Rich Coppage's Blog – February 2016 Archive (1)

Developer/Construction Financing @ 2% / 90% LTC / Non-Recourse

Cressida Capital (www.cressidacapital.com) is offering commercial development / construction funding for experienced developers:

  • $10 million minimum loan amount (no max)
  • Rates currently run 2% - 3%
  • Up to 90% loan-to-cost
  • Structured as debt or equity
  • Non-recourse
  • Appropriate for the development/redevelopment of hotels, resorts, assisted-living facilities, high-rise multifamily, and business…
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Added by Rich Coppage on February 16, 2016 at 10:43am — No Comments

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