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Construction Loans in Cincinnati, OH

Find lenders offering construction loans in the Cincinnati, including Mason, Covington, Hamilton, and surrounding areas. Compare rates, terms, and programs from 14 lenders.

Lenders
14
Typical Rate
7% - 10%
Down Payment
20-35%
Term
12-36 months (construction period)
Closing Time
30-60 days

Construction Lenders Serving Cincinnati

14 lenders offering construction loans in the Cincinnati, OH area.

KeyBank Real Estate Capital

Local

Cleveland, OH

Major bank CRE lender. Balance sheet, agency, and CMBS lending for multifamily, office, retail, and industrial properties.

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ConnectOne Bank

SBA

ENGLEWOOD CLIFFS, NJ

New Jersey-based commercial bank offering SBA 7(a) loans, commercial real estate, construction lending, and business banking. Serves entrepreneurs and businesses in the New York-New Jersey metro area.

19 SBA loans
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Bank of America

Charlotte, NC

One of the largest US banks. Commercial real estate lending, construction financing, and SBA loans through nationwide branch network.

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Broadmark Realty Capital

Seattle, WA

Private real estate lender offering bridge, construction, and land loans. Now part of Ready Capital. Loans from $500K to $25M+.

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CoreVest Finance

Irvine, CA

Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.

$200K – $50M
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JPMorgan Chase

New York, NY

Major CMBS originator and commercial lender. Full range of CRE financing including conduit, agency, and balance sheet.

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Lima One Capital

Greenville, SC

Private lender for real estate investors. DSCR loans require 1.5+ ratio, min FICO 700. 5, 10, and 30-year options. Up to 75% LTV on purchases.

$75K – $5M
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Merchants Capital

Indianapolis, IN

Bank-backed commercial lender active in 47 states. Over $6.8B in financing. Specializes in multifamily, affordable housing, and healthcare.

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New Silver Lending

FL

Direct lender for real estate investors. DSCR loans with no minimum DSCR requirement. Also offers fix-and-flip, bridge, and construction loans.

$100K – $5M
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PNC Real Estate

Pittsburgh, PA

Top-10 US bank with dedicated commercial real estate lending. Construction, bridge, and permanent financing for major property types.

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Stbridge Capital

Los Angeles, CA

Private money lender in California. Bridge, fix-and-flip, and ground-up construction loans. Fast closings for experienced investors.

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US Bank

Minneapolis, MN

Fifth-largest US bank. CRE lending including construction, permanent, and SBA loans. Strong in multifamily and affordable housing.

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Vaster

Miami, FL

Commercial bridge loan lender for CRE investors. Flexible short-term financing for acquisition, rehab, and construction.

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Wells Fargo

San Francisco, CA

Top commercial real estate lender. CMBS, balance sheet, agency, and SBA lending across all property types.

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Cincinnati Commercial Real Estate Market

Cincinnati's CRE market benefits from a diversified Fortune 500 base that includes Procter & Gamble, Kroger, Fifth Third Bancorp, and Western & Southern Financial Group, all headquartered in or near the downtown CBD. The Banks development along the Ohio River between Great American Ball Park and Paycor Stadium has become the city's signature mixed-use waterfront district, while Over-the-Rhine (OTR) has transformed from a distressed neighborhood into one of the most celebrated adaptive reuse and urban revitalization stories in the Midwest. The I-75 corridor north through Mason and West Chester captures significant suburban office and industrial demand, anchored by GE Aviation's operations and a cluster of insurance and financial services firms. The Northern Kentucky communities of Covington and Newport, while across the state line, function as integral parts of the Cincinnati CRE market with their own distinct development momentum.

Key Economic Drivers

  • Procter & Gamble and Kroger headquarters anchoring downtown Class A office and R&D demand
  • GE Aviation (now GE Aerospace) operations in Evendale driving advanced manufacturing and engineering office absorption
  • UC Health and TriHealth hospital systems generating medical office and ambulatory care facility demand across the metro
  • Over-the-Rhine historic district adaptive reuse creating a model urban submarket for retail, hospitality, and residential

Market Insight

Cincinnati's Over-the-Rhine neighborhood has attracted over $1.5 billion in private investment since 2003, transforming one of the largest intact collections of Italianate architecture in the U.S. into a thriving commercial district and demonstrating the viability of historic tax credit-driven CRE investment in Ohio.

Construction Loans in Cincinnati, Ohio

Commercial construction loans fund new development or major rehabilitation projects. Funds are disbursed in stages as construction progresses. Most are short-term (12-36 months) and convert to permanent financing upon completion. In the Cincinnati metro area, borrowers can access 14 lenders offering Construction financing, including Mason, Covington, Hamilton, and surrounding areas. Loan amounts typically range from $500K to $100M with rates from 7% - 10%.

Who Should Consider Construction Loans?

  • Ground-up development
  • Major renovations
  • Land + construction
  • Build-to-suit projects

Key Requirements

  • Detailed construction plans and budget
  • Licensed general contractor
  • Building permits
  • Development experience (strongly preferred)
  • 20-35% equity

Advantages

  • Interest only on drawn funds
  • Funds disbursed as needed
  • Can include land acquisition
  • Construction-to-permanent options available

Considerations

  • Requires detailed plans and budgets
  • Draw schedule inspections
  • Higher rates during construction
  • Completion risk on borrower

Construction Loans in Other Ohio Cities

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