Challenges Faced
- Operating deficits
- Challenges in refinancing of current debt
- Potential sale proceeds not meeting proformas
- Cost overruns
- Weaker leasing than underwriting
By partnering with Denholtz Properties’ experienced high-performing team, owners and developers can unlock the capital they need to achieve their real estate goals.
Criteria
- Investment Type: Mezzanine Loan and Preferred Equity
- Target Geographies: New York, New Jersey, Pennsylvania, Southeast
- Target Assets: Industrial and Multifamily
- Gross Asset Value: $50m +
- Target Investment: $5m to $25m
- Term: 1 - 4 Years
- Leverage Target: Up to 88%
- Fees: 1% In 1% Out
- Current Interest Rate: 5% - 7%
- Closing: Under 30 Days
- All-In Interest Rate: 18% - 22%
- Back-End Participation: Per Transaction