Commercial Development & Construction Loans

Cohen Commercial Advisers is a direct source for Commercial Development and Construction Loans. In a time when construction lending from traditional banks have virtually dried up, we recognize that there are still viable and good projects that need financing in today’s market. 
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Nationally
Funding time
Rates and terms
Closing fees
Nationally. We can look at International projects on a case by case basis.
Loan Amount: $3,000,000 to $50,000,000
 

Funding time: 45 days or less. Yes, we can typically fund the project in this time frame.
The ability to have at least 10% liquid cash of the project size to put into your project. 
Interest Rate: 5% to 9% Fixed (1% rates for Churches)
Amotorization: up to 25 years
Term: 5 years – Also can structure a construction to permanent loan with interest only during draw down periods.
Points: Up to 5% to be paid at closing
Cohen Fees: as low as $7500
Non Recourse

Commercial Development & Construction Loans?

Industries we are aggressively looking to finance:
Construction and Development, Hospitality, Office, Multifamily, Retail, Golf Courses, Oil and Gas Industry, Special Use Properties, Mining, Churches and many more.

Borower Requirements

The ability to have at least 10% liquid cash of the project size to put into your project. This is a must and non-negotiable
Must have the ability to demonstrate that you can perform on your project with a good business plan
Cohen Advisers provides niche lending solutions for property owners and prospective buyers seeking access to private funds quickly and at competitive rates. Whether it is a developer needing a bridge loan to complete a construction project or a borrower who needs a short term equity loan to make a competitive all cash offer on property or an entrepreneur  needing an infusion of capital for their business, Cohen's private capital sources fill in the gaps where banks and other private money sources leave off  - offering fast funding of 1st and 2nd loans ranging from $200K- $100M+ on both residential and commercial properties Nationwide.
We Are
Reliable
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Professionals
We Are
Problem solvers

GROUND UP NEW CONSTRUCTION FUNDING
Single Family - Condos - Town Homes - Multi Family - Office - Retail - Self Storage

NEW CONSTRUCTION LOANS
New Construction Loan Option - Residential or Commercial
Up To 100% Funding of Vertical Construction Costs
Land + New Construction Loan Options Available
Up To Max 75% ACV (After Constructed Value)
Rates: Starting At 8.99%
6-24 Month Term - No Prepay(s)
Origination: 2% and Up
Residential: $75,000 - $5,000,000
Commercial: $150,000 - $540,000,000
Average 10 Business Days To Close
Foreign Nationals Welcome!
No Minimum Credit Score Required
Only Pay Interest On Funds Received!

Up To 100% Cross Collateral Funding Available; may cover land, vertical & horizontal build costs, closing costs, interest payments during the term of construction and cash out at closing to start construction!  This means you may use equity in a commercial or residential piece of real estate you own to acquire 100% funding.....  Why let your equity sit there an not earn any money towards your future!

Why Choose Cohen Commercial Advisers?

Fast underwriting and funding
Minimal documentation
No minimum FICO score 
Short or longer term loans (up to 5 years)
Competitive rates and fees
Lots of capital waiting to be invested
Long list of satisfied borrowers and investors
Over 25 years of real estate experience
Can lend Nationwide, except California
Will consider any loan that makes sense
  1. Managing Director
  2. Managing Director
SHORT TERM BRIDGE FUNDING; BUY, FIX AND EXIT

Single Family - Condos - Town Homes - Multi Family - Office - Retail - Self Storage


Purchase & Renovation | Tear Down & Rebuild
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  • Purchase & Renovation | Tear Down & Rebuild
  • Up To 90% of the Purchase Price (90% LTC)
  • Up To 100% of all Renovations (Rehab)
  • Up to 70% ARV (After Repaired Value)
  • Rates: Starting @ 8.50% I/O
  • 6-24 Month Terms Available w/ No Prepay Penalty
  • Origination: 2% and Up
  • 600 Minimum Credit Score To Participate
  • Loan Amounts: $100,000 - $5,000,000 (Purchase & Rehab Combined)
  • Closing in as little as 7 Business Days
  • Residential & Light Commercial Investment Properties Welcome
  • 100% FUNDING WHEN YOU CROSS COLLATERALIZE YOUR EXISTING EQUITY!!
  • JUMBO LOANS AVAILABLE UP TO 10 MILLION
PRIVATE LOANS, often referred to as hard money loans or bridge loans, offer three significant advantages over conventional or bank-financing arrangements. We as private lenders can fund quickly, within a flexible structure and without ugly prepayment penalties that can unintentionally hinder the success of your business. Here are our top five advantages of short term hard money loans at Cohen Advisers

