Mixed-Use Commercial Real Estate Investing

The most common form of mixed-use properties, especially in cities, are retail/restaurant properties with offices or residences sitting atop. Think of your general downtown high-rise building, and there’s a good chance that the asset is considered mixed-use.

Even though many large office buildings have taken a hit with Covid 19, the mixed-use market is as strong as ever. Lenders are looking for opportunities to finance these properties, so give us a call. We can finance projects up to $50M!

MIXED USE FINANCING PROGRAM HIGHLIGHTS

Please note that these are just a few of the options we have available. We will work with you to find the perfect fit for your project.

BRIDGE TO FREDDIE MAC

  • Uses: Purchase, Recapitalization, Refinancing (Including Cash-Out), Upgrades and/or Seasoning, Expedited Closings
  • Good for Non-Stabilized Properties, Rehab/Renovations
  • Loan Size: $1MM – $7.5MM
  • Leverage up to 85% LTC/80% LTV
  • Terms: Typically < 2 yrs with 6 month to 1 yrs extensions available
  • Interest Only
  • Non-recourse

FIXED RATE PROGRAM

  • Uses: Acquisition, Refinance, Cash Out
  • Property Types: Multifamily, office, retail, industrial, self-storage and hospitality
  • Loan Size: $1MM – $25MM with portfolios up to $100MM
  • Stabilized properties
  • Terms: 2-10 yrs (can consider longer terms on case-by-case basis) with up to 30 yr amortization
  • Flexible payment schedules
  • Non-Recourse
  • As low as 1.20x DSCR
  • No minimum FICO stated
  • Can close in less than 30 days when requested

FIXED RATE FREDDIE MAC SBL PROGRAM

  • Loan size: $1MM to $7.5MM
  • Terms: Fixed 5, 7, 10 yr, Hybrid 20 yr ARM with initial 5, 7, 10 yr fixed
  • Prepayment: Declining schedules available
  • 120x DSCR Top, 1.25x Standard, 1.30 Small/Very Small
  • Stabilized properties
  • Amortization: Interest only partial term and full-term may be available with 30 year amortization.
  • Minimum 650 Avg FICO, Net Worth equal to loan amount, Liquidity equal to nine months debt service.