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Updated about 5 years ago on . Most recent reply

User Stats

167
Posts
70
Votes
Jim Biggs
  • Investor/Syndicator
  • North Aurora, IL
70
Votes |
167
Posts

Non Recourse Construction Loan Commercial Multifamily Dallas OZ

Jim Biggs
  • Investor/Syndicator
  • North Aurora, IL
Posted

Who does Small Balance New Construction in Dallas? Have a project that is 5 units all in cost of ~700k but could conceivably be a larger project(more units) if needed to secure the right financing. This is a colleague that I am trying to help. They have already completed one such project that has proven concept& BP. They are looking to duplicate it but with better finance terms. Suggestions? Who are the Non recourse lenders in this space? FHA, HUD, Agency, CMBS, Bridge?? What terms should we expect?

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