Unique Benefits
Mezzanine development funding is becoming more prevalent in today’s market place for both the experienced and new emerging developers alike! The experienced developers like to have a number of development projects under way at any one time, and mezzanine property funding will reduce the strain on their cash reserves and existing lines of credit. The new developer needs to move onto his next development while he is completing the earlier one, or wishes to move onto bigger projects. Here again mezzanine property funding can overcome limitations created by insufficient funding at a critical time. Our unique concept is to put together both the senior debt provider (Prime Bank Lender) and the mezzanine development funder (CALMEZ) in one package.Unique concept benefits
- Due diligence undertaken once - for both lenders
- Complete transparency of costs
- Speed of completion of loans
- One point of contact for whole process
- Development experience in CALMEZ Management Team
- Hand-in-hand working between the two funding sources