I walked around my community recently and saw such a diversity of new construction types, shapes and methodologies... We often get asked by our clients what they should build on a given site... Kadus Group is well positioned to answer that question as we have internal expertise in acquisitions, planning, real estate finance, construction management and comprehensive development services. But its not simple... The answer often depends on many different and sometimes conflicting factors. Here are just a few that need to be considered; - What is the highest & best-use for the site? - Is there a requirement for a park on-site, or other design specific elements? - Is there sensitivity to neighbouring properties? - What rental rates or sales prices can be achieved in the neighbourhood? - Do they intend to hold the property longterm, or sell to an investment group? - What is the land base/cost? - How much equity does the owner have? - Are they able to guarantee a construction loan? - Do they intend to perform the construction themselves or hire a GC/CM? AND THE MOST IMPORTANT QUESTION IS: WHAT ARE YOUR ASPIRATIONS FOR THE PROPERTY? Get in touch, if you have a property that you hope to develop, and our team will help you find the optimal solution. Mike Marcella, Jennifer Murray, P. Eng., MBA, Andrew Thomson
Justin George’s Post
More Relevant Posts
-
In big news for the South Florida real estate market, real estate heavyweights Related Group and Dezer Development secured a $307 million construction loan, which will be used to finance a new 92-unit oceanfront development. The real estate developers secured the loan from an affiliate of New York’s Apollo Global Management. Read more... https://lnkd.in/eFUAKYF5
To view or add a comment, sign in
-
Big money: Related Group, Rockpoint and Two Roads Development nab $424M construction loan for Rivage luxury condo in Bal Harbour
To view or add a comment, sign in
-
Did you know we now finance options to our customers for projects that they may not be able to afford. Financing up to $200,000 for Home Improvement. Get your dream project done by turning a large purchase into affordable monthly payments. Find out what financing option is right for you. How to apply ✅ Scan the QR code or follow the link https://lnkd.in/es_kec_G ✅ Review offers and select the one that’s right for you. ✅ Finalize your application with a lender and get funding in 1-5 business days. #financing #enhancify #remediation #construction #demolition #najeraenvironmental #molddamage #moldremoval #moldremediation #drywall #waterdamage #waterrestoration #sanitization #disinfecting #environmentalasbestosremoval #socal
To view or add a comment, sign in
-
Higher interest rates are slowing down residential and commercial construction projects by increasing borrowing costs. This leads to reduced financing availability and delays in project completion. Long-term impacts may include a decrease in new construction starts, higher project costs, and lower profitability for developers. Additionally, sustained high interest rates could lead to a contraction in the construction industry, impacting employment and economic growth. These factors may also result in increased housing shortages and higher property prices, further exacerbating affordability issues for both residential and commercial properties. Lets GO! #cfsi CFSI Loan Management #constructionstarts #groundup #reno #resi #cre #affordability
To view or add a comment, sign in
-
Nate Zielinski from RCN Capital shares why ground-up construction is a game-changer for real estate investors. In a market challenged by rising interest rates and limited inventory, this strategy offers investors a unique edge—creating their own inventory while expanding portfolios and boosting profits. https://hubs.la/Q02YV8Gs0 #RealEstateInvesting #GroundUpConstruction #PortfolioGrowth #RCNCapital
Utilizing new construction loans to take your portfolio to the next level
mpamag.com
To view or add a comment, sign in
-
Avamore Capital has announced the successful completion of a £1.1 million part complete development loan aimed at finalising the construction of four identical two-bedroom properties on a development site in Gloucestershire. The project features four partly constructed properties, each thoughtfully designed to be arranged over three floors. To date, the developer has been self-funding the construction, with a strategic plan to transition into financing for the remaining work. The introduction of funding has been instrumental in helping the developer move forward. The loan, capped at 65% of the loan-to-gross development value (LTGDV), is structured over an 18-month term. With only nine months to complete the construction, this timeline ensures the developer has ample opportunity to finalize the project within the agreed timeframe. https://lnkd.in/dqYCyt_q
To view or add a comment, sign in
-
📢 Housing Highlight from the 2024 Fall Economic Statement. To make it easier for builders to build, the government has amended the Apartment Construction Loan Program by accelerating $2 billion in low-cost financing to ensure builders can access this financing sooner. Read the full report: https://lnkd.in/eNb7cuT9
To view or add a comment, sign in
-
The commercial real estate and construction business isn’t just bricks, beams and blueprints. When it comes to choosing a CRE bank, here’s how to find a commercial real estate lender that shares your vision: https://lnkd.in/gBteWmKY
To view or add a comment, sign in
-
Got a plat? Let's bring your vision to life! 🏗️🌟 Whether you’re looking to finance vertical construction, entitlement, or raw land, we’ve got you covered with tailored loan solutions. From #SFH to #MFH, commercial, and industrial projects, our financing options are designed to support your development needs: ▫️Construction Loans: $350K - $8MM | 12 months | LTC up to 80% | LTV up to 65% | Rates: 12%-14% | Points: 2-4 ▫️ Development Loans: $500K - $5MM | 12 months | LTV up to 65% | Rates: 12%-14% | Points: 2-4 ▫️ Land Loans for Entitlement: $500K - $5MM | 12 months | LTV up to 55% | Rates: 12%-14% | Points: 2-4 ▫️Raw Land Loans: $500K - $5MM | 12 months | LTV up to 45% | Rates: 12%-14% | Points: 2-4 Let’s turn your undeveloped land into thriving spaces! Contact us to explore your options. ▶️ (253) 264-4657 | loans@1892capital.com | http://1892capital.com
To view or add a comment, sign in
-
Just funded a $486,000 #newconstructionloan of a duplex in Little River, South Carolina. We funded 100% of construction and 90% of the total project cost (land + vertical). This was a repeat borrower so we closed the loan in just 14 days. Once you get approved with us one time, you have access to virtually unlimited funding to scale up home building production as it's just a matter of getting an appraisal for each project going forward. Delays are the biggest killers of profit in #homebuilding, don't let financing be one of them. If you're looking for a reliable construction financing partner where you can be confident knowing exactly what you're getting on each loan shoot me a DM to see if we might be a good fit for each other. #newconstruction #constructionloan #realestatedevelopment #spechome
To view or add a comment, sign in