Financing
What lower interest rates mean for commercial construction
For developers, lower interest rates signal things are looking up. By now, you’ve probably heard the Federal Reserve announced a half-percentage reduction of its key interest rate on September 18, a significant rate reduction that is likely good news for commercial construction developers. If you are an owner developer of multifamily housing, senior housing or…
This vs. that: leasing vs. owning commercial space
Here are the pros and cons of leasing vs. owning When considering commercial space for your business, you may wonder which is better: leasing vs. owning. Whether you are considering office space, a retail storefront, distribution facility, a factory or other commercial endeavors, it’s often not an easy decision. There are pros and cons to…
Understanding grants and incentives for sustainable construction
Sustainable construction gaining traction with commercial projects Increasingly, Earth Day is every day as developers seek opportunities to design and build commercial construction projects in a more earth-friendly manner. Eco-friendly practices used to be a consideration only for those on the fringes of commercial construction even a couple of decades ago, and these days it’s…
Senior housing conversions: financing for adaptive reuse
A closer look at financing for adaptive reuse Vacant commercial buildings are like an aging pop star icon: you never know what they’ll look like in their next incarnation. But, unlike some performers who never seem to age, commercial spaces are increasingly being remade in their golden years into something that appeals to older generations:…
Financing sources: commercial construction grants to support your next project
When it’s time to grow, it’s all about what you know When it’s time to build, securing financing is at the top of the to-do list, and taking advantage of commercial construction grants can help you lock in the resources you need for your next project. Even in these uncertain times, a number of grants…