We are looking to fund commercial real estate development projects or portfolio acquisitions within the U.S. with legitimate and experienced commercial real estate developers and investors. We like…Continue
If you are a commercial real estate developer or investor with ground up construction, development, or value add projects, and you are in need of equity to fill out the capital stack on your project,…Continue
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Cressida Capital (www.cressidacapital.com) is offering commercial development / construction funding for experienced developers:
Here is how commercial construction loans are underwritten. The first test is the profit test. Will your finished project be worth more than it will cost to construct? Most lenders will require at least a 20% profit margin.
A related test is the loan-to-value ratio. After the project is completed and, say, your strip center is occupied, will the construction loan be less than, say, 75% - 80% loan-to-value.
Commercial construction lenders often will not…Continue