Construction Lending from the Ground Up
Probate and Property, May/June 2004, Volume 18, Number 3
By David A. Weissmann
David A. Weissmann is a member of the Atlanta, Georgia, firm of Weissmann & Zucker, P.C., and chairs the E-3 Easements, Restrictions & Covenants Committee.
Construction lending is different in many respects from other real estate lending. It requires general knowledge of construction industry practices, engineering matters, and financing techniques. Although the pre-closing requirements are similar to other real estate loans, additional review is required to ensure that construction can commence and proceed without interruption.