Construction Financing

Construction Financing

Have you even thought about purchasing a commercial property in order to develop or renovate it for pure commercial usage? It is not a secret that investing in commercial real estate offers a range of benefits and that renovating existing properties or developing new ones can significantly improve your financial portfolio.

Coldesina Capital Construction Financing Solutions

At Coldesina Capital, we offer construction loans that are non-revolving lines of credit secured by real estate. Your money advances through a fund control process, which disburses funds as and when you need it. 

During renovations or new construction, it’s common to incur expenses at irregular intervals. Therefore, we have found that this method works best to get you the funds you need when you need them.

During the entire time duration of your construction mortgage/loan in Coronado, or its surrounding areas, all you will have to pay is the monthly interest on your loan’s outstanding balance. This will help you save money over the life of the loan. The amount required for the interest payments may be included in an interest reserve account and added to the total costs.

Since our non-revolving credit line construction financing is tied to the collateral in your commercial property, you will typically pay lower interest rates compared to other forms of financing.

Building Your Commercial Real Estate Portfolio

When you take out a construction loan in San Diego to renovate commercial real estate, you will be able to make improvements that will increase the property's income potential. It will also enable you to create a vision for what you want out of your property and see it through to its conclusion. You can add your own special touches that make it uniquely your own.

If you are buying a commercial property for the sake of development or renovation it will provide you a whole lot of benefits for potential investor. The benefits include: 

  • Much higher income potential

  • Consistent monthly cash flow

  • Tax benefits

  • Owning an appreciating asset

  • Less competition

Types of Properties You Can Finance

Rules of construction financing in the area of La Jolla and its surrounding are applicable to aa wide range of commercial properties. These include:

  • Industrial areas

  • Office buildings

  • Single-family residential subdivision

  • Multifamily condos or apartment

  • Raw land to use for future development

  • Retail spaces

Benefits of Coldesina Capital Construction Financing Include:

  • Construction Loans to $30MM—Higher on a case-by-case basis with a willingness to participate in larger transactions

  • Construction and Major Renovation only

  • 1 mo. LABOUR ARM + MARGIN

  • Origination fee paid at closing

  • Property types financed consist of multifamily, industrial, office, retail, student housing, and some self-storage.

  • LTVs up to 75%, depending on property type

  • LTCs up to 80%, depending on property type

  • In-house fund control and loan administration

  • Competitive loan administration fee

  • Loan terms up to 60 months, depending on property type

  • Market Focus National