Streamline Announces New Construction Loan Program
Streamline Realty Funding has formed a partnership with New York-based Och-Ziff Real Estate to originate approximately $500 million of high-yield construction loans over the coming year.
Streamline will arrange and underwrite the transactions on a nationwide basis. The program offers non-recourse financing up to 85% loan-to-cost up to $50 million. Project that will be considered are ground-up development, redevelopment and gut renovation projects. More information on Streamline’s construction lending program can be found at http://slref.com//lending-programs/
For additional information, email Felix Rivera or call him at +1 (212) 620-2717.