Construction loans are different from other mortgage loans in that the construction lender makes advances of loan funds to the borrower as work is completed in multiple (typically monthly) draws over the course of the loan term, rather than making ...
Read More »Refinancing uncertainty in commercial real estate
There have been a lot of headlines recently about property valuations, interest rates and a potential credit crunch for commercial real estate. The great financial crisis of 2008 (“GFC”) is frequently cited as a potential guide to how this may ...
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