March 24, 2012/Real Estate and Construction
Real Estate Monitor – Spring 2012
It is expected that mezzanine financing, which fills the gap between senior financing and equity, will play a major role in the next few years as short-term mortgages come due in what continues to be a weak market. As senior lenders continue to be more conservative in renewing mortgages, borrowers will need to find cash from other sources. This will serve to create good opportunities for mezzanine lenders.