I currently have 33 residential units and 11 commercial units.

This would generally bode well for surrounding property owners as well.One other thing I would also try to scope out in the new building's planning docs would be whether or not they are including any retail/commercial space in addition to the residential apartments. 

I have clients that gross well into the tens of millions, they hold residential and commercial properties.

I'm also having fits with traditional banks because the loan would be considered commercial.

The term syndication often is used in a multifamily/commercial or other real estate transaction, where a property is being purchased and the GP needs to raise capital (equity, often) to purchase the asset.

This is mainly because they want to put it into the commercial category.

However, as I learn more about commercial loans, I’m discovering that lenders will require experience with similar types of investments, as well as net worth and liquidity requirements.

@Marisa Bagley please let me know what is the best area to invest for multi family or commercial property?

There is no coffee shop within walking distance and very little commercial properties within walking distance.Not sure if its a pro/con but we are across the street from a large park with a public swimming pool.

With time appreciation and rent increases will produce a good return on leveraged coastal Ca cities RE.For those with a bigger pot to invest…If you do value add on residential, currently commercial residential is beaten down but non-commercial is not.