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Construction Financing

Financing from plans through completion.

Debt financing for ground-up commercial development and substantial rehabilitation.

Urban multifamily building under construction
Concrete building frame and crane at sunrise

Illustrative imagery.

The CCNY approach

Construction financing must account for the project before it produces its intended income. CCNY helps organize the financing request around the site, proposed improvements, development budget, schedule and sponsor’s execution plan.

We work through lender requirements with the borrower and project team, evaluating loan proceeds, equity contributions, draw procedures, contingencies and completion obligations. Planning for lease-up and the transition from construction to permanent financing or a sale is part of understanding the financing from the outset.