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Updated about 2 months ago, 09/25/2024
Seeking Acquisition and Construction Financing for Vacant Retail Building
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.