How can I finance a mixed-use development project?

How can I finance a mixed-use development project?

Financing a mixed-use project typically involves a combination of equity, debt, and sometimes public funding. Have you considered any specific financing options?

I’m looking into bank loans and private investors. What are the pros and cons?

Bank loans usually offer lower interest rates but require solid credit and collateral. Private investors can provide more flexible terms but may demand a larger share of profits.

What about government grants or incentives?

Government grants can significantly reduce costs, but they often come with strict eligibility requirements and lengthy application processes. It's worth researching local programs.

Are there any specific financial metrics I should focus on?

Yes, key metrics include the debt service coverage ratio, return on investment, and net operating income. These will help you assess the project's financial viability.