Connecticut Lenders for CRE Value Add Projects
Are you seeking financing for a commercial property value-add project in Connecticut? On this page, you’ll find a list of private lending firms that offer short-term loans to purchase & renovate (or re-purpose) commercial real estate throughout Connecticut’s urban areas, including retail, office, industrial, hotels, self-storage, and others. The sponsor/borrower must contribute at least 20% cash to the total project costs (acquisition and rehab budget). The loan-to-completed value for most lenders is 70%, or whatever LTV will qualify for the long-term takeout loan.Displaying 0 Results
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$50,000 - $3,000,000
12 to 60 months
3.00% - 5.00%
$1,000,000 - $35,000,000
12 to 24 months
9.00% - 12.00%
1.50% - 2.00%
$500,000 - $25,000,000
6 to 24 months
10.00% - 14.00%
1.00% - 4.00%
$1,000,000 - $10,000,000
6 to 60 months
8.90% - 11.90%
1.00% - 1.50%
$3,000,000 - $100,000,000
6 to 36 months
10.50% - 12.00%
1.00% - 2.00%
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