Commercial Land Development

Primeau's area of expertise is in commercial land development loans on commercial real estate for rehab projects, refinancing & cash-out. Each transaction is viewed on a “case by case” and is subject to review of the entitlements, capital infusion, and geographical region in which the commercial real estate is located. With these issues satisfied, transactions can close quickly. Most of Primeau Funding’s short-term funding for commercial land development loans are non-recourse with no pre-payment penalty or exit fee and terms up to 3-years, more in some cases.

Banks have strict underwriting guidelines such as borrower’s credit, LTV, and real estate value. Good transactions often don’t get funded by banks, mainly due to current market changes along with scrutiny of bank underwriting criteria. With private hard money capital there is much more flexibility to evaluate commercial land development transactions based on their own merits. Commercial land development loans typically range from $1M on up. Residential land development loans are reviewed on a case by case basis. Getting you competitive rates and terms are our prime objectives.

Please complete the following documents:
1. Loan Profile
2. Personal Net Worth Statement
3. 1-3 Page Detailed Executive Summary

Loans@PrimeauFunding.com     Phone: 480.832.1616 or Toll-Free: 800.473.3100 

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