Posts

Hooman Nissani: The Steps to Getting a Commercial Loan – What You Need to Know

Image
Image by Credit Commerce from Pixabay No matter your reasoning for becoming a commercial property developer, the time will come when you need to obtain financing for an investment. If you cannot raise the capital yourself or gain the financial support of investors, then you will need to apply for a commercial loan. Here are the steps you need to follow, as well as anything else you ought to be aware of. Generally, there are a trio of requirements a lender will ask for in order for them to consider granting you a commercial loan. These are the financial state of your business, the financial state of your own circumstances and the characteristics of the property the loan will be for. ·          Banks and commercial lenders usually consider loans to businesses as being risky. They will want to see a clear indication of your ability to pay back the loan. They will add the loan repayments to your average expenditure and compare it against y...
Post a Comment
Read more

Hooman Nissani: The Latest Commercial Real Estate Construction Materials That Drive Cost Savings, Designs, Durability, and Innovation

Image
Image by MichaelGaida from Pixabay   The commercial construction industry is not typically known for its speed of innovation. For many decades, concrete, steel, and glass have seemed to serve the needs of builders and contractors just fine. However, times are changing and with these changing times come advancements in new building materials. Thanks to organizations like the Environmental Protection Agency and Leadership in Energy and Environmental Design certifications, more and more commercial real estate developers are choosing to incorporate sustainable materials into their buildings. When a commercial builder chooses to focus on energy use, efficient lighting, sustainability of the environment, indoor air quality, and resource conservation, everyone benefits. Fortunately, today there are many more options for materials that lead to less cost for both the initial building and the long-term operation of new construction. Some Materials Sound More Like Science Ficti...
Post a Comment
Location: Culver City, CA, USA
Read more