construction loan
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
In 2019, the museum entered into a $33-million construction loan agreement to finance final phases of the $110-million expansion of its La Jolla facility, according to posted financial statements.
From Los Angeles Times ● Mar. 27, 2024
The mall, called Europark, was used as collateral for a Hotel Moska construction loan that later was sold by the issuing bank, causing Smagin to lose his interest in the mall.
From Los Angeles Times ● Sep. 7, 2023
A Trepp study of 4,760 banks' public regulatory data published late Tuesday found that 763 have either a CRE or construction loan concentration ratio that exceeded these thresholds.
From Reuters ● May 17, 2023
Using a construction loan guarantee, foundations or donors pledge to repay a loan with their endowment or other assets.
From Seattle Times ● May 10, 2023
Daniel Klein, president of Klein Enterprises, a commercial real estate management firm based in Maryland, had been talking to several banks recently about a construction loan for a new project.
From New York Times ● Mar. 22, 2023
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
