Construction Loan
Starting a construction project can be a very significant undertaking. Take some weight off your shoulders by partnering with Spencer for a commercial construction loan. Spencer specializes in construction financing and will work with you to custom tailor your loan. Our lending expertise and local decision making translate into an expedient and hassle-free borrowing experience. We offer financing for multi-family properties. See just how easy it is to grow your business with Spencer!
We work with real estate developers in New Jersey to provide construction loans with financing amounts up to $15 million and terms from 6 months to 2 years. Financing is available for multi-family properties. Spencer offers competitive pricing, local decision-making and service excellence.
A Spencer commercial real estate lender can help explain the various financing options and help customize a construction loan that’s right for you.
| Recently Closed Transactions | |||
|---|---|---|---|
| $7,300,000 29 Units/Apartment Bldg. Construction Loan Upper Manhattan, NY |
$2,500,000 13 Unit Retail/Apartment Bldg. Construction Loan Passaic, NJ |
$3,400,000 19 Units/Apartment Bldg. Construction Loan Hamilton, NJ |
$8,600,000 127 Units/Apartment Bldg. Construction Loan Philadelphia, PA |