1. Rapid Funding of Loans:

Trying to secure even the simplest of loans from a financial institution in the post-Enron, post-economic downturn world can be extremely difficult. Banks never-ending requests for forms, statements and other documents force businesses to wait. But we all know that opportunity waits for no one. We can move quickly and base decisions largely on the liquidation value of the collateral provided. Faster decisions mean you start moving forward in your business rather than get caught in funding limbo.  Our typical short term loans fund in as little as 10 to 15 business days but we do have express options available.

2. Flexible Term Structure:

Your business is constantly adapting to changing market circumstances. Traditional financial institutions aren’t as flexible and typically take a one-size-fits-all approach to all requests. We can structure repayment and collateral release terms in ways that are mutually beneficial to both borrower and lender. Greater flexibility often results in better outcomes.  Our terms range from 6 to 24 months based on your individual needs and rehab project.  It is best to execute a deal in the shortest allotted time to allow for maximum returns on your investments.  A typical residential fix and flip will range from 4-6 months depending on the exit market, but your average commercial deal is roughly 1 year.

3. Prepayment Penalties:

You know that even the best-laid plans can change, hopefully for the better. If business goes particularly well, the last thing you want is to be penalized for your success. Yet traditional financial institutions often charge hefty prepayment penalties if circumstances change and a loan is fully or partially repaid before the due date. We are fully invested in your success and typically structure loans with or without limited prepayment penalties or added fees. It’s one more way a private lender can contribute to your success.  We want you to be successful and in this case do not apply any pre-payment penalty to our short term loans.  As a matter of fact; we want you to exit as quickly as possible so our monies can be flipped and used again to increase our profits.

4.  Express Loan Options:

Our express loans were designed for borrowers who are purchasing from an auction house and/or are in a tight spot with limited time for closing.  We assess the collateral property in-house and will allow for the property appraisal and inspection to occur post closing.  This allows for us to fund a transaction in 7 business days or less!  Now, since we are taking on some of the risk, our funding options will be limited to 70% - 80% loan to cost, thus making you the investor put a little more skin in the game.  To calculate our maximum loan value just take the purchase price plus the rehab amount and multiply times 80% and this is your maximum loan value.  Of course, this option is more expensive than our traditional closings, only because we push all our resources to get your deal done on time!

5.  100% Funding Using Cross Collateral:

Investors who have property with equity and would to utilize this equity in replacement of cash at closing.  You may use your existing equity up to 70% of fair market value as cash towards the down payment of purchasing your new fix and flip project.  For example; if you are transacting on a 250,000 rehab project and your down payment is $70,000.00, but you have equity in a property, we will just use this equity in replacement of your cash at closing in the form of a lien.  Once the investment project is completed and sold/refinanced; the lien will be removed and you may use the equity again on another investment property.  Please note; your cross collateral, if strong enough can cover your down payment, closings costs, interest payments, even cash at closing to start your construction.....  If the collateral property is of a sufficient value you can use it on several projects at one time to gain 100% funding.

NEW CONSTRUCTION LOANS
Builders should benefit from make-sense construction loans, too.

 Great benefits for the builders will include:
Easy hold-back guidelines
Flexible draw schedules
Easy builder approvals
One loan originator, one relationship, one servicer
Direct Lending, In-house financing for all deals
Transparent, up-front underwriting on short-term loans
Simultaneous close for lot purchases and interim financing if needed
Quick turn time on closings, within 10 days of receiving final contracts, plans, and specs
No third-party underwriters to slow construction loan approval processes
100% funding options available!
Time is money for new builders. With a private construction loan, the builder avoids ugly and laborious tasks to get his investment off the ground!  Builders choosing private construction loans keep their forward momentum going and get to build a custom home or commercial investment property.  Builders benefit from an increase in new construction business from investors or home buyers tired of the exhaustive search for the ‘perfect’ existing house. Additionally, they become good employers that support the local economy.  In the end, everyone benefits by building a new community!