Detroit Construction Lenders for Commercial Real Estate
Are you building a commercial property in Detroit? On this page you'll find a list of private construction lenders for commercial real estate ground-up projects in Detroit's urban areas. The maximum loan-to-completed value (LTCV) for most lenders is 70%. You typically need to contribute 25%-35% of the project costs and have cash reserves. Development experience is always required. Most lenders will require the project to be fully entitled and shovel ready. Some lenders will consider funding up to 50% of the land acquisition. Our platform has construction lenders for various types of commercial real estate, including industrial, retail, self-storage, hotels, gas stations and others.
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Easy, reliable, on-time funding that you can count on.