OOCRE
Owner-occupied commercial real estate (also known as owner-occupied CRE or OOCRE) is a form of commercial real estate where an operating entity (corporations, partnerships, LLCs, etc...) will own the property with the purpose of running business operations out of it, instead of leasing from a separate entity. == Property types == OOCRE is typically a commercial property of one of the following types: Office (office buildings and/or office condos) Industrial (including warehouses and manufacturing facilities) Retail Shopping center Agricultural Hotel and motel Senior housing / assisted living facilities Health care Special purpose Unimproved land, multifamily homes, and residential income homes are not recognized by most banks or lending institutions as OOCRE. == Financing == OOCRE is distinct from commercial investment property and is viewed differently.