Mezzanine & Preferred Equity
Mezzanine debt and preferred equity sit between the senior loan and the owner's equity. They let sponsors raise more of the capital stack without giving up ownership control of the deal.
Commonly used for
- Reducing the equity needed for an acquisition
- Recapitalizing a property or buying out a partner
- Filling a gap in construction or value-add financing
Common property types
Terms
Rates, terms, and loan amounts are set by the lender and depend on the property, the borrower, and market conditions. Tell us about your deal and we’ll walk you through the options.