HOLIDAY HOURS:
Banc of California branches will close at 2:00 p.m. on Tuesday, December 24.
Banc of California branches will be closed on Wednesday, December 25.
COMMERCIAL CONSTRUCTION BANKING
The local industry expertise and solutions you need to accomplish your goals.
COMMERCIAL CONSTRUCTION LOANS FOR DEVELOPERS
Banc of California currently offers Commercial Construction Loan programs for experienced Developers and Investors. The Construction Lending team is committed to serving your needs by delivering flexible products and exceptional service.
BENEFITS OF A BANC OF CALIFORNIA CONSTRUCTION LOAN INCLUDE:
- Construction Loans to $30MM—Higher on case-by-case basis with willingness to participate in larger transactions
- Construction and Major Renovation only
- 1 mo. LIBOR ARM + MARGIN
- Origination fee paid at closing
- Property types financed consist of multifamily, industrial, office, retail, student housing and some self-storage
- LTVs up to 75%, depending on property type
- LTCs up to 80%, depending on property type
- In-house fund control and loan administration
- Competitive loan administration fee
- Loan terms up to 60 months, depending on property type