Non-stabilized or Value-Added Properties -- A second category of mezzanine finance opportunity is value-add properties. After your loan is approved, you will be redirected to the lender's website to review the terms of the loan, and if accepted, the funds will be deposited directly into your bank account! The type of senior loan, whether it is part of a commercial mortgage-backed securities CBS pool or resides on the portfolio lender’s balance sheet, is also a factor. Specifically, I would like to talk about how mezzanine debt is structured and what the implications are for small businesses that use it. Because of the relatively expensive pricing on these loans, mezzanine finance should be viewed only as a short-term solution with a clear, attainable exit strategy. The character of mezzanine lender creditability, capacity, etc. may positively, or negatively, affect the senior lender’s view of the overall risks associated with the property. Yes, your personal information is safe. If you own the company that owns the property, you control the property. Refinancing both the first mortgage and mezzanine positions is favourable to the mezzanine finance provider and the borrower, in that sale of the property is not required. Properties that can support a $15 million mezzanine position are less common and the flow of transactions are less frequent. First is the total capitalization of the collateral. Without attempting to provide an exhaustive list, below are some conditions that are applicable in most refinancing situations.