New Construction capital available for all types of commercial real estate assets nationwide for loan amounts of $1- $10 Million.

i was reading this New Construction capital available for all types of commercial real estate assets nationwide for loan amounts of $1- $10 Million.

agencias matrimoniales en cali ciudad jardin In select markets, the appetite for new construction has expanded. In the past few years, USDA, SBA and HUD were the main capital for new developments. With the market conditions improving, lenders are more open for new ground up construction. Residential developments are still stagnant and only available to the most experienced and liquid borrowers. Location is everything. Pre-leasing is still a must except spec industrial developments possible. New Construction loans are stridently underwritten with the greatest emphasis on experience. We recently arranged financing for a $2 million STNL Ground-up project located in Uvalde, Texas. Terms: 75% LTC, 5 year term, 4.5%, 15 year amortization, No prepayment penalty. Pricing for new developments varies. For the right project such as Multi-family, higher leverages might be an option but on a case by case basis. We welcome all inquiries regarding your commercial real estate financing needs. We make the impossible … possible – Kimberly Kirk kkirk@eleanorfinancial.com 866-732-5626 or cell: 713-858-5556 www.eleanorfinancial.com

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