Non Recourse Construction Loan Commercial Multifamily Dallas OZ
1 Reply
Jim Biggs
Investor/Syndicator from North Aurora, IL
posted about 1 year ago
Who does Small Balance New Construction in Dallas? Have a project that is 5 units all in cost of ~700k but could conceivably be a larger project(more units) if needed to secure the right financing. This is a colleague that I am trying to help. They have already completed one such project that has proven concept& BP. They are looking to duplicate it but with better finance terms. Suggestions? Who are the Non recourse lenders in this space? FHA, HUD, Agency, CMBS, Bridge?? What terms should we expect?
Paul Sofia
Lender from Charlotte, North Carolina
replied about 1 year ago
Just sent pm