keyfeatures

  • $50,000 loans and greater
  • Loan-to-value up to 90%
  • Loan terms up to 40 years
  • Flexible amortization rates
  • Non-recourse loans
  • Low/no prepayment penalties
  • Assumable financing
  • Parking Garage Financing

    Definition:
    eligible properties include underground parking facilities, paved parking lots and above ground parking.

    Examples:
    with parking in major metropolitan cities become increasingly scarce local governments are allocating additional funding to the development of these projects.


    Parking garages and parking lots often times have excellent cash-flow with high income and low maintenance and operational costs.

    We help parking lot owners realize the best use of their property in emerging markets where construction of multi-level parking facilities mixed with retail or hospitality makes the most financial sense.






    Loan Programs Available

    Ecommloan provides adjustable, permanent, construction mini-perm, hard money, interim, joint venture, wraparound, bridge, mezzanine and development loans for parking garage properties.