https://www.adventuresincre.com/wp-content/uploads/2022/04/logo-transparent-black-e1649023554691.png 0 0 A.CRE https://www.adventuresincre.com/wp-content/uploads/2022/04/logo-transparent-black-e1649023554691.png A.CRE2022-04-08 22:17:322022-07-27 12:22:13Bankability
Bankability is a quotient that communicates the seriousness of intent of the developer to the lenders.
Here are a few concerns about developers that lenders might have:
- What’s the developer’s “skin in the game?”
- What is the developer investing to show their commitment to the project?
- Will the developer be able to complete the project on time?
- What are the developer’s past track records & EPC Partnerships? Do they indicate an ability for timely development?
- How soon can the operations stabilize in the case of commercial development?
- Will there be any pre-leasing arrangements and at what amount?
- How soon will the homes be sold out in case of residential development?
- Will there be any pre-sales and if so how much? Does this figure substantiate appropriate repayment?