Commercial real estate owners have been turning to mezzanine financing solutions in response to the decline in the loan-to-value ratio available from first-lien private lenders and constraints on the amount of equity available for certain property types. Given the lack of traditional financing options and the ability to layer in mezzanine financing on a cost-effective basis, an increasing number of CFA's clients are finding our mezzanine debt and preferred equity financing to be the answer to their funding needs.

Our mezzanine product line offers considerably more flexibility to structure coupon, amortization and covenants to accommodate the specific cash flow requirements of our borrowers. Structuring the financing terms to meet the unique needs and circumstances of each particular deal is the key ingredient to our successful mezzanine and preferred equity product line.