Mixed-use Renovation Financing

The borrower required funding to transition a mixed-use property comprised of one commercial unit and five residential units from their late parent’s estate into a newly incorporated holding company, while also completing cosmetic renovations to enhance the property’s rental potential. We provided a flexible equity takeout financing solution that made the ownership transfer seamless and funded the planned improvements. Upon completion of the renovations, the borrower plans to refinance with a traditional financial institution.