A land development loan finances the improvements needed to convert raw land into construction-ready building sites. Unlike other acquisition, development or construction loans, the term of debt is much longer when working with raw land.
A more sophisticated approach to financing land development, is to acquire a rolling option for large land development transactions. This is much more complex then a simple option agreement. Rolling option is utilized when there is a great deal of property that an individual needs to control.
Commercial Development Loans . Direct understands that the purchase and commercial land development of real estate can be a daunting experience, and acquiring financing for it should not make the task even more challenging.
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Jan 18 (Reuters) – China Fortune Land Development Co Ltd : * SAYS 2018 CONTRACT SALES UP 7.45 PERCENT Y/Y AT 163.48 BILLION YUAN ($24.14 billion) Source text in Chinese: https://bit.ly/2MgrpeN Further.