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Mezzanine financing is appropriate to add or bridge the gap for additional leverage needs which are subordinate to a wide variety of senior financings.
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| Security: |
Pledge of ownership interests in Special Purpose Entity
that owns Real Estate |
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| Loan-to-Value: |
Up to 80% (subject to exit strategy) |
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| Loan Size: |
Starting at $1,000,000 |
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| Interest Rate: |
Starting at 12.5% |
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| Term: |
Up to 3 years or coterminous with first mortgage |
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| Recourse: |
Flexible |
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| Amortization: |
Flexible |
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| Origination Fee: |
Starting at 2% |
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| Geography: |
Nationwide (major markets) |
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| Asset Type: |
All commercial property types considered
(no land development or primary/secondary residential homes) |
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