Mini-perm loans usually refer to financing:
A) At local coffers
B) For lease-up period
C) For construction and all subsequent periods
D) For construction, lease-up, and one or two subsequent years

Question

Quizplus · Accepted Answer

Mini-perm loans are short-term financing options that cover the construction phase, the lease-up period, and typically extend for one or two years beyond that to stabilize the property before securing long-term financing.

Mini-Perm Loans Usually Refer to Financing