Construction and development loans in USA and Mexico. Particularly good rates and terms for apartments, retail, office and assisted living facilities. In the USA rates are between 5% and 9% for 3 year bridge loans. High quality deals are seeing 4.5% to 5.5% rates for principals bringing in 25% or more of the project costs. High quality acquistion and development loans are seeing as high as 85% loan to cost on deals 7,000,000 and above and up to 75% loan to cost for deals 3,000,000 and above. Mexico deals are higher rates but doable. Non recourse construction and long term mortgages for quality projects including hotels and assisted care facilities throughout the USA. Other property types can get non recourse construction loans.
Construction loans and land development financing 1,000,000 to 250,000,000. Construction loans for residential and commercial developments and land loans in USA and Mexico. Construction and land loans for hotels, motels, apartments, offices, industrial and special purpose mixed use properties and owner occupied business properties. Business loans secured by real estate assets. Other select countries will be considered. Please email loan requests to milford@commercialmortgagecap.com and our website is www.commercialmortgagecap.com The telephone number is 541-632-3560
Commercial financing for business expansion projects needing equipment and other asset based loans including purchase contracts and receivables. Please include your contact information when inquiring including your telephone number. Further information can be emailed to you upon request including loan submission form but you are welcome to email your prepared loan request summary.
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