Real Estate
New housing and commercial real estate development are high-profile happenings in any community. Yet those who make the deals, develop the land, manage the construction and sell it all for a profit are mostly small- to medium-sized companies run by individuals who face the same financial concerns as other business owners.
For builders and developers, borrowing money is not just a basic financial need; it's about as fundamental to their operations as you can get. It’s a competitive business with plenty of built-in market risk, which makes lending into the trade a matter for the stouthearted, as well. That’s why First Midwest fields an experienced staff of real estate lending specialists with a thorough understanding of the trade and a keen sense of local market conditions.
Of course, financing isn’t a builder’s only financial need. And it takes a relationship-based bank like First Midwest to recognize that the real strength in the commercial real estate business comes from efficient cash management, accurate accounting and appropriate risk management. You can get all that, plus the lending capabilities you need, from a bank that understands how closely your personal fortunes are tied to the success of your business.
For more information on real estate solutions for your business, call us today at 800-322-3623 and we'll connect you with a First Midwest Business Banker.