In today's high interest rate environment, interest only platforms may be the only answer for refinance for the short term. We are seeing several clients walking away from million-dollar buildings because the old interest rate was 2-3 %. Now the interest rate is 8-9%. Clients just cannot sustain the imbalance. Things are going to become quite desperate for many companies this year.
Any ideas on how to find new MF projects that need to be built?
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Working on large project in Columbus Ohio you may be interested in,(the Intel 5 Pods project value at 20 Billion per pod). First 2 pods will be finished in early 2024. The workers in Intel will be making average $138,000 pr yr. Looking for about 1,000 doors for MF
We will be able to help fund...
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We have a program that you may be interested in . We are targeting $10mm + projects for both redevelopment and ground up construction opportunities. Below is a quick summary . Please keep in mind these are just guidelines, and there is flexibility and terms are subject to change on a deal-by-deal...
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Would like to know how i can find some MF firms that want to expand to Ohio. Have a project that will need 500+ doors.
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Does anyone want to build a new MF project in Columbus Ohio. Know of an area thar is looking for expansion.