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Expert Analysis

Midconstruction Refinancing: A Plunge Into The Void?

Law360, New York (January 12, 2015, 12:28 PM EST) -- Construction loans typically do not get refinanced before a project is completed. A construction loan is short-term in nature and both the lender and its customer expect that they will stay on the project until the project is complete, following the ground rules and administrative framework they negotiate....

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