Time Interval: 00:00:00 - 00:05:42
Summary
Purpose of the Construction Loan Section:
- Configures loan details to fund project development.
- Determines whether the construction loan also covers land acquisition loans.
Key Features:
- Funding Table Options: Offers five customizable options (A to E) to define the maximum debt and equity.
- Debt and Equity Splitting: Flexibly allocates equity between developers and investors and debt across construction or mezzanine loans.
- Sequential Funding: Users can prioritize funding sources, e.g., investor equity first, followed by developer equity or construction loans.
Dynamic Calculations:
- Automatically adjusts cash flow projections and loan balances in sync with project costs.
- Calculates interest rates, setup fees, and loan durations dynamically.
Automation and Validation:
- Ensures funding aligns with project phases, reducing manual errors.
- Dynamically recalculates interest based on loan utilization dates.
Key Takeaways
Flexible setup supports tailored project financing strategies.- Automated interest and loan calculations improve accuracy and save time.
Clear visualization of funding sequences and requirements.