Hard Money Loans for NYC Commercial Real Estate
Commercial real estate projects in New York City rarely get completed all at once. Investors need to do planning, get permits, line up contractors and construction companies, and much more. Yet even though projects frequently progress in stages, there are immediate costs that crop up along the way. To avoid delays and keep your projects on track, Express Capital Financing offers hard money loans in NYC.
Our hard money loans provide New York City commercial real estate investors with the funding they need to fill in any gaps in financing so they can cover more immediate costs. Hard money loans are regularly used for:
- NYC commercial real estate acquisitions and renovations
- Multistage construction projects
- Rehab and build-outs on NYC properties
- Partnership buyouts
- DPO financing
- Debt refinancing and restructuring
- Time-sensitive funding needs
- Covering the seasoning gap for CMBS or agency takeouts
- Repositioning of transitional assets requiring renovation and TI/LC funds