New Construction Financing

 
 
 

Commercial & Investment Property Construction Financing

 
 
 

New Construction Financing

ICS construction loans offer investors and developers with competitive rates, short-term financing, and long-term permanent financing that makes sense.

PURPOSE

New construction, development projects.


PROPERTY TYPES

Multifamily, Manufactured Home Communities, Office, Retail, Industrial, R&D Flex, Self-Storage, SFR.


LOAN SIZE

$100,000 - $500,000,000

Capital requests in excess of 500M are available.


TERM

1 - 30 Years


AMORTIZATION

25, 30 & Interest Only


RATES

Starting at 4.5%

Rates are based on location, building quality, and leverage.


MAX ARV

75%


PREPAYMENT

Loans can be structured with or without a prepayment penalty.


FEES / POINTS

1% - 5%


CLOSING TIME-FRAME

21 - 90 Days

Varies based upon project size, location, and builder experience.


FULL APPRAISAL

A full appraisal is required for all ICS construction loans.


CUSTOMIZATION

Recourse and non-recourse available. Additional income property types considered on a case-by-case basis. Terms and conditions subject to change.

PROPERTY TYPES

Multifamily

Office

Retail

Industrial

Self-Storage

Manufactured Housing

Hotel / Motel