Slightly off topic, but sort of related... and pleaae excuse the ignorant newbie question
I have come to understand some difference exists between commercial and retail LEASES
Is the same true for commercial and retail property, or do lenders consider them as "residential" or "commercial only".
Not confusing a mixed purpose scenario where resi and retail/comemrical might be combined, I mean simply retail alone.
I suspect I know the answer (yes, it's all considered commercial and reflected as such in the different interest rate).
thanks...
I have come to understand some difference exists between commercial and retail LEASES
Is the same true for commercial and retail property, or do lenders consider them as "residential" or "commercial only".
Not confusing a mixed purpose scenario where resi and retail/comemrical might be combined, I mean simply retail alone.
I suspect I know the answer (yes, it's all considered commercial and reflected as such in the different interest rate).
thanks...
