EB5 Investors Magazine | Page 28

Penning the Next Chapter of Ownership: Refinancing Strategies that Preserve Value for Developer-Owners by Patrick O’Donnell There is no such thing as a “plain vanilla” real estate development. Each project comes with its own unique set of challenges that require diligent planning, creativity, and resolve. Financing a completed project is no different, as refinancing decisions can have as great an impact on a project’s profitability as the most critical decisions during the construction phase. For EB-5 developers that intend to continue owning their projects upon completion, this article provides a general overview of commercial real estate lending markets, complete with refinancing frameworks to help developer-owners protect the value they have created. Three Common (Bu ]