Understanding Mezzanine Financing

Mezzanine securitization has become a popular real estate investment vehicle. Get the inside scoop.

February 14, 2002, 5:00 AM PST

By Chris Steins @urbaninsight


Following the CMBS boom, mezzanine financing became a force of its own in recent years: In 2001, over $50 billion was invested in real estate through mezzanine-structured loans, fueled in part by historically low interest rates...However in the precarious market of today, where widespread loan defaults are possible, it is this portion of the marketplace that will likely see the most play...To get the view of the market from the mezzanine level, Reis's Sam Truitt speaks with William Darrow, managing director of Wellsford Real Properties, Inc., a real estate merchant banking firm headquartered in New York City.

Thanks to REIS Cast Newsletter

Tuesday, February 12, 2002 in REIS

Boston

Boston Introduces 'Maximum Parking Ratios' for Large