A metric used in commercial real estate construction to compare the amount of debt needed to finance a project to the cost of building it, helping lenders assess the associated risk. LTC is calculated by dividing the project’s loan amount by its total construction cost.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.