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Updated almost 8 years ago,

User Stats

3
Posts
1
Votes
Sam Bassin
  • Real Estate Investor
  • Colorado Springs, CO
1
Votes |
3
Posts

Apartment construction, commercial lender in Pensacola FL.

Sam Bassin
  • Real Estate Investor
  • Colorado Springs, CO
Posted

I am working to secure funding for the construction of 16 apartments near the University of West Florida in Pensacola FL. Does anyone have any recommendations for commercial lenders in the area? Loan amount is around $1.1m. Land is already purchased, site plan completed, and am working with a contractor. 

And on a side note what is used for the valuation of future construction? I have the speculated CAP, and NOI but is any of this info useful/usable without current hard numbers?

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