The world of commercial real estate can be a lucrative one, but it also requires significant capital. This is where gap financing comes in to connect the gap between their available funds and the total project cost
There are several reasons for choosing to utilize gap financing such as: unlocking bigger deals, flexible terms, expediting the deal process and a strategic use of equity.
When assessing deals for gap financing, lenders have disclosed four major criteria such as a two million dollar minimum deal size, 8% debt yield, DSCR requirements and higher property stability.
Learn more: terrydalecapital.com/learn/gap-financing
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Headquartered in Dallas, Texas, Terrydale Capital is a leader in commercial real estate financing. The firm has close relationships with the nation’s top banks, lenders & family offices in the industry allowing them to provide the most competitive financing solutions in the market. Terrydale Capital’s staff has over 80+ years of combined real estate experience and have been directly involved in over 750 closed commercial transactions in all asset types nationwide.
For more information or to get financing, visit www.terrydalecapital.com