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Mezzy Business: Is Your Lender Looking To Take Over Your Project?

Commercial Observer

02 Aug 2017

Jeffrey J. Temple, co-chair of Morrison & Foerster’s U.S. Real Estate Group, describes how mezzanine loans are being utilized by lenders in the Commercial Observer article “Mezzy Business: Is Your Lender Looking To Take Over Your Project?”

“A lot of mezzanine lenders in today’s market have both a debt platform and an equity platform, meaning they have experience not only lending money on mezzanine loans but also developing and owning properties,” he said. “So they take the view of saying, ‘Well, I’m not really looking to own the property, but if my borrower doesn’t do a good job and the property gets into trouble, I’d be just as happy taking it over.’”

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