Commercial Real Estate Financing Astoria NY

Looking for Commercial Real Estate Financing in Astoria? We have compiled a list of businesses and services around Astoria that should help you with your search. We hope this page helps you find Commercial Real Estate Financing in Astoria.

John Henry Low
Knickerbocker Advisors Inc.
(212) 717-8080
230 Park Avenue, Suite 456
New York, NY
Expertises
Ongoing Investment Management, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Charitable Giving - Trusts & Foundations, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, MBA

Lewis Altfest
Altfest Personal Wealth Management
(212) 406-0850
425 Park Avenue, 24th Floor
New York, NY
Expertises
Ongoing Investment Management, Retirement Plan Investment Advice, Alternative or Private Investments, High Net Worth Client Needs, Estate & Generational Planning Issues, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, CPA/PFS, MBA, PhD

Kathryn Norris
Asset Strategies, Inc.
(800) 245-2752
350 West 50th Street
New York, NY
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, MA

Joyce Streithorst
Frisch Financial Group, Inc.
(212) 983-8444
100 Park Avenue, Suite 1600
New York, NY
Expertises
Ongoing Investment Management, Women's Financial Planning Issues, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Divorce Planning, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®, MSFS

Gary Schatsky
IFC Personal Money Manager, Inc.
(212) 721-8713
98 Riverside Drive, 17th Floor
New York, NY
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Advising Medical Professionals, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BA, JD

Keith Amburgey
Rutherford Asset Planning, Inc.
(866) 261-3344
445 Park Ave
New York, NY
Expertises
Ongoing Investment Management, Real Estate Investments, Alternative or Private Investments, High Net Worth Client Needs, Retirement Plan Investment Advice, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®

Karen Altfest
Altfest Personal Wealth Management
(212) 406-0850
425 Park Avenue, 24th Floor
New York, NY
Expertises
Women's Financial Planning Issues, Ongoing Investment Management, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Alternative or Private Investments
Certifications
NAPFA Registered Financial Advisor, CFP®, MA, PhD

Alan Rothstein
Asset Strategies, Inc.
(800) 245-2752
350 West 50th Street
New York, NY
Expertises
Planning Issues for Business Owners, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BS, CPA/PFS, MS

Philip Capell
Piermont Wealth Management Inc.
(212) 983-8525
100 Park Avenue, Suite 1600
New York, NY
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Divorce Planning, Helping Clients Identify & Achieve Goals, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, CFP®, JD, MS

Gary Schatsky
IFC Personal Money Manager, Inc.
(212) 721-8713
250 West 57th Street, Suite 1619
New York, NY
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Advising Medical Professionals, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BA, JD

Commercial Real Estate Financing - Where To Get It And How

Purchasing property that will be used for your business is, in most cases, the biggest startup expense business owners have. There are several ways, and numerous places to obtain commercial real estate financing , whether you are buying an existing building, purchasing land and constructing a new building, or buying and remodeling an existing building to meet your businesses requirements.

Common sources for commercial real estate financing are banks, savings and loans, mortgage companies, venture capital firms, and even insurance companies. You can also obtain financing through the Small Business Administration through their 504 loan program, which was designed for small business commercial real estate financing , and offers a low down payment, low fixed-rate interest, 20 year terms, and steadily decreasing fees through a partnership between banks and non-profit development companies. There are also firms that specialize in finding commercial real estate financing for their clients. These firms do not provide the financing; they simply work to find the financing for their clients, for a fee.

Start with the Small Business Administration. The SBA is in the business of helping small business owners. Therefore, they work to make things less complicated for their clients. If you fail to get a commercial real estate loan through the SBA, you should strongly consider hiring a firm to help you find the financing you need. The time and effort that you will save are greatly worth the fees that will be required. These firms can be easily found by doing a search on the Internet for " commercial real estate financing ."

Documents that will be requested by the potential lenders will be your business plan, financial statements for the last five years, federal income tax returns for the last five years, articles of incorporation (if you are incorporated), and your business licenses. The lenders will also want as much documentation as possible on the real estate.

If you are purchasing land to build on, the lender will want the specifics in regards to the land, including the price, as well as blue prints and construction costs for the building. A common problem that many business owners face when they obtain financing for the construction of a new building is that they do not apply to borrow enough funds for the completion of the building. That is why it is best to have the blueprints drawn up, and to get estimates from three or four construction companies first. This is also true if you are planning to remodel an existing business.

For existing buildings that will not need to be remodeled, provide the lender with documentation concerning the dimensions, the age, and the condition of the building, as well as the seller's asking price and contact information for the seller or realtor. Many lenders will require that the building be inspected by a professional and that you provide them with a report of the inspector's fi...

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