I would say no.

You ain't getting a 100% LTC construction loan, so you will need equity partners. Most equity (and debt) isn't a fan of ground leases for developments unless it's for ultra prime truly irreplaceable dirt or shitty STNL pad sites. Debt is going to want to know what the exit is and you'll have to take a major discount when selling the property so good luck convincing a lender that this makes sense.

 

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