New York Construction Lenders for Commercial Real Estate
Are you building a commercial property in New York? On this page you'll find a list of private construction lenders for commercial real estate ground-up projects throughout the Empire State. 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 multifamily, industrial, retail, self-storage, hotels, gas stations and others.
New York is a huge state, and many lenders only consider CRE construction loans in particular metro areas. Select a region to filter the lender list: