Mezzanine Loan
Mezzanine Loans are subordinate to any senior development loan and can be used to cover shortfalls in acquisition or construction funding, amongst others.
Characteristics
Maximum LTV / LTC | 75% / 90% |
Interest rate | Case by case |
Maximum loan size | 50.000.000 € |
Minimum loan size | 1.000.000 € |
Arrangement fee | 2% |
Exit fee | None |
Maximum term | 36 months |
Minimum term | 6 months |
Interest payable | Early or Bullet Repayment |
Interest compounded | Monthly |