The Different Types of Properties that can be Financed with a Commercial Mortgage
A commercial mortgage can be used to finance a wide range of commercial properties, including:
Office Buildings: These include any type of commercial building that is primarily used for office space, such as skyscrapers, business parks, and shared workspaces.
Retail Properties: These can include shopping centers, strip malls, and individual storefronts, as well as standalone properties like car dealerships and gas stations.
Industrial Properties: These include warehouses, factories, manufacturing facilities, and distribution centers.
Multi-Family Properties: These can include apartment buildings, townhouses, and other multi-unit residential properties.
Hospitality Properties: These can include hotels, motels, resorts, and other properties designed for short-term stays.
Healthcare Properties: These include hospitals, medical clinics, and other healthcare-related facilities.
Mixed-Use Properties: These are properties that combine two or more types of commercial real estate, such as a building with both retail and residential space.
It's important to note that the specific types of properties that can be financed with a commercial mortgage may vary depending on the lender and the borrower's financial situation.
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