Commercial Real Estate Finance · Dunwoody, Georgia

Commercial lending,
on every rail the market runs on.

LDX Capital originates institutional commercial real estate credit from $1M to $50M — funded traditionally, or through tokenized capital markets with custody-agnostic settlement and pool infrastructure built for Centrifuge. UnyKorn takes you into the systems and sets them up. Same underwriting discipline. Twice the capital.

Start an Application How Digital Funding Works
6Loan Programs
$1M–$50MPer Transaction
2Execution Channels
Same-DayIndicative Term Sheets
Infrastructure Qualified custody · client name Centrifuge Unykorn Tokenized pools · Sovereign rails · Custody-agnostic
Loan Programs

Six programs. Every stage of the asset lifecycle.

The same published standards we've always lent against — acquisition to stabilization, ground-up to takeout. Every program is available through both execution channels.

Permanent Financing

$3M – $50M · Fixed 4.0%–6.5%
  • LTV / LTC75% / 80%
  • Term / Amortization10 yr / 30 yr
  • GuaranteesRecourse & Non-Recourse
  • PurposeAcquisitions & Refinances
Traditional Tokenized Pool

Bridge Loans

$2M – $50M · Floating 6.0%–12.0%
  • LTV / LTC85% / 85%
  • TermUp to 5 yr · Interest Only
  • GuaranteesRecourse
  • PurposeAcquisition · Recap · PIP · Conversion
Traditional Tokenized Pool

Construction Loans

$2M – $50M · Floating 7.0%–12.0%
  • LTV / LTC80% / 80%
  • TermUp to 5 yr · Milestone Draws
  • GuaranteesRecourse
  • Draw ControlEscrowed · Inspection-Verified
Traditional Digital Escrow

Mezzanine / Preferred Equity

$1M – $10M · 12%–20%
  • Combined LTV / LTC85% / 85%
  • StructureCustom Tranches
  • GuaranteesRecourse
  • PurposeAcquisition · CMBS Assumption · Buyout
Traditional Credit Facility

C-PACE Financing

$1M – $50M · Fixed 6.0%–8.0%
  • Assessment-to-ValueUp to 25%
  • TermUp to 30 yr
  • GuaranteesNon-Recourse
  • PurposeNew Construction · Renovation · Recap
Traditional Tokenized Pool

SBA 7(a) Loans

Up to $5M · Prime + 1.00%–2.75%
  • LTV / LTCUp to 95%
  • TermUp to 25 yr
  • GuarantyFederal (SBA)
  • PurposeConstruction · Renovation · Acquisitions
Traditional Guaranteed Strip
Digital Capital Markets

Two ways to fund. One credit standard.

Every approved LDX loan is priced on both channels. Traditional table funding when relationships win. Tokenized execution when speed, transparency, and global capital win. The borrower closes the same way either way.

Rail · Tokenized Pools

Centrifuge-Built Pool Infrastructure

Our loans are structured for the market's leading RWA protocol — the infrastructure behind $1B+ tokenized funds for managers like New York Life Investment Management. Senior share classes fund from verified institutional investors; LDX retains the junior first-loss on every pool.

Senior — institutional investors
LDX first-loss
Representative structure — splits vary by program (65/35 to 90/10)
Rail · Qualified Custody

Custody-agnostic settlement

Every deal settles through segregated vaults at a qualified custodian opened in the client’s legal name — policy-enforced controls, dual approvals, and velocity limits. UnyKorn wires the relationship. We do not hold client assets. Anchorage, Fireblocks, or another desk that will take the file.

Rail · Live Reporting

On-Chain Transparency

Investors see pool NAV, collections, and collateral coverage on a live shared ledger — not a quarterly statement. Every credit decision, draw, and distribution is cryptographically receipted to an append-only audit trail. Automated covenant monitoring traps cash the moment a trigger breaches.

The Full Digital Stack

Every way the market evolves — without abandoning what works.

Built with our technology partner Unykorn, LDX offers the complete spectrum from conventional whole loans to programmable capital markets instruments. Traditional where tradition pays. Digital where digital wins.

Live

Tokenized Credit Pools

Senior/junior share classes on institutional pool infrastructure. Permissioned securities under Reg D 506(c) — only KYC-verified accredited investors can ever hold them.

Live

Digital Construction Escrow

Milestone-gated draws from qualified-custody vaults. Funds release only against signed inspection attestations with atomic lien-waiver exchange.

Live

Fractional Participations

Club deals carved into transferable ERC-3643 note participations — institutional minimums, whitelisted transfers, built-in compliance on every trade.

In Development

Settlement Stablecoins

White-label digital-dollar settlement instruments engineered on Unykorn's sovereign Rust ledger — deterministic, fully-reserved, issued through licensed partners for escrow, draws, and distributions across every facet of the industry.

In Development

Tokenized Fund Shares

Evergreen credit fund with on-chain NAV and monthly liquidity windows — the CRE-credit analog of tokenized treasury funds.

Roadmap

Secondary Market Access

As regulated venues mature, LDX paper is built to list: transfer-restricted today, exchange-ready by design.

Reference architecture

How an RWA install is structured.

The same installer that stands up LDX — issuance, policy, custody-agnostic settlement, reporting. The client stays issuer. UnyKorn sets the systems up. No named counterparties on this desk.

