Our Products & Programs
Equity / Preferred / Mezzanine
$2.0 - $50 Million
Equity & Debt
Preferred Equity / Mezzanine
Capital Sources
Insurance Companies, Finance Companies, Debt Funds
Markets
Nationwide (US)
Use
Acquisition, Repositioning, New Construction
Term
Up to 5 yrs. (typical), Up to 10 yrs. (selective)
Loan to Value (LTV)
Up to 85% (typical), Up to 90% (selective)
Comments
Preferred / Mezz typically between 70-90% of the capital required in a transaction. It is treated as a junior position to the senior mortgage. However, it is a senior position to sponsor equity.
$5.0 + Million
Equity
Preferred Equity / Mezzanine
Capital Sources
Insurance Companies, Finance Companies, Debt Funds, Private Capital
Markets
Nationwide (US)
Use
Acquisition, Repositioning, New Construction
Term
Up to 5 yrs. (typical), longer terms on a case by case basis
Returns / Structure
Up to 90/10 with waterfalls & promotes
Comments
Ideal for experienced Sponsors. GP equity available for select tranactions
Note: Terms above are a general representation and are not applicable to all transactions. Actual terms will vary by transcation, property type or lender.