Commercial Land Loans in Demand for New Construction
Commercial real estate developers have come back from the dead after the meltdown of 2008 when the real estate market took a nosedive. Commercial land loans have grown in demand over the last 9 months for developers eager to take advantage of good deals on dirt while they last. Because land is still a dog of an investment for many real estate investors, commercial developers are grabbing up as much cheap, commercial dirt as they can. But what is their biggest complaint? Commercial land loans to purchase dirt is the hardest thing for developers to find. Banks aren’t lending on land unless the project is squeaky clean and perfect and many bridge lenders are just way too expensive for many developers.
So where do developers go for commercial land loans that won’t break the bank? We are offering cost-effective land loans in some Western States, including Hawaii. We are also offering commercial construction loans for the right projects. If you never done a private money loan before, read more at this link and learn about the high demand for these types of loans: http://privatemoneyutah.com/commercial-hard-money-lenders-see-new-demand-through-2015/
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