insurance
Market Insight
Tampa Bay's industrial vacancy rate has compressed to historic lows as e-commerce tenants compete for space along the I-75 and I-4 corridors, with speculative warehouse development outpacing most other Florida metros.
Construction Loans in Tampa, Florida
Commercial construction loans fund new development or major rehabilitation projects. Funds are disbursed in stages as construction progresses. Most are short-term (12-36 months) and convert to permanent financing upon completion. In the Tampa metro area, borrowers can access 13 lenders offering Construction financing, including St. Petersburg, Clearwater, Brandon, and surrounding areas. Loan amounts typically range from $500K to $100M with rates from 7% - 10%.
Who Should Consider Construction Loans?
- Ground-up development
- Major renovations
- Land + construction
- Build-to-suit projects
Key Requirements
- Detailed construction plans and budget
- Licensed general contractor
- Building permits
- Development experience (strongly preferred)
- 20-35% equity
Advantages
- ✓Interest only on drawn funds
- ✓Funds disbursed as needed
- ✓Can include land acquisition
- ✓Construction-to-permanent options available
Considerations
- •Requires detailed plans and budgets
- •Draw schedule inspections
- •Higher rates during construction
- •Completion risk on borrower
Construction Loans in Other Florida Cities
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