top of page
![R4_logo.png](https://static.wixstatic.com/media/83e56a_d942a0486764455c80724b05c9b4f3be~mv2.png/v1/fill/w_79,h_83,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/R4_logo.png)
-
What is Commercial Real Estate (CRE)?Briefly, commercial real estate (CRE) is any property owned to produce income. This includes: property owned by investors to rent or lease to businesses or residential tenants property owned or leased by a business (i.e. storefront, office) to conduct business property that is owned or occupied by nonprofit organizations property that is owned or occupied by religious organizations Examples of CRE properties are: multifamily (residential apartment building) mixed-use (combination of residential and retail or office units) office retail industrial land
-
What are some types of commercial property types?There are 6 main property types: Multi-unit/family (apartment buildings) Mixed Use (combination of retail or office space and residential apartments) Office Retail Industrial Land
-
How does residential real estate differ from CRE?According to most definitions, residential real estate includes single family homes, condominiums, co-ops and typically, smaller (4 units or less) apartment buildings. These properties are usually owner occupied. At R4 Commercial we include 2-4 unit apartment buildings in the multi-family space because of the owner’s ability to lease units to produce income.
-
Can I get a 20 or 30-year mortgage loan for a CRE property?A typical loan for a commercial property is a 5-year balloon. That said, there are programs that offer longer mortgage loan terms for multi-family properties and owner-occupied businesses. These programs require certain conditions to be met.
-
How can I reach you?Call, email, or complete our inquiry form. We’d love to hear from you.
bottom of page