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Mezzanine Loans
Loan amount ranges from: $1,000,000 - $100,000,000
Peoples Choice provides Mezzanine loans secured by commercial real estate that can be tailored to meet the needs of borrowers or investors seeking financing for stabilized, value-added, and development opportunities. Quite often, a Borrower may find that their existing first mortgage has a yield maintenance prepayment penalty that effectively prevents refinancing, and that the first mortgage Lender will not allow a second mortgage. In this situation a mezzanine loan can free up trapped equity allowing the Borrower to leverage their assets and take advantage of attractive business opportunities.
Mezzanine commercial loan requests are typically for commercial real estate properties under construction, rehab, or looking to achieve the highest investment mortgage loan to value possible type financing. We have the experience to offer flexible, creative financing high LTV, CLTV or LTC solutions to real estate owners and developers alike.
Whether your high loan to value mortgage purpose is for acquisition, development, rehabilitation, repositioning and/or entity type financing, Peoples Choice can give you alternatives financing options with residential development or just refinancing commercial property.Peoples Choice will provide financing on all types of second trust deed equity loans to finance commercial property. If you would like us to assist you with your golf course and resort commercial loan please contact us.
Please review our Mezzanine commercial loan financing options below:
| Location: |
44 US States and International |
| Type: |
Financing for acquisitions, refinances, and new construction of commercial properties. |
| Loan Options: |
Fixed and adjustable rate loans available. |
| Amortization: |
5 Years, to interest only |
| Term: |
2 to 5 Years, extensions are available |
| Loan-to-Value: |
Mezzanine loans up to 90% loan-to-cost and/or loan-to-value. |
| Recourse: |
Usually non-recourse |
| Debt Service: |
DSCR of 1.05x |
| Collateral: |
Commercial or residential real estate property |
| Property Types: |
Commercial properties, multifamily, condominiums, apartments, office, retail, industrial, hospitality hotels, mixed-use projects, anchored retail, industrial and manufactured housing. |
| Loan Sizes: |
$1,000,000 to $25,000,000 on transactions with a total capital structure $30,000,000 to $100,000,000 considered on larger commercial real estate transactions. |
| Prepayment |
Negotiable |
Programs, rates, and terms are subject to change. Call or E-mail Us For a Free
Reguest Information
Mezzanine Check List
Peoples Choice Commercial Lending - 999 Douglas Ave Suite 3331 - Altamonte Springs, FL 32714
Office Phone: (407) 478-6000 Fax: (407) 478-6001
Email: Info@mycommercialloanadvisor.com
Commercial lending throughout the U.S. and Internationally
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