Credit seems to be more available for commercial real estate. For example, I know of one commercial real estate lender working on a construction to permanent loan program. This type of lending blends two types of loans: a construction loan to build the project and a term loan to finance it once the project
We know commercial real estate is all about the rents – and the credit of the tenant, which some times is enhanced by the tenant giving the landlord a letter of credit.
I know, I know: This is a real tease if you’re NOT located in the Dallas/Fort Worth area. But, please be patient. Help is on the way (Sorry, bad memories there).
If you are unable to attend this seminar, we’re planning a webinar series for 2010. If this topic is as "hot" as we think it…