Commercial Real-Estate Texas: How will retailers be impacted by Hurricane Harvey?

The unprecedented scope and scale of Hurricane Harvey ensures that all retailers in the Houston area will feel some impact from the storm. However the long term implications of the storm, for retailers, and for Texas commercial real-estate remains unclear.

Planalytics estimates a billion dollar loss in retail sales due to Hurricane Harvey. This is money that won’t be recovered in the long run, even after the local economy recovers. The analysis claims all retailers will feel the impact of the storm in some way or another. But the impact will be felt differently depending on the retailer. Undoubtedly local consumers will change their spending habits.

Out of all retailers, restaurants are likely to suffer the greatest impact from Hurricane Harvey. Restaurants were forced to close during the storm and this immediate impact on sales may have been devastating. Baird’s analyst David Tarnitino, estimated that if Jack in the Box, for example, closed half its locations for five days during the storm it would lose roughly 1 percent of its total sales this quarter. But the brief decline sales for local restaurants are immaterial, as the spending habits of residents change and fewer people go out to eat.

A change in spending habits by residents will hit clothing retailers hard as well. Harvey interrupted the critical back to school shopping season. This is a crucial time for many apparel retailers and clearly in Harvey's immediate aftermath few consumers will be buying clothes. Meaning this crucial shopping period will be a write-off for many businesses. As potentially damaged stores remain closed, customers are likely to shift to online shopping. A boost in e-commerce may have a long term impact, as retailers consider whether the cost of repairing a damaged location is worth it. This assessment by retailers could accelerate store closures in the area. Analyst at B.Riley & Co. LLC, Jeff Van Sinderen said “ (Retailers may) wonder whether it will be worthwhile to repair damage in certain stores. Maybe this will accelerate closures of some marginal stores.”

Home improvement retailers stand to benefit, as residents begin to repair the damage. Home Depot, in particular, is known for its pro-active approach to events like Hurricane Harvey. Prior to natural disasters, Home Depot takes immediate measures to ensure its locations in affected areas are stocked with essential supplies like shovels and flashlights. This approach has served Home Depot well in the past, the company saw a 242 million dollar increase in sales at locations in areas impacted by Hurricane Sandy. Burt Flickinger, of the Strategic Resource Group estimates that Home Depot’s response to Harvey will likely cost the company 50 million dollars. But according to Flickinger, the company’s investment is likely to yield returns some 10-15 times greater than the initial cost of preparation.

The spending patterns of consumers will change in the short term, having an immediate impact on Texas commercial real-estate.

In the immediate aftermath of the storm consumers will spend more on basic needs and on repairs to their property. Restaurants and clothing companies will suffer the most from this change in spending habits, in the short-term, while home improvement stores will likely benefit. However as Houston's economy recovers, customers spending habits will no doubt normalize.

The long term impact on retailers remains uncertain. Considering the impact of similar disasters, Texas commercial real-estate could be impacted for many years to come

Some retailers may not recover from Hurricane Harvey. Taking into account the national average, 40 percent of businesses don't recover from natural disasters of similar magnitude. It is unclear whether this average will hold true in Harvey's case, but no doubt the storm will have some impact on the commercial real-estate market.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Commercial Real Estate Texas: Is Federal Flood Insurance the help small business owners need?

The Federal governments National Flood Insurance Program will offer little relief to small business owners in the wake of Hurricane Harvey This lack of sufficient relief could have a dire impact on Texas commercial real-estate.

The National Flood Insurance Program (NFIP) covers 444,000 properties in the areas directly impacted by Hurricane Harvey. Small businesses make up just 1 percent of the total policies under the program. Even so, the NFIP remains the only option for many small business owners to protect themselves against flood damage. Small businesses in the Houston area are likely to suffer economic damage as their customer base dwindles. The few that have federal flood insurance won’t find these economic damages covered.

