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Upstate New York Construction Lenders for Commercial Real Estate
A list of private construction lenders for Upstate New York commercial real estate development projects, including multifamily, office, retail, industrial, mixed-use, hotels, and others. Ground-up construction financing is a rare offering in private lending. Most lenders will require the developer to have approved building plans. Only a handful of lenders will finance land acquisition and land development.
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$500,000 - $10,000,000
6 to 36 months
8.25% - 12.00%
1.00% - 3.00%
$1,000,000 - $35,000,000
12 to 24 months
9.00% - 12.00%
1.50% - 2.00%
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