Mixed-Use Property Financing

Mixed-use properties combine residential, commercial, and sometimes industrial uses within a single asset or development. These properties can be challenging to finance due to their hybrid nature, but experienced brokers can source competitive capital from banks, CMBS lenders, and specialized mixed-use lenders who understand the unique underwriting dynamics.

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Mixed-Use Property Financing

Mixed-use financing requires lenders comfortable with multiple income streams and use types within a single property. Vertical mixed-use (retail ground floor with apartments above) is the most common structure, followed by horizontal mixed-use developments. Lenders typically underwrite the residential and commercial components separately, then blend the analysis. CLS CRE's expertise in mixed-use structuring helps investors maximize leverage across the full capital stack.

Mixed-Use Subtypes

  • Retail + Residential
  • Office + Residential
  • Live-Work Spaces
  • Transit-Oriented Development
  • Land & Development Sites
  • Adaptive Reuse & Conversion
  • Ground-Floor Commercial + Apartments
  • Mixed-Use Portfolios

Financing Options

  • Bank Permanent Loans
  • Bridge Loans
  • Construction Loans
  • CMBS
  • Agency (If 80%+ Residential)
  • Mezzanine & Preferred Equity

Mixed-Use Transactions

A selection of mixed-use deals we have closed nationwide.

Unentitled Land - Los Angeles, CA
Bridge
$14,000,000
Unentitled Land
Los Angeles, CA
Land bridge loan for an unentitled Downtown LA parcel during the entitlement and planning process for a major development.
Mixed Use Portfolio - Los Angeles, CA
Permanent
$12,500,000
Mixed Use Portfolio
Los Angeles, CA
Mixed-use portfolio refinancing spanning residential and commercial assets in Los Angeles's Cahuenga corridor.
Infill Land - Los Angeles, CA
Permanent
$12,000,000
Infill Land
Los Angeles, CA
Infill land acquisition financing in Downtown Los Angeles with entitlement potential for future ground-up development.
Entitled Land - San Francisco, CA
Bridge
$8,500,000
Entitled Land
San Francisco, CA
Bridge financing for entitled development land in San Francisco, bridging to construction start.
Mixed Use (Office & Retail) - Hartford, CT
Bridge
$8,100,000
Mixed Use (Office & Retail)
Hartford, CT
Bridge financing for a mixed-use office and retail property in downtown Hartford during repositioning, capitalizing on improving fundamentals in the Insurance Capital of the World.
Mixed Use (Apts & Retail) - Carlsbad, CA
Permanent
$4,500,000
Mixed Use (Apts & Retail)
Carlsbad, CA
Mixed-use property with ground-floor retail and upper-level apartments in coastal North San Diego County.

Financing Programs

Mixed-Use properties qualify for a variety of commercial loan programs. Explore your options.

Related Insights

Mixed-Use Financing FAQ

Lenders evaluate each component of a mixed-use property separately (residential, retail, office) and then blend the analysis. Properties with 80%+ residential may qualify for agency financing. The commercial component is underwritten based on in-place leases and market rent comparisons.
Mixed-use properties can be challenging because they straddle multiple underwriting frameworks. Lenders need to be comfortable with each use type, and the blended analysis may result in more conservative terms than a single-use property. Finding the right lender is key.
Mixed-use properties with at least 80% residential use (by income or square footage) may qualify for Fannie Mae or Freddie Mac financing, benefiting from agency rates and non-recourse terms. The commercial component must comply with agency guidelines.
Mixed-use property loan rates range from 5.50% to 8.50% depending on the lender, property composition, and market. Agency-eligible mixed-use (80%+ residential) can access rates in the 5.50% to 6.75% range.
Yes. Mixed-use construction loans are available from banks, debt funds, and private lenders. These projects typically require 20-35% borrower equity (65-80% loan-to-cost), strong development experience, and a clear permanent financing or sale exit strategy.

Finance Your Mixed-Use Property

Contact CLS CRE for a free, no-obligation quote on mixed-use financing. We respond within 24 hours.

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Or call us: 310.758.4042