Sunlite Mortgage is committed to assisting borrowers who are prepared to enhance the value of their mixed-use properties through capital improvements. We understand the importance of repositioning and renovating these assets to increase their value and attractiveness to potential tenants and investors.
Our short-term financing options, typically with a duration of two years or less, provide borrowers with access to the property’s equity for capital improvements or repairs. This eliminates the need to raise funds from personal sources, ensuring a more streamlined and efficient financing process. The primary objective of this financing is to enhance the property’s lease rates and reduce operating expenses, thereby increasing its overall value and making it eligible for standard financing in the future.
When considering financing for mixed-use property repositioning and renovation, Sunlite Mortgage takes into account various factors, including the borrower’s expertise, net worth, and liquidity. Additionally, we consider the location and quality of the property, as these factors play a crucial role in determining the potential success of the repositioning and renovation efforts.
Our team of empowered advisors is available to assess your specific financing needs and guide you through the process of securing the financing that aligns with your goals. Contact us today to explore the options available for repositioning and renovating your mixed-use property.
