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Updated about 2 months ago, 09/25/2024

User Stats

545
Posts
250
Votes
Jameson Sullivan
  • Real Estate Broker
  • Tacoma, WA
250
Votes |
545
Posts

Seeking Acquisition and Construction Financing for Vacant Retail Building

Jameson Sullivan
  • Real Estate Broker
  • Tacoma, WA
Posted

Hello all - I am working on purchasing a vacant retail building and have a tenant in tow and will have an executed lease at the time of closing with roughly 9 months before rent commencement. 

I have a few lenders locally I work with but wanted to see what else might be out there. I am looking for acquisition and construction financing around 60 - 70% LTC for 18 - 24 months. Total estimated cost is approximately $1,300,000.

Happy to share more details about the deal if this is a fit for you.

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