Get a Better View From the Mezzanine

Learn how a mezzanine tranche of debt—between senior and equity—can enhance a borrower’s capital structure, particularly in real estate financing. This practice note provides an overview of the typical terms, primary documentation, and key issues attorneys must consider in structuring mezzanine financing deals, both at the outset of a transaction and during a restructuring.

READ NOW »

Related Content

• Mezzanine Loan Structure Diagram (Real Estate Transaction)
  Review an overview of the mezzanine structure in a real estate financing. In this diagram, the mortgage borrower, a bankruptcy-remote special-purpose entity, grants a first mortgage lien on their real property to the mortgage lender.
• Debt Finance: Capitalization Options and Parties
  Start at the beginning with this summary of the major financing options (whether debt, equity, or both) companies can use to raise capital. Also addressed are some of the basic features of these structures, including the types of facilities borrowers typically enter into and the identity of the parties on both sides of the transactions.
• Intercreditor Agreements (Mortgage Lender and Mezzanine Lender)
  Get an overview of the principal issues that arise when negotiating intercreditor agreements (ICAs) for mortgage and mezzanine lenders, and discover recent trends in ICAs as well as predictions as to where such negotiations may be headed.  

Practical Guidance Updates
Featuring the latest updates in Practical Guidance.

• Finance Fundamentals Resource Kit
• The Practical Guidance Journal Spring 2021 Edition
  Details of the “New and Improved” Paycheck Protection Program
• Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+