Construction loans for commercial properties are readily available for a wide variety of commercial properties. Each loan vehicle comes with a variety of options that ensures that you get the loan that you need to build the project that you envision. Read through the following list of business ventures that commercial properties encompass that is representative but by no means complete to explore some of the options and opportunities in the commercial construction market.

Retail shopping centers include malls, strip malls, and community shopping centers.
Considering the role that shopping centers play for neighborhoods regarding their economy and society, it is obvious to see their importance. Their role goes well beyond that of distributing services and goods and includes shaping the community around them.

Multi family apartments typically include properties that provide a minimum of five apartments or dwelling units for family use with not more than 20 percent of the property rented for commercial purposes. These properties, designed for multiple family use, can include duplexes, apartment buildings, multiple levels, or multiple floors.

Manufactured home construction includes an assortment of modular homes, manufactured or mobile homes, and custom homes. From the foundation to the factory-made frames, these residential construction projects offer current construction and energy standards as well as optimal energy efficiency. Prefabricated components are assembled remotely into a factory-made home that is delivered to the home site for finishing and installation procedures. Homeowners can personalize their home with custom details by adding or deleting features and making use of modified floor plans.

Industrial property types include the construction of units that are strictly nonresidential in nature and are used for commercial or industrial purposes. This construction can include office buildings, manufacturing plants, power plants, refineries, factory units,
workshops, car parks, and more.

Condo conversions come into play when rental properties are transformed into condos. This provides a larger number of affordable housing units in areas where single-family dwellings are extremely high. This is a popular method of generating a quick turnaround on investment income.

Mixed-use properties combine residential with commercial, typically retail, purposes and generate commercial income. The commercial aspect of this construction should not overshadow its residential aspect.

Gas stations are construction projects that dispense gasoline for vehicles for consumption. They do not include refineries, petroleum distribution terminals, or bulk plants. They are also referred to as filling stations, fueling stations, or service stations.

Motels provide lodging for motorists in rooms that usually have direct access to the parking lot for use by multiple vehicles. They are also referred to as motor lodges or motor courts. In some cases, they might include a series of separate cabins or bungalows and are often built near major roadways or airports. Hotels provide lodging, onsite meals, multiple services for travelers or paying guests. These are usually larger than motels, often providing several floors of accommodations and greater conveniences.

Hard money construction often involves a loan based on the quick sale value or the specific value of a piece of real estate. Typically, this involves the amount of money one could reasonable expect from a sale of the property on today’s market. Usually, these loans involve higher interest rates than conventional loans and they are not available from commercial banks.

Resorts, sought after by many for a relaxing and exciting place to spend a vacation or a few days, offer a variety of activities, meals, entertainment venues, sports, and shopping opportunities. Casino buildings accommodate gambling along with entertainment, lodging, and meals.