Wien & Malkin Strategic Capital L.P. bridges the gap between traditional senior mortgage financing and equity enabling entrepreneurs to realize a project's full potential while maintaining control and minimizing dilution of ownership. We offer creative structures and fast responses.
Mezzanine Debt / Preferred Equity Parameters
Desired Deals:
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Size: |
$2,000,000 - $30,000,000 per property |
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Funding Limit: |
90% to 93% of project value |
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Term: |
2 to 10 years - generally co-terminus with defined exit event |
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Property Types: |
Multi-family, office, retail, hotel, industrial and select condominiums |
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Target Markets: |
National - primary and secondary markets preferred |
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Structure: |
Preferred Equity or Mezzanine Debt |
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Non-Recourse: |
Except for standard carve-outs |
Pricing:
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All-in Return: |
Pricing tailored for each individual transaction |
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Current Return: |
From 8% |
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Origination Fee: |
Negotiable |
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Exit Fee: |
Negotiable |
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Accrual/IRR Look-back: |
Possible |
Uses:
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Acquisitions, repositionings, workouts, recapitalizations, partner buy-outs, redevelopments, restructures and developments
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Provide liquidity for existing conduit financed transactions that prohibit subordinate debt. We have successfully completed subordinate preferred equity transactions with the following senior lenders, servicers and special servicers: Credit Suisse, Prudential, CIBC, Lennar, Fremont, Crimmie Mae, Bank of America, Key Bank, Wachovia, PB Capital, Barclays Capital, Midland and Lehman Brothers.
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Speed:
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We provide fast thorough proposals and close quickly. |
For additional information, please contact:
Exclusive placement agent
W&M Properties
60 East 42nd Street, 26th floor
New York, NY 10165
Fax: (212) 983-1385
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George S. Perry
Director, Investments
(212) 850-2725
gsperry@wmproperties.com |
Sean Meehan
Senior Associate, Investments
(212) 850-2726
smeehan@wmproperties.com
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