subdivisions: American Cash Solutions Inc- $11.5 million Letter of Interest Obtained by American Cash Solutions Inc on behalf of Midwestern Builder
- 10/24/08 05:52 AM
American Cash Solutions Inc is pleased to announce it has obtained a Letter of Interest on behalf of a Builder located in the Midwest. The project involves construction of over 100 single family homes, over 5 Industrial Buildings and over 8 Commercial Mixed Use properties. The Construction Loan is for 3 years with a one year lockout. What made this project viable to the lender was 1)positive demographics 2)enough presolds that demonstrate interest from buyers. In today's markets, builders and developers will find that lenders view an exit plan as an answer to how the bank will get the money back … (2 comments)
American Cash Solutions Inc is pleased to announce it has obtained a Letter of Interest on behalf of a Builder located in the Midwest. The project involves construction of over 100 single family homes, over 5 Industrial Buildings and over 8 Commercial Mixed Use properties.;)
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