Mezzanine Financing
In the event your existing first mortgage financing prohibits early pre-payment, or if the terms of pre-payment are prohibitively expensive, we can help you utilize mezzanine financing as a useful tool to free up equity in cases where secondary financing is prohibited.
A mezzanine loan can also be structured to allow a higher overall leverage position than may be available from a primary lending source.
Current Rates (08/27/2008)
- Apartments 6.36%
- Mobile Home Park 6.36%
- Anchored Retail 6.31%
- Non-Anchored Center 6.31%
- Single Tenant Retail 6.31%
- Office 6.31%
- Industrial / Flex 6.31%
- Self-Storage 6.61%
- Medical Office 5.96%
- Hotel 6.81%
Rates are based on a $2 million loan, 30 year amortization, 10-year fixed rate term.
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