Experienced and financially savvy developers are interested in mezzanine finance / preferred equity as it provides the following benefits: It gives the developer the power to determine the level of equity (if any) they wish to contribute to a project It is generally cheaper than equity; and provides a higher rate of return on equity The borrower can use their equity elsewhere, effectively diversifying risk The property developer can continue with the project on a ‘stand alone’ basis
International Financial Capital, LLC has partnered with a Private Equity Group to offer Bridge and Mezzanine financing for our clients. This lending program is designed to provide financing for real estate transactions where the borrower needs to close and fund quickly. Closings can occur in as little as 5-15 days. Underwriting is based on the equity in the property and/or the property value.