Small businesses find the maximum coverage offered by the NFIP is inadequate. The 500,000 dollar maximum hasn't increased since 1994. Since then not only has inflation increased the price of doing business, but there is an increased frequency in record breaking storms. 20 storms accounting for at least one billion dollars in damage, have occurred since 2010. The increased amount of damage inflicted by these storms reflects the need for greater coverage particularly for small businesses. This need is demonstrated by the fact that 40 percent of business owners, with a flood insurance policy, opt for the maximum amount of coverage. But even the maximum coverage offered by the NFIP doesn't meet the needs of many business owners.

Unfortunately there are few private alternatives to NFIP insurance. Catastrophic flood insurance is simply not an attractive bet for private companies. Business owners at the greatest of flood damage are often the only ones who purchase this type of coverage. This concentrates risk for insurers, forcing them to raise premiums. Because the NFIP subsidizes its premiums, private insurers simply can’t compete and are priced out of the market. While private insurers have found innovate ways to assess damages, the NFIP’s evaluation methods remain antiquated by comparison.

The greatest fault of the National flood insurance program is its lack of Business interruption coverage. This lack of coverage may greatly impact commercial real-estate in Texas.

Perhaps the greatest fault of the NFIP is that the program lacks business interruption coverage. The program evaluates risk based on the physical characteristics of structures, rather than conditions within the local economy. This leaves the program unable to assess business losses. Many businesses find themselves exposed not to physical damage, but to economic damage. A striking example of the NFIP’s inadequacy to help small businesses was demonstrated by the programs response to Superstorm Sandy. A joint study by the Federal Reserve of New York and the University of Pennsylvania’s Warton School, found more than half of small businesses with flood insurance received no pay out. The greatest impact of the storm for 60 percent of these businesses wasn't physical damage, but a loss of customers. The study’s lead author, Benjamin Collier, concluded that small business is more than twice as likely to suffer economic damage rather than physical damage. The NFIP doesn’t cover this type of damage, leaving many small businesses at risk.

Businesses, small businesses in particular are not sufficiently protected from floods. The NFIP’s inadequacies create uncertainty for commercial real-estate in Texas.

The NFIP needs revisions to protect smaller businesses from future disasters. Without sufficient business interruption insurance, many small businesses in the Houston area may simply disappear as a result of Hurricane Harvey.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Commercial Lending Texas: Will past complaints continue to haunt the SBA in the aftermath of Hurricane Harvey?

The Small Business Administration is moving with unprecedented speed to issue emergency loans to the victims of Hurricane Harvey. The question lingers, can the agency move fast enough to give emergency commercial loans to Texas small businesses in need?

The SBA’s past inefficiency in distributing disaster loans has raised the question as to whether the SBA is an effective resource for small businesses in the wake of Hurricane Harvey. The SBA appears to be moving faster than it did in the past. As of September 10^th the agency has approved 100 million dollars in emergency loans. Even with the SBA moving at an unprecedented speed, some question whether local banks are in a better position to issue emergency loans to the victims of Hurricane Harvey. A Law passed by Congress in 2008 enabled the SBA to back privately issued disaster loans, the agency has so far resisted these reforms.

In past disasters on the scale of Hurricane Harvey, like Katrina and Sandy, the SBA failed to approve emergency loans at an efficient rate. The SBA issued 11 billion dollars in disaster loans after Hurricane Katrina. But the approval process took 65 days on average. It was a similar case after Superstorm Sandy. The agency issued 2 billion in loans, but it took on average 40 days for the agency to process each one. In the end the loans approved by the SBA may sufficiently covered the damage caused by Katrina and Sandy. The delayed approval process on the part of the SBA however, left many small businesses unable to cover their immediate financial obligations. Some simply went bust as a result.

In 2008 Congress passed the Small Business Disaster Response and Loan Improvements Act, to speed up the process of approving disaster loans. The law enabled the SBA to partner with private lenders and back privately issued emergency loans. The SBA would guarantee 85 percent of these private loans. In exchange the private lenders would be obligated to approve such loans in as little as 36 hours. The SBA has only implemented one aspect of the law. A program to offer private, small dollars loans of up to 25,000. According to American Banker, no such loans have ever been issued.

