A development loan is a type of commercial loan designed to finance the construction or renovation of buildings primarily for commercial use. It is sometimes interchangeably referred to as a construction loan.
A fire stop is a construction feature designed to prevent the spread of fire throughout a structure. It typically involves barriers made from fireproof materials, often interspersed within walls and floors to compartmentalize sections of a building, enhancing fire safety and containment.
A gable roof is a type of roof characterized by its triangular shape, with the ridge forming an angle at the top and each eave forming an angle at the bottom.
A general contractor is a professional responsible for overseeing the construction of buildings or other improvements for owners or developers, often coordinating the work of various subcontractors.
Joists are essential structural elements in building construction, providing support for floors, ceilings, or other horizontal platforms. They are typically made from wood, steel, or engineered materials and are spaced at regular intervals to distribute weight efficiently.
Siding refers to materials used to protect and insulate the exterior walls of a building, typically made from wood, vinyl, aluminum, fiber cement, and other materials designed to mimic clapboards or shakes.
The superstructure refers to any portion of a building that is above ground level. It consists of floors, walls, columns, beams, and roofing necessary to support the elevated lifetime and usage of the structure.
