Construction Lending

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Bridge Loans

The CPC Bridge to Construction loan product provides acquisition and pre-development financing to meet the short-term pre-construction financing needs of multifamily rental property developers in New York State.

 

Bridge to Construction Loan

The CPC Bridge to Construction loan product provides acquisition and pre-development financing to meet the short-term pre-construction financing needs of multifamily rental property developers in New York State.

 

 

Brownfields Bridge Loan

The CPC Brownfields Bridge Loan offers short term financing for projects on brownfield sites.

 

  • Highly competitive loan rates with a combination of flexible features
  • Loans up to $4 million
  • 12-24 months

 

 

Bridge to Stabilization

CPC is one of a select group of Freddie Mac, Fannie Mae, and New York City and New York State Pension Fund Multifamily Seller/Servicers licensed to offer an array of permanent financing products. The bridge to stabilization bridge product allows CPC to meet the short-term financing needs of newly completed small multifamily rental properties that are not yet stabilized by providing senior-secured loans ranging up to $8 million within the Northeast region.

 

  • Bridge to stabilization: Provides short term take outs of construction loans and finances during property’s stabilization
  • Bridge to Perm: Secures bridge and permanent financing from one Lender
  • Up to $8 million in New York State (NYS) and $5 million outside NYS