A key issue in the aftermath of Hurricane Harvey is whether the SBA has overcome its past inefficiencies. The agency claims it has made improvements since Katrina and Sandy. At a congressional hearing this April, agency spokesman James Rivera cited the flooding in Baton Rouge last August, claiming that it took just 12 days to approve small business loans. Agency spokeswoman, Carol Chastang, says that the reforms of 2008 do not need to be implemented, claiming that the agency can quickly approve unsecured small dollar loans of 25,000.

Even with the SBA’s new found efficiency, the scale of Hurricane Harvey will likely push the SBA to its limits. Private commercial lenders in Texas may need to step in to help small businesses.

The flooding in Baton Rouge, resulted in only 66,000 disaster loan applications whereas Hurricane Katrina resulted in 385,000. By all accounts Harvey’s damages are on par with Hurricane Katrina's. The storm is likely to result in a greater volume of applications for aid from the SBA. Harvey will certainly test the SBA’s capabilities.

In the aftermath of Harvey, banks and Texas commercial lenders, seem more willing to participate with the SBA.

The reforms passed by congress stalled in part because few private lenders were willing to participate in the program. Private lenders reservations seem to be declining, a recent poll by the Coleman Report, a newsletter for small business lenders, revealed that 77 percent of those polled would be willing to partner with the SBA to help provide disaster relief. The agency has for the moment dismissed any such partnership. However considering the agencies inefficiencies in the past a key question remains. Should the SBA remain the only group issuing emergency loans in the wake of natural disasters?

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Commercial Lending Texas: Getting Help from the SBA in Harvey’s aftermath

The Small Business Administration is issuing millions in emergency loans to small businesses impacted by Hurricane Harvey. What are the restrictions and how do you apply for this type of commercial loan?

The SBA is approving loans at an unprecedented rate in the aftermath of Hurricane Harvey. As part of the recent aid package passed by Congress, the SBA has received 450 million dollars to distribute as loans to those impacted by the storm. As of September 10^th, the agency has approved 100 million dollars in loans. 8.5 million of those dollars are directed to small businesses. An SBA disaster loan may be the best option to cover uninsured damage in the aftermath of Hurricane Harvey. Learn the restrictions of an SBA disaster loan and how to apply for one.

The SBA only approves emergency loans in areas considered directly impacted by a natural disaster. Ensure that your community is listed on the SBA website. These loans are issued directly by the SBA, so the fastest way to get approved is to apply directly on the website. Be expected to provide documentation including legal records relating to your business, detailed documentation of specific damages, tax records, profit and loss statements and lists of your current assets. The SBA may request further documentation throughout the process. After submitting the necessary documents, the agency will review your insurance coverage and determine whether you qualify for a disaster loan. In general the approval process takes 2 to 3 weeks. The SBA will may review both your personal and business credit scores. You may be required to offer principle in your business in order to guarantee the loan.

SBA disaster loans are meant to cover uninsured damages related to natural disasters including economic and physical damage. How the proceeds of the loan can be applied depends on the type of loan you apply for. The SBA issues both Physical Disaster Loans and Economic Injury Disaster Loans. Physical Disaster Loans can be applied to repairing or replacing real-estate, machinery, equipment, fixtures, inventory or to make leasehold improvements. SBA disaster loans are intended specifically for uninsured damages. However, if your property is covered by insurance an SBA loan may be applied to cover your mortgage obligations. Economic Injury Disaster Loans (EIDL) are intended as a stop gap for interruptions in cash-flow. An EIDL is meant to help businesses meet normal financial obligations which they no longer able to meet due to a disaster.

SBA disaster loans cannot exceed two million dollars. You may need to seek other types of commercial loans to repair damage to your property

The SBA can only give small businesses two million dollars in the form of disaster loans. This amount may not fully cover the damage to your business. If you suspect your damages exceed 2 million dollars, seek out additional options to help you recover.

