Specialty Asset Bridge, Construction And Mezzanine Debt

Q: Specialty Asset Bridge, Construction And Mezzanine Debt

CAPITAL STRUCTURE: BRIDGE LOAN/ C ONSTRUCTION LOAN , MEZZANINE DEBT Newly formed finance arm of private equity vehicle seeking to deploy capital for senior housing, medical offices, student/multifamily housing, self-storage. Check size: $10 – $500MM LTV: Up to 85% LTV/LTC Rates: Spreads to LIBOR of 2.5% – 5.5% (first mortgage) or 6.0% – 10.0% (mezzanine/preferred equity) Term: Up to 7 years Amortization: Typically interest only Property type: Senior Housing, Medical Office, Student/Multifamily Housing, Self-Storage Uses: Development, Acquisitions, Recapitalization Geography: NationwideHigh leverage flexible long-term balance sheet financing

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CAPITAL STRUCTURE: BRIDGE LOAN/ CONSTRUCTION LOAN , MEZZANINE DEBT Newly formed finance arm of private equity vehicle seeking to deploy capital for senior housing, medical offices, student/multifamily housing, self-storage. Check size: $10 – $500MM LTV: Up to 85% LTV/LTC Rates: Spreads to LIBOR of 2.5% – 5.5% (first mortgage) or 6.0% – 10.0% (mezzanine/preferred equity) Term: Up to 7 years Amortization: Typically interest only Property type: Senior Housing, Medical Office, Student/Multifamily Housing, Self-Storage Uses: Development, Acquisitions, Recapitalization Geography: NationwideHigh leverage flexible long-term balance sheet financing