9/7/11

Mini-Perm/Long-Term Mezz Debt & Pref Equity to $50,000,000 A national capital provider with $1 Billion of capital and cash on hand is extending mezzanine-debt & preferred equity behind banks, Wall Street, insurance companies, and is pre-approved with Freddie Mac to 85% LTV. An inter-creditor agreement is not required. Terms must be co-terminus with the senior debt, and range from four years to ten years with pricing from 9% to 11%. All major asset classes are considered. Some pay/accrue structure is possible although existing cash flow must be in place at close.