Remember an SBA Disaster Loan is still a commercial loan.

An SBA disaster loan is an excellent option to rebuild and repair your business. But it is a loan, not a hand out. The agency considers your credit score prior to approving any disaster loan. If you suffer from poor credit, you may be denied. Another factor to consider is that you may not have the documentation needed by the SBA. You may have lost your business records as a result of the disaster. Consider whether you have a good credit profile and the necessary documentation before applying for an SBA disaster loan.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Think Like A Lender To Get Your Commercial Real Estate Loan Approved

Getting inside a lender’s head allows borrowers to understand how to get their loan approved. Consider risk management to be a top priority.

Acquiring capital through a commercial real estate loan is typically one of the first step a company takes in making a major real estate investment. That being said, this part of the process can be extremely difficult and time-consuming, depending on how a company goes about applying for a loan. Whether your company has struggled to get loan terms that line up with your company’s timeline or are having trouble getting funding in the first place, putting yourself in the shoes of a lender can help you get closer to your mark.

The following considerations are a few of the top concerns a lender will consider when deciding whether or not to approve a loan request and work with a new client. The better you understand a lender’s expectations, the better you can tailor your loan application to meet these requirements.

● Am I confident this borrower will pay off the commercial real estate loan off? First and foremost, the borrower is going to want to understand how much the business is making, and how much your business expects to take in as a return on the money your business is borrowing. The lender’s top priority is to make a profit on lending out your company’s much needed capital.

● What does this borrower’s credit history say about their reliability? With a closer look at your company’s credit history, a lender can determine how well your organization has handled credit. The higher your score, the more comfortable a lender will be with loaning out larger amounts of money at more reasonable interest rates.

● How much of their own money is the borrower willing to put up? The more capital your company is willing to put up in the beginning, the more invested your organization appears in the project. Showing a lender that your company intends to see the project through to the end despite any obstacles helps to build the lender’s confidence.

● Can the borrower offer me collateral to ease my concerns? Collateral offers a “just in case” scenario to lenders in case the borrower’s loan becomes delinquent. When companies offer up their own collateral, lenders will be more willing to negotiate on other terms. As far as your business goes, collateral will have to be something valuable enough that the lender accepts it as a consolation prize for your organization backing out on the loan. It may take offering up land, stocks or other real estate assets for your company to get the money it needs from a lender.

The Easiest Way To Think Like A Lender Is Learn More About The Industry

By keeping up to date with industry news resources and the latest expert blogs, your company stays in the know about important trends that impact loan terms.

Pick the brain of a trusted private lender for even more tips on where the industry is headed.

Traditional lending institutions can’t always give your company necessary insights (or loan terms). That’s when it’s time to turn to the services of an experienced commercial real estate loan specialist.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Maximize Your Commercial Mortgage By Avoiding These Common Real Estate Investment Flubs

Real estate is full of promising opportunities. Avoid these rookie mistakes to ensure your company gets a full return on its commercial mortgage.

Once your business has developed a detailed, data-driven action plan, it’s time to pull the trigger on the company’s big commercial real estate move. It’s important to remember that small mistakes can greatly impact the end value of a major investment. The same goes for commercial real estate investments. If your company wants to get the full value back for a commercial mortgage, it pays to plan for common hurdles. The more prep work you do before hand, the greater the return on your group’s investment.

What’s the best way to make sure these little mistakes don’t cost you hundreds of thousands of dollars? Be informed and plan ahead. Don’t let the following common commercial real estate flubs chip away at the value of your investment.

● Don’t Assume Banks Have All The Answers - Traditional financial institutions hold a great wealth of information, but remember that they are also businesses competing for your dollar. Unless you have a pre-existing relationship with a bank, they are only obligated to tell you so much about the market and what types of commercial mortgages are available elsewhere. Furthermore, their risk-adverse nature can make banks less knowledge of niche or emerging industries.

