Mixed-use properties offer excellent diversified income streams but often fall outside the strict guidelines of conventional lenders. We understand the nuances of properties that combine street-level retail with upper-level apartments.
Our mixed-use loans provide the flexibility to acquire, reposition, or refinance these unique assets based on their blended cash flow potential.
A property zoned and used for more than one purpose, most commonly street-level retail/office with residential units above.
Yes, the strength and lease terms of the commercial tenant play a role in the valuation and underwriting.
Yes, we offer 30-year DSCR-style loans for mixed-use properties that are stabilized.
We can provide a bridge loan based on the projected stabilized value to give you time to secure a tenant.
Mixed-use rates generally sit between residential investment rates and pure commercial rates.
Fidelity Funding Corp · Direct California private money lender since 2006
450 N Brand Blvd, 6th Floor · Glendale, CA 91203 · Mon-Fri 8AM-6PM PT