Commercial Real Estate Dictionary

Dictionary >> Definition

<< Construction lender Contingent interest >>

Construction loan

Definitions of Construction loan
  • A construction loan is money lent to finance construction or improvements on real property. Construction loans may have terms and conditions that are aligned to the shorter time frame and nature of construction projects.
    The residential developer obtained a construction loan to build an apartment building on the property.



        

Real Estate Terms

1. How much cash will be required to make your mortgage payments? Debt Service >>


2. Who can you go to to finance your construction or development project? Construction Lender >>


3. What professional can assist you in maximizing the value of your investment property? Asset Manager >>


4. How can we assess future commitment to infrastructure to support our communities and future development? Capital Improvements Projects >>


5. What measurement indicates if a property's financial performance can cover its debt? DSCR >>


6. What part of a city is the center of urban economic development? CBD >>


7. What allows property owners and professionals to estimate the market value of a commercial property? Comparable Property >>


8. What can landords do to entice prospective tenants? Concession >>


9. What critical factor do stores depend on to drive traffic? Anchor Tenant >>


copyright © 2020 Opmetric Inc. All Rights Reserved. Videos embedded per Youtube Terms of Service.
This website is provided by Opmetric Inc for educational and informational purposes only and should not be considered advice. We make no warranty express or implied as to the accuracy or reliability of information on this website. Information on this website is not guaranteed to be current, complete, or correct.