Construction Loans News & Articles

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September 25th, 2007

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$1MM to $250MM+ Financing | Call (800)290-4770 ext.2

FEATURED PROGRAM:  Qualify Using Market Rents
Unique Apartment Loans & Multifamily Permanent Financing allows Debt Coverage using Market Rents as NOI.   5+ Unit Properties OK

FEATURED PROGRAM: Small Balance Apartment Loans
Purchase or Refinance Apartment Buildings & 5+ unit Multi family homes from $500K to $1.5MM. Up to 97% LTV   Stated Income Available OK

FEATURED PROGRAM: One Time Close Construction Loans
Safe, flexible, single close Construction to Permanent Financing or Acquisition & Development Loans   Up to 90%+ Loan to Cost OK

FEATURED PROGRAM: Office Park Financing
Permanent Financing for Office Parks. Purchase / Office Acquisition Loans + Competitive Refinance Terms   Office Building Investment OK

FEATURED PROGRAM: Mezzanine Loan Financing
More than ever, credit worthy sponsors are turning to the Mezz markets to raise money. Find Out How!   All Commercial Properties OK

 
√ AMOUNT DESIRED   √ PURPOSE OF LOAN
 
- -
√ YOUR LAST NAME   √ PHONE NUMBER
 

Commercial Lending Group, a leader in commercial loans, maintains a substantial apartment loan practice. The apartment loan business encompasses everything from plain vanilla apartment loans and apartment refinance, to more exotic apartment financing for apartment building product from 5 unit to 500+ units. Included within this spectrum is a wide range of Multi Family Loan programs ( Duplex Financing / 2 Family Loans, Triplex Financing / 3 Family Loans, 4 Unit Financing / 4 Family Loans, and true multifamily financing > 5 Family Loans ) for apartment investors & multifamily investors. Apartment financing is available with as little as 3% down (97% LTV apartment financing) with no DSCR apartment financing & low DSCR multi-family financing options available. Ask about our innovative apartment construction loan financing programs, which offer long term rates and low points to convert to permanent apartment financing. This construction to mini perm program features no yield maintenance and the fastest close in the business.

Our claim to fame is our innovative construction loan business, featuring non recourse construction to permanent financing (long term financing) along with construction to mini perm financing (medium term note). Commercial Construction loans are available from $1 million up to $250MM or more, and many property types are eligble. This includes apartment building construction financing, office building construction loans, office park development loans, flagged hotel construction loans & flagged motel construction loans, flagged hotel & resort development loans, greenfield hotel acquisition & development loans, and mixed use hotel / retail construction financing. Our Acquisition & Development loans take include the cost of land, entitlements, and other soft costs you may have expended whebn calculating loan to cost, allowing many land owners to contribute land in lieu of substantial downpayments and maximize their after improvement value. Our construction loan products also accommodate seller carry backs, acquisition & renovation loans, and commercial rehab loans.

Commercial Refinance & Commercial Cash Out Refinance business is our highest volume commercial loan category. Whether you need to Refinance balloon payments or need cash out of your commercial property ahead of schedule, we have numerous solutions which have proven popular with sponsors nationwide. We endeavour to deliver the fastest closing commercial refinance loans in the industry, through a combination of stable investor relationships, streamlined documentation, and clear refinance guidelines. Refinancing with unlimited cash out on income producing commercial property refinance, even refinancing with cash out on free and clear properties, is a snap.

 

looking for

Construction Loans?

let's talk

we are a leading financier and

facilitator of construction capital

specializing

in Construction Loans

bigger loans. better terms.

4.61%

that's the typical index

on our treasury-based

construction financing

options

T-bill, LIBOR or Prime

New Construction or Rehab

aggressive

highest loan to cost

largest loan amounts

build it

if it produces income

we'll finance the deal

build it

if it produces income

we'll finance the deal

solutions

market leading construction

loans.  bigger. better. faster.

solutions

market leading construction

loans.  bigger. better. faster.

give us a call. find out how.

Desired Loan Amount

Purpose of Loan

Your Last Name

Telephone Number

--

volume

Over $4 Billion in Total Loan Volume
Originated over the past 24 months

developer focused

we understand the challenges faced by developers in today's capital markets. that's why we deliver the Speed, Service, Structuring & Size you need to ensure success.

banks just can't compete

Exclusive: Construction financing at Permanent rates. Spreads from 100 to 200 bps over T-bill, priced to risk. Non-Recourse. Assumable. Unbeatable.

flexible terms

Choose your own Index. Fixed Rate or Floating Rate. Construction period from 6 months to 6 years. Pure Construction (No Perm) too.

do big things

Borrow up to 80%+ of project cost from $2MM to as much $500MM, even at permanent fixed rates. Mezzanine OK. Our average transaction is over $20MM.

eligible projects

Apartment / Multifamily, Office Buildings, Retail, NNN, Credit-Tenant, Mixed Use, Self Storage, Warehouse, Industrial, Flagged Hospitality.

ineligible projects

currently, we do not finance single family residential acquisition & development deals, residential condominium, or office condo projects.

loan limits

Unlike your bank, our capital sources span the globe. So $250MM is as accessible as $5MM. Our average transaction is $20MM+

commercial construction loans

Unique, market leading non-recourse construction- to-mini-perm & construction to permanent long term financing. Aggressively priced. 80%-90% LTC

value added purchase

Purchase & improve or Reposition income property with our PurchasePlus value added purchase money financing. Qualify at Market Rents.

commercial rehab financing

Create value & increase income by financing substantial improvements. Hospitality conversion & mixed use OK.

mezzanine loan programs

Developer friendly, non-CMBS from $2MM+
cash out, value added purchase, and construction loans available as junior or senior debt. Quick close.

creativity meets common sense

the art of the deal. complex transaction structuring is our bread & butter, from cross collateral to carry back. If it makes sense, we'll get it financed.

large project finance

We always seek seasoned developers & investors in need of debt or private equity financing from $100MM+ to build or buy income producing commercial projects.

answers. action. fast.

Same day quotes on most construction loans.

Streamlined "FastTrack" documentation allows you to close in as little as 30 days.