collateralized debt obligationsintercreditor agreementmezzanine loansnontraditional financingspreferred equityreal estate financesecuritizationThis chapter discusses mezzanine loans and preferred equity investments, which are two types of nontraditional real estate financing providing capital and liquidity to real ...
The American South Real Estate Fund (the “Fund” or “ASREF”) provides mezzanine debt, preferred equity, and equity financing for real estate projects located in emerging low- and moderate-income neighborhoods in ten southern states. ASREF is an impact fund having a Triple Bottom Line (“TB...
The notion of more-stable returns was borne out by the inaugural results of the newly launched MSCI Europe Quarterly Private Real Estate Debt Fund Index, which reported a return of 3.7% for the year ending December 2023. The performance was predominantly influenced by senior-lending funds, which...
Individual property holdings are structured as joint venture equity, senior debt, mezzanine debt, and preferred equity. See the complete list of properties in the fund here. Below is a sample. Liquidity Successful real estate investing requires capital to take advantage of opportunities, and patienc...
AGG has one of the largest Real Estate practices in the Southeast. Our team of more than 40 attorneys combines our decades of experience with professional and community relationships to serve domestic and international real estate owners, developers, and
We offer a range of mezzanine and preferred equity solutions with a focus on institutional-quality real estate in primary markets.
The firm supports the full life cycle of a commercial real estate project and is active in senior debt, mezzanine debt, preferred equity and joint venture equity. The Executives at Trinity Street have more that 100 years combined experience originating commercial mortgages and multifamily loans. ...
In general, direct real estate (ownership without financial vehicles) has several disadvantages, such as large required fund outlays, lack of a central market, need for local market knowledge, low liquidity, high transaction costs, maintenance expenditures and management requirements (seeWilson & Zurb...
Real Estate Investment Funds Debt Financing Strategies: NAV, Subscription, and Hybrid Faci... February 11, 2025 • CLE • Live Webinar This CLE webinar will discuss debt financing options available to real estate investment funds, the common structures and terms for these fund financing ...
As an investment, the returns tend to be relatively high (stock-like) and quite steady but terribly tax-inefficient. The main risk, besides manager risk, is simply that the debt fund becomes an equity fund in a terrible real estate downturn when the operators mail in the keys instead of ...