VIDEO: When It Comes To Construction Financing, It Is All About Presentation
Construction is a high-risk business. Faced with increasing regulations and concern over the end of the cycle, lenders have shied away from financing construction projects.
But there is still capital out there for the right project — and the right developer. To receive financing, borrowers need to convince lenders of their insight on market needs, indicate a proven track record and identify potential project pitfalls. For borrowers, financing boils down to one defining factor: presentation.
Bisnow partnered with KeyBank to discuss construction financing trends and show how smart borrowers can make a good impression on lenders.