Mixed-Use · Nationwide
Mixed-use property financing.
Bridge, construction, and renovation financing for mixed-use properties — ground-floor retail or office with residential above, urban infill, adaptive reuse, transit-oriented development. $1M to $50M+, all 50 states.
By David Hodara ·
$1M-$50M+
Loan range
24-48h
Term sheet
60-70%+
Preferred residential share
All 50 states
Coverage
mixed-use market context
Mixed-use sits at the intersection of commercial and multifamily underwriting. The residential portion is underwritten with multifamily DSCR logic; the commercial portion is underwritten on tenant credit, lease term, and submarket retail dynamics. The blend determines pricing — most lenders prefer 60-70%+ residential by income to apply multifamily-like terms.
Active corridors are urban infill (LA Echo Park, DTLA, Brooklyn Williamsburg, Miami Wynwood, Austin East, Dallas Deep Ellum) and transit-oriented development (LA Metro, BART nodes, NYC subway corridors). Adaptive reuse of older commercial or industrial buildings into mixed-use is increasingly active in cities offering density bonuses and historic tax credits.
Underwriting watches retail vacancy in the submarket, anchor tenant credit on the commercial portion, and any rent regulation on the residential portion. The cleanest financeable mixed-use combines a credit-tenant retail anchor with market-rate or stabilized residential above.
Typical loan products for mixed-use
Each deal gets routed to the product structure that fits.
Bridge loans
Short-term financing (6-24 months) for acquisition, reposition, lease-up, or recap. 7-10 day close on clean files, 8-12% interest-only, up to 75-80% LTV.
Construction loans
Ground-up or heavy rehab financing with milestone-based draws. 12-24 month term, up to 85% LTC, interest-only on drawn balance.
Renovation / rehab loans
Acquisition + rehab in a single facility. Up to 90% of purchase price + 100% of rehab cost. Interest-only with rehab draws.
Mixed-Use financing by state
State-specific dynamics affect every mixed-use deal — insurance, property tax, rent regulation, entitlement timelines, lender pool composition. Browse the per-state pages.
Related questions
Common mixed-use-related questions answered in our knowledge base.
mixed-use FAQ
How do lenders treat the residential/commercial split?
Most underwrite as multifamily when residential income exceeds 60-70% of total — that unlocks better pricing and higher LTV. Below the threshold, lenders apply mixed-use commercial pricing (lower LTV, higher rate). The exact line varies by lender from 55% to 75%.
Are mixed-use construction loans available?
Yes, in active urban infill submarkets. Construction lenders want pre-leasing on the commercial portion (typically 50%+ of ground floor pre-leased to a credit tenant). Residential is often delivered on spec. Up to 75-80% LTC depending on sponsor experience and submarket.
Can adaptive reuse projects be financed?
Yes — adaptive reuse (industrial → residential, office → mixed-use, retail → residential) is increasingly common. Construction lenders want clear scope of structural work, historic preservation compliance if applicable, and a sponsor with adaptive reuse track record.
What's typical bridge leverage on mixed-use?
70-75% LTV on stabilized mixed-use with strong residential income share. 65-70% on transitional, value-add, or commercial-weighted deals.
Got a mixed-use deal? Send it over.
Term sheet inside 48 hours, or a clear no so you can move on.