Commodity-backed digital asset · generic stack

Compliance-first stack, installed in the client's name.

Challenge. Institutional technology without building every onboarding, policy, settlement, and reporting component internally.

UnyKorn scope. Verified onboarding. Programmable ownership and transfer controls. Custody-agnostic settlement coordination. Automated administration. Audit-grade reporting.

Intended outcome. A scalable foundation from onboarding and issuance through controlled transfers, settlement, reporting, and future product expansion — subject to applicable law.

ChallengeStand up the stack without building it in-house
ArchitectureOnboarding · policy · mint · settlement · reporting
RoleInstaller. The client stays issuer.
Coordinated infrastructure

The systems we take you into.

Each property has a job. UnyKorn organizes them, stands the client up, and writes the offer. We are not the bank, the broker, or the vault.

fthco.comParent corporate

Strategy, group governance, institutional relationships.

 unykorn.aiIssuance OS

Mint, compliance rules, settlement coordination, RWA infrastructure.

 capital.unykorn.aiLending OS

Borrower portals, underwriting queues, term sheets, draws.

 quant.unykorn.aiQuant desk

Treasury metrics, scenario stress, risk intelligence.

 smartcontract.unykorn.aiPolicy engine

Covenants, waterfall rules, controlled transfers.

 legal.unykorn.aiLegal-X evidence

Ricardian docs, SHA-256 hashing, version control.

 emr.unykorn.aiMaster ledger

Tamper-evident logs, policy records, audit trails.

 legacychain.appTitle vault

Deeds, statutory C-PACE liens, asset provenance.

 launch.unykorn.orgIssuer launch

Onboarding, series config, KYB, issuance readiness.

 flashrouter.ioFlashRouter

Flash loans, proof of funds, XRPL tradelines. Client-owned. Live product.

Compose an install offer →

Commercial packaging

Fixed-scope installs. Clear milestones.

The 30-minute working desk: bring one anonymized deal or bottleneck. Leave with a mapped architecture, recommended modules, and a branded sandbox scope.

Foundation

Lending Desk Launch

Boutique CRE lenders and debt funds launching or modernizing origination.

  • Branded borrower & broker intake
  • Configurable credit-box screening
  • Indicative term-sheet engine
  • Deal room & committee queue
$45,000then $4,500/mo · 6–8 weeks
Flagship wedge

Construction Draw Ops

Construction, hospitality renovation, and value-add commercial lenders.

  • AIA G-702/703 pay application intake
  • Lien waiver & inspection checklists
  • Funding authorization audit trail
  • Downloadable compliance packet
$28,000then $2,500/mo · 3–4 weeks
Compliance

Institutional Evidence

Compliance-sensitive lenders, fund administrators, credit committees.

  • Tamper-evident document hashing
  • Immutable audit evidence trail
  • Legal versioning & signature records
  • Configurable retention policies
$18,000then $1,800/mo · 2–3 weeks
Enterprise · optional

Tokenized Credit

Counsel-led issuers. Custody opens in the client’s name — we are not the vault.

  • Client-authorized custody connector
  • Programmatic waterfall covenants
  • Qualified transfer-restriction rules
  • Counsel-led regulatory alignment
from $175,000then $8,000/mo · 10–12 weeks · IP transferred

Pricing is indicative for a single-entity deploy and is fixed at signature in a written SOW. Third-party costs — custody, identity, chain fees, audit, counsel — bill at cost to the client. Packages 1–3 need no securities counsel; Package 4 does not start until client counsel is engaged.

Insights

From the desk of LDX Capital.

Market commentary, deal frameworks, and where commercial credit is heading.

RWA · Explainer
July 2026 · Digital Capital

What Tokenized Lending Actually Changes — and What It Doesn't

Securitization you already know, with the trustee replaced by software. A plain-English walkthrough for CRE professionals.

Read article →
C-PACE · Analysis
July 2026 · Programs

Why C-PACE Is the Best Collateral Nobody Talks About

A senior tax-assessment lien at 25% of value, 30-year fixed, non-recourse — and why bond-fund capital wants it.

Read article →
Credit · Framework
June 2026 · Underwriting

The Decline That Sells the Deal: Why Published Credit Gates Win Cheaper Capital

Senior investors don't pay for optimism — they pay for discipline they can verify. Inside our automated stress suite.

Read article →
Forms & Downloads

Everything you need to start.

DOC
Loan Programs Chart — Traditional & RWABoth execution channels, side by side, one page each
Open ↗
DOC
RWA Funding, ExplainedThe plain-English briefing on tokenized lending — no crypto background needed
Open ↗
DOC
Centrifuge Pool BlueprintThe full technical framework — pool architecture, data-room spec, servicing feed, stress methodology, 9-step funding lifecycle
See systems →
FORM
Loan Application PackageUniversal intake — all six programs
Start intake →
FORM
Personal Financial StatementRequired for recourse programs — request via contact form
Request →
FORM
Document Checklist by ProgramEntity, credit file, and legal requirements
Request →
Get Started

Same-day indicative term sheets.

Tell us about your deal. Our underwriting platform evaluates it against all six programs and prices both execution channels — you'll see exactly where it fits and why.

LDX Capital
1651 Mt Vernon Rd, 2nd Floor
Dunwoody, GA 30338
(770) 272-2232
[email protected]