How to Finance Large Mixed-Use Building

[Joshua McGinnis]

I recently came across a fantastic $11mm building with 16 lofts in downtown Los Angeles.

Now, I'm not actually interested in pursuing the building. But let's assume the building met all of my qualifications and I wanted to move forward.

Generally speaking, what does the profile of the buyer look like? How would one finance this? Would it be a regular mortgage that required 25% down and 30 yr fixed? How might the property's pro forma impact qualification and terms?

I have my own thoughts but would like to hear others' thoughts so I can learn.