While credit funds offered by traditional fixed interest managers remain in demand this year, another form of debt investment is also catching on – mezzanine finance. GREG BRIGHT reports. (more…) A ...
LBOs are often executed by private equity firms who raise the funds using various types of debt to get the deal completed. Capital for an LBO can come from banks, mezzanine financing, and bond issues.
In a future article, we’ll consider two forms of debt: senior debt and mezzanine debt. We’ll cover the risks and rewards that each layer brings, along with the players involved and factors ...
Barings and affiliates of Apollo have jointly originated a $113 million debt package to refinance the Westin Indianapolis hotel. An affiliate of KSL Capital Partners has owned the downtown property ...
LBOs are often executed by private equity firms who raise the funds using various types of debt to get the deal completed. Capital for an LBO can come from banks, mezzanine financing, and bond issues.
The Tampa-based debt fund Electra Capital sued Sean Kia and Ryan Andrade, claiming they triggered recourse guarantees on a pair of mezzanine loans backed by two Texas apartment complexes — the ...
As a provider of mezzanine capital, Northcreek’s debt financing fits between banks’ senior debt and the equity held by owners of the stock. If things go bad and the company liquidates ...
defaulted on a $97 million loan tied to the property as well as a $20 million mezzanine loan. But unlike the parade of debt-troubled hotel properties downtown, the publicly traded Portsmouth told ...
The fund offers unitranche loans, which have a single set of terms, instead of a combination of senior bank debt and separate mezzanine debt funding. This means that borrowers can secure up to 15% ...