Mixed use property loans are a specialty for K2 Commercial Finance. Mixed-use properties must contain at least one commercial unit (retail, office etc.) and at least one residential unit. Common types of mixed-use properties include a ground floor retail or office unit with apartments above, all within the same building.
· indicate that the mixed use of the property is a legal, permissible use of the property under the local zoning requirements; report any adverse impact on marketability and market resistance to the commercial use of the property; and
Private Money Loans & Financing are available for all Mixed Use building & Residential properties 1-4 unit (Owner Occupied and Non-Owner Occupied – Business Purpose Loans Only) and other Commercial properties.Private Money Lenders & Investors Fund Loans based on Equity in the Mixed Use Property and have Simple Loan Guidelines & Requirements.
Financing Mixed-Use Property. Many people don’t realize that they will need a commercial loan to buy a mixed use property even if the majority of the income produced is from the residential section of the property.
A rendering of the mixed-use project in Bogata, NJ. Credit: PCD Capital BOGOTA, NJ-The joint venture of PCD Development of New Providence, NJ and Saber Real Estate Advisors, LLC of Armonk, NY has.
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Jordan Warshaw heads Boston-based mixed-use and residential developer The Noannet Group. The executives teamed up in 2012 to develop a hotel on the site, formerly home to the John Hancock Hotel &.
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The loan application by Prataria Ventures LLC, another Chief subsidiary, offers slightly more detail on the commercial side of the mixed-use, $30 million to. “senior living” complex on the “Hahler.
The loan would be used for the renovation of a mostly vacant building at 2019 Center Street in the Flats. The loan, aimed at.
3CALoan is a mortgage broker, lender, bank providing loan lending and financing. Specialist in FHA, Zero down, stated income, Private hard money, conventional, conforming, alternative document, bank statement home loan for purchase, refinance and lending for investment, mixed use properties, commercial and business.
· Mixed-Use Properties. The following special eligibility criteria must be met: The property must be a one-unit dwelling that the borrower occupies as a principal residence. The borrower must be both the owner and the operator of the business. The property must.