Commercial Real Estate Construction Loans
Commercial construction loans are available from $1,000,000 for qualified businesses and sponsors through the SBA 504 loan program or one of CREFCOA's commercial lending partners. For multifamily properties CREFCOA provides construction loans through the HUD 221(d)(4) program. For healthcare properties CREFCOA provides construction loans through the HUD 232 program.
To be considered for a commercial construction loan a borrower should have a strong personal balance sheet, excellent credit and several years of experience with similar or like projects.
CREFCOA provides permanent commercial real estate loans for properties coming out of the construction phase, during the lease up period, or for properties requiring limited build out.