Uncategorized

What Is the “Gap” in Real Estate Development Financing?

In construction and development lending, the gap refers to the difference between the amount of financing immediately available to the developer (the “floor” loan) and the total capital required to complete the project up to a point where it can generate sufficient income (e.g., through leases or sales) to qualify for the remaining (“ceiling”) funding. […]

  • 1
  • 2
Apply Now