● Avoid Investing On A Hunch - Going with your gut will serve you well in numerous business scenarios. A major decision concerning real estate investment is not one of them. Your company is much better off relying on data analytics and fresh impressions of recent deals. Having a detailed strategy in place also makes it easier to correct your approach if your project isn’t showing immediate results. Investing on a hunch puts your company back at square one if said investment doesn’t pay off immediately.

● Select Properties Only After Extensive Research - Where you invest deserves just as much thought as how you invest. To this end, your company must dedicate significant resources to evaluating and vetting a property before selecting it for development. Failure to do so puts your business at risk for managing a snowballing problems down the road. These types of systematic issues tend to develop when major details about a property are overlooked. Make sure specialized professionals look over every aspect of the property before making a decision.

● Maintain A Student Mentality - The best commercial real estate investors never stop learning. The property market is nothing if not dynamic. Those who assume the status quo’s best practices will keep working five or ten years from now have unrealistic expectations. That’s why it pays to keep learning about the market and stay abreast of recent trends even after you’ve committed capital to your investment.

Investing Your Commercial Mortgage With Expert Help Limits Your Company’s Risks

Need to get into the commercial real estate game sooner than later? There’s no substitute for experience. If your company doesn’t have that know-how internally, it pays to reach out to an practiced professional.

A vetted and capable lending professional can offer the helpful inside information you need to succeed.

Connect with a reliable private lender for access to capital and a better understanding of the market where your business is choosing to invest.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

What To Look For In A Redevelopment Project Before Taking Out A Commercial Loan

Location is vital when picking out a building for redevelopment, but that’s just the start. There are several factors to consider before your company is prepared to take out a commercial loans.

Innovative redevelopment projects remain the closest thing the commercial real estate industry has to a sure bet at the moment. It’s not surprising why these properties are so valuable, considering the old real estate adage that encourages investors to pick up the crummiest house in a nice neighborhood. When the location and fundamental are sound, all it should take is a few tactical investments and smart marketing to turn a struggling Class B property into a Class A asset.

That’s why so many companies, likely yours included, have mused the possibility of taking out a Commercial Loans to invest into an office, industrial or multifamily redevelopment project. Look for the following qualities when evaluating potential targets for investment. The more ideal the property you choose is for redevelopment, the more you stand to make back on your investment.

● Versatile Marketing Potential - The most suitable candidates for redevelopment are those properties that have the greatest potential for a wide variety of projects. An office building that could be sectioned off into multiple, smaller offices, for example, offers more flexibility than a single-floor industrial facility. Focus your investments on properties that give your business the most paths to success.

● History Of Income Generation - Chances are that if you are looking at a property for redevelopment, the building’s current income generation is not ideal. That being said, it pays to look into the history of the facility. Was there a time where the property was performing well? What kind of customers used to frequent the businesses that rented space the building? A once successful establishment is much easier to turn around than one that never attracted business in the first place.

● Established Traffic Flow - Location, as always, in extremely pertinent to real estate transactions. In the case of redevelopment, learn as much as you can about the businesses surrounding a potential property asset. Their customers make up the traffic flow that is already present near your investment. If your company’s redevelopment strategy targets these consumers, your company is already in a good position to get back the full value of its commercial loan.

● Removable External Fixtures - First impressions are extremely important, especially when it comes to getting individuals to take a second look at a struggling property. You want the building’s exterior to broadcast quality, innovation and class. The easier it is to provide a facelift, the more likely you are to make a big splash with your redevelopment project. Properties with removable external features are ideal for redevelopment because they can be quickly replaced and refreshed with modern, eye-catching accents.

Cost-Effective Improvements Allow You To Fully Leverage Your Commercial Loan

The more you understand the types of consumers that frequent the spaces near your investment property, the more you can tailor your improvements to their needs and expectations. Being able to narrow in your approach to improvements will help reduce costs.

Clever redevelopment projects promise serious return for savvy investors

Ready to invest in a prime redevelopment opportunity? Your business can get the capital it needs right now by working an experienced private lender.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701

About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Technorati Tags: commercial loans,commercial lending,commercial mortgage