Mezzanine

The enhanced mezzanine loan programs are best suited for qualified, middle market, income-producing properties that exceed the traditional 75% LTV limit imposed by most lenders. Highlights of this loan program include:

Typical Deal Term Summary

Enhanced Debt Mezzanine Debt
Loan Size $5 - $20 Million $2 - $15 Million
Interest Rate Typically floating rate, LIBOR 9%-11%, typically fixed
Loan Fee 1% 1%-3%
Exit Fee 1%-4% 11%-19%
Loan to Cost Up to 90% Up to 97%


Common Terms & Parameters

Loan Term 3 - 5 years
Amortization Negotiable based upon business plan
DSCR No requirements; deal specific underwriting, interest reserves may be permitted
Property Types Industrial, Office, Multi-family, Hotel, Condominiums, Manufactured Housing Communities, Anchored Retail, Self Storage throughout the U.S.
Property Size Individual properties valued at under $40 million
Borrower Property type experience with strong track record

Whether you need to refinance an existing property or you need mezzanine financing - we can help you structure the mezzanine loan that meets your needs.

There are many factors to making sound investment decisions in today's market. Working closely with expert loan advisors, you will maximize terms and minimize risk while closing your deal on time and on terms.

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