What exactly is mezzanine financing and how does it differ from “hard money loans”? This financing vehicle is a “hybrid” of equity and debt, and used to expand a company’s liquidity or complete a real estate project. Unlike a hard money loan that is solely secured against the real estate asset, a mezzanine loan is secured by a pledge, or assignment, of the property’s ownership entity. Often a mortgage lien is not secured by the real estate asset. A mezzanine structured loan can provide a higher “loan to value” than a hard money loan.
Dominion offers mezzanine financing, and given today’s contracting lending environment, more and more opportunities are available to take advantage of this capital.
Property types that we look for are the following:
- Apartments
- Healthcare Facilities
- Industrial
- Office
- Retail
- Single Tenant
- Special Purpose
We look for mezzanine opportunities in all 50 states, and prefer transactions beginning at $5 million (lower amounts on a case-by-case basis only).
Dominion provides “hard money” loans on all property types starting at $1 million. These loans are considered based upon the commercial real estate with minor consideration given to the borrower and the borrower’s credit. These loans can fund quickly and often have no prepayment penalty.
Please take a moment to browse our site. Look at some of our recently funded transactions or fill out our easy to use online loan application.
Want to stay in touch? Provide us with your contact information and we will keep you informed as to Dominion’s loan parameters.
Whomever you are…a borrower, broker, or another lender referring us business, we want to do business with you.
You’ll be richer for the experience.
