|
Construction
Loans Income Producing Properties
For longer-term financing of Commercial Real Estate, BCF offers
semi-permanent loans on many types of existing properties, including
office, industrial, anchored and shadow anchored retail, and
multifamily and residential. These loans are amortized over 20 to 25
years, with a balloon payment due at the end of the term. Rates may
be fixed or variable.
The amount you can borrow will depend on the type and value of the
property. Loan amounts will depend on property type, operating
history, and level of financial support. Construction mini perm
loans are a financing method used primarily for income producing
projects that need to establish an operating history prior to
applying for long term permanent financing.
They are usually applicable to:
• Shopping Centers
• Office Buildings
• Industrial Properties
• Large Apartment Complexes
Construction mini perm loans are available during the project
construction phase and last through the rental stabilization period.
Mini perm loans usually carry a term length of 3 to 5 years and, as
a result, they are always a short term financing solution. The loan
matures with a balloon payment at the end of the term.
Back to Commercial Mortgage Main
Page
back to top
|