A real estate or commercial property acquisition loan is used to acquire commercial property using the loan proceeds. This can include improved lots to already constructed and operating property. IDBI will source and secure the loan you need for your property variable and fixed interest rates available (verify current rates) Loan Amount from $100K to $5M closing time- 7- 14 days from the receipt of the complete package and supporting documents.
Acquisition & Commercial Development.
Loans to both acquire and develop real property to an improved state. Voucher control is set up to disperse loan proceeds with interest only paid on the funds distributed. We can typically go to 75% loan to cost or 80% loan to value, which ever is less.
We can typically provide a 5 to 10 year loan term for the construction, a 3 year mini-perm loan to stabilize the project, and permanent financing at the end. The permanent financing will vary by property type but usually we can provide a 30 year amortization and 10 year fixed rate financing that is a margin range of 1.85 to 2.50 over the 10-year Treasury.
Capital Loan Brokerage (IDBI) is a commercial loan agency specializing in both domestic and international real estate development financing – ranging from $1M to $5M and larger. We serve through our mission to be a catalyst to help achieve timely results for our clients.
On a case-by-case basis, (IDBI) can help secure acquisition, construction financing, and constructions through our third party sources for different types of real estate projects both international and domestic. Our underwriting sources, trusted commercial lenders, and development investors will formulate the best financial strategy specific to your Capital Funding needs, given the specific situation of that Client.