Second mortgages on income producing properties:
- For acquisitions
- Equity release
- Refinancing
Mezzanine financing for development:
- Where Borrower requires additional equity in order to secure construction first mortgage with bank
- To cover presale requirements as may be required by bank
- Costs for permits, and start up costs
- Cost overruns
Equity and joint venture financing:
- Borrower requires additional capital to acquire or develop property
- Capital may be structured as conventional debt, participating debt or equity
