Edgewood’s Mezzanine Lending Program is designed to offer borrowers additional funding for ground-up development projects and transitional assets. Our lending team has experience working with senior lenders to make sure there are no issues with inter-creditor documentation and that each deal is properly structured. We originate, hold, and service all of our loans. We provide high-quality customer service to build long-term relationships with our borrowers.
Loan Size | $2 million - $20 million |
Geographic Region | Nationwide |
Interest Rate | Rates starting at 12% |
Security | Pledge of ownership/partnership interest in the borrowing entity |
Leverage | Max 80% LTC |
Property Types | Commercial Real Estate (Multifamily, Office, Industrial, Retail, Mixed-use, Hospitality, and Healthcare) |
Term | 1–3 years |
Points | 2-3% of the loan amount to be paid from loan proceeds at closing |
Closing | 10 – 15 Business Days |