Mortgage Observer

The Return of Mezzanine Financing

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Mezzanine financing, filling the gap between first mortgage lending and the equity that investors have to finance, has returned with a vengeance. As Joshua Stein reported in the April 2013 issue of this magazine, “Today, first mortgage lenders want to lend again, but it’s very much not like 2007 all over again. Proceeds are down, conservatism is up, and many borrowers find themselves with a gap between the equity they’re willing to risk in a deal and the first mortgage financing they’re able to find.” Read More

Mortgage Observer

CBRE Debt and Equity Team Talks Trends

Messrs. Fisher and Braddish.

For CBRE’s Keith Braddish and Mark Fisher—the two elder statesmen in the firm’s capital markets debt and equity finance division—the more fractured lending environment that has arisen out of the collapse of the CMBS market and the concurrent economic malaise has meant the opportunity to dazzle and shine. Read More