Dark Fiber is fiber optic cable that is found in America in huge quantities. It is contrasted with fiber optic cable and this is referred to a lit cable. Previously it was almost impossible to ever get hold of this. Telecommunications companies would guard this carefully as it was believed that selling it would cause the companies to lose income. There is now an excess of this in the market and telecommunications companies have changed their stance on retailing the cable. Retailing it has become a very viable option for the companies.Fiber optic technology is the process of transmitting data and information through a fiber, plastic or glass strand. This data is transmitted as light pulses through these strands. It is referred to as dark as it is unused and has no light pulses running through it. Information is transferred much faster this way than with copper wires. This is because this option offers no interference.Dark Fiber was create in massive amounts in the late nineteen nineties by various telecommunications companies. Building of the conduits is what becomes most costly. This is where economies of scale are most significant.The cable however is very inexpensive in relation to the total cost. Telecommunications companies realized after the dot-com boom that the market would grow to a larger level than most people anticipated. This is the reason huge networks were built at the time. Furthermore, wavelength division multiplexing enabled the fiber optic cables to transport massive amounts of data. This technology was developed around about nineteen eighty-four or nineteen eighty-five. This was the reason that cable would be needed even less than before.As there is much more supply than demand for dark fiber, prices have been reduced dramatically. This means that companies that before hired this are now able to consider buying the product. Banks have now moved in the direction of owning and not hiring. These companies have huge needs when it comes to infrastructure and traffic.Another sector of the market that is ordering this in huge amounts are colleges. They are now also creating their own networks. Many independent groups are following suit. One company has bought more than nine thousand miles of this product.When demand was very high, it would cost one thousand two hundred dollars per mile of dark fiber. Today this can be purchased for fewer than two hundred dollars. It is clear that supply has exceeded demand in no small way. This is due to the fact that there was a massive amount of this laid ten plus years ago. There is no doubt about the viability and sustainability of this commodity in future years.It has become an opportunity for groups that are involved in education and research to use this. This is also a great way in which universities can be connected via the Internet. Scientists can also be connected from their various institutions as well.The previously exorbitant price is the reason that many people were unable to use this. Now with supply exceeding demand companies are able to use Dark Fiber like never before. This enhances people’s experience of using the Internet like never before.
Monthly Archives: May 2023
How To Get Commercial Construction Loan Financing – Even During a Dismal Economic Downturn
Just the other day, I heard a rather prominent commercial real estate mortgage industry insider (who wishes to remain anonymous) utter something like: “Sorry guys, no commercial lenders are making loans for commercial construction financing these days in this dismal economic downturn.” No wonder that industry insider wants to remain anonymous! He ought to because it seems to me that when executives start to parrot what they hear in the news media, they actually cause the doom and gloom that doesn’t really exist @ all before they proclaim it. Anyway, rest assured that you can get commercial construction loan financing – if you know where to look…Perhaps where he comes from, commercial construction financing is hard to come by, but he was undoubtedly referring to traditional commercial real estate lenders. Now don’t get me wrong, conventional commercial lenders do have a solid rationale for being reluctant to provide construction loan financing: “In a down economy, lots of standing (existing) real estate sits vacant or unsold on the market. So, why the heck should we finance new construction?”OK, we get their point, but there are still a lot of good solid new construction projects out there that need to be funded, and yours may just be one of them. If so, private commercial construction loan financing is where it’s at. Here’s what it is, why you may need it, and how you can get access to $250,000 to $500 million in the ideal combination of private commercial mortgage loans and up to 100% joint venture equity capital…Private Commercial Construction Loan Financing DefinedFirst of all, let’s define what a commercial construction loan actually is. Private commercial construction loans are typically short-term interim recourse commercial loans from non-bank sources (e.g. private investment firms, individual investors, hedge funds, etc) to finance construction costs. In a typical case, the lender would advance construction funds to you as the builder at periodically at set intervals as the work progresses. By “recourse”, we’re referring to loans where the lender may seek to recover money in addition to real property that the borrow pledges as collateral in the event of a loan default.Why You May Need Private Money To Fund Your Commercial Construction DealsPerhaps the toughest issue that we as commercial real estate investors and owners face–especially within this challenging economy is locating financing when our credit scores, resumes, and/or financial statements are less than stellar. Private lenders and equity capital financiers can work with you to find or devise the ideal combination of debt & equity to finance your commercial construction project. Plus, these private capital sources have much greater flexibility, can offer you more creative financing options, and they can fund your deals with eye-popping speed and efficiency.How You Can Access Private Commercial Construction Loans and Equity Capital FinancingBased upon the information that you have just read, if you feel that either private commercial mortgage finance or private equity capital finance sources are appropriate for your new commercial construction real estate ventures, please just keep in mind that you certainly can get access to the most appropriate form of commercial construction loan financing for your business – as long as you know just where to look for it.