Urban Bay Financial, a leading provider of innovative financing solutions, proudly announces the expansion of its Construction and Development Loan Program, now tailored to empower commercial developers nationwide. This enhanced program offers flexible, high-value financing to support ground-up construction and major redevelopment projects, reinforcing Urban Bay's commitment to driving economic growth and urban transformation.
The expanded program provides loan amounts ranging from $5 million to $100 million, with terms of 12 months to 3 years and loan-to-value ratios up to 70%. Designed for property types including multifamily, office, retail, and mixed-use developments, the program features customized draw schedules, experienced construction oversight, and competitive rates. These offerings ensure developers can execute projects with confidence and efficiency.
“Urban Bay Financial is dedicated to fueling the vision of commercial developers,” said a company spokesperson. “Our expanded construction lending program provides the capital and expertise needed to transform communities, combining flexibility with rigorous oversight to deliver successful outcomes.”
In researching competitors like Arbor Realty Trust's Arbor Private Construction program, Urban Bay identified a demand for streamlined, relationship-driven financing. While Arbor offers loans from $25 million to $100 million with up to 75% loan-to-cost for multifamily projects in primary markets, Urban Bay's program stands out with broader property type eligibility, lower minimum loan amounts, and personalized service, catering to a wider range of developers and project scales.
Urban Bay Financial's Construction and Development Loan Program is now accepting applications. Developers are encouraged to contact the team to explore how this financing can bring their projects to life.
Contact:Urban Bay Financial6628 Sky Pointe Dr, Suite 280-1121Las Vegas, NV 89131Phone: (866) 970-3498Email: 397650@email4pr.comWebsite: www.urbanbayfinancial.com
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SOURCE Urban Bay Financial
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