Josh Schumann Discusses Financing Options for the Commercial Real Estate Sector
When it comes to the construction and commercial real estate (CRE), developers require an effective funding solution to ensure that projects are delivered both on time and to budget. As an investment and funding specialist with a strong understanding of cash backed financial products and the ability to create disruptive and innovative finance opportunities, in this article, I, Josh Schumann , Managing Director of Global GND will discuss the various funding options available for the sector. Commercial Mortgages Commercial mortgages are essentially a mortgage loan secured by commercial property, such as land, an office building, shopping center, industrial warehouse, or apartment complex. The capital from a commercial mortgage is typically used to acquire, refinance, or redevelop the asset. Although commercial mortgages provide a viable funding solution for developments and the CRE sector, there are several downfalls, including rising interest rates which increase the cost of borr...