Mid-Atlantic · Virginia · Mixed-Use · First lien
Mixed-use hard money loans in Norfolk, VA.
First-position mixed-use loans in Norfolk, Virginia (VA) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Norfolk market context
The Norfolk economy behind the collateral.
Norfolk hosts the largest naval base in the world and functions as a key maritime logistics and shipbuilding center within Hampton Roads.
Stokley Capital sees requests tied to industrial and warehouse assets supporting port and naval logistics.
Economic anchors
- Naval Station Norfolk
- Port of Virginia terminals
- Norfolk Southern headquarters
- Old Dominion University
Mixed-Use underwriting
What we look at first.
- Income split and stability by component
- Residential rents and commercial tenancy
- Zoning, condo structure and separate metering
- Local foot traffic and neighborhood trajectory
- Capital needs across the building
Situations
Mixed-use loans we see in Norfolk.
- Refinancing buildings that do not fit a single lender category
- Acquisitions needing speed ahead of a competing buyer
- Commercial lease-up beneath stabilized residential
- Renovation of older main-street buildings
Selling a mixed-use property in Virginia? Stokley also buys real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
Asset-based financing. We focus on the property's value and the owner's equity, not a credit score. Low credit does not rule out a request. Every deal is subject to underwriting.
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Norfolk, VA mixed-use loan request.
Questions
Norfolk, VA mixed-use loans, answered.
- Does Stokley Capital make mixed-use loans in Norfolk, VA?
- Yes. We make first-position mixed-use hard money and bridge loans in Norfolk, Virginia (VA), typically $1M–$5M, with larger loans considered.
- What drives the Norfolk market?
- Norfolk hosts the largest naval base in the world and functions as a key maritime logistics and shipbuilding center within Hampton Roads.
- What should a Norfolk mixed-use loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Next step
Financing mixed-use in Norfolk?
Send the property, amount and deadline. A principal will respond directly.