We understand the care, attention and structure that is required to successfully apply such financing. We work with our clients very closely to assess all of their plans and costs for construction or development, and advise a structure that would best suit their needs and goals, all the while crafting favorable financing options. Most commercial real estate property types are eligible for construction financing, and may serve the purposes of owner occupancy and investment.
One of the elements required to mitigate construction risk is to position the long-term financing, sometimes referred to as the “take-out” loan. The long-term financing creates a clear path to repay the construction financing, and is therefore a critical component in construction financing. With almost all construction loan requests, we will need to simultaneously structure long-term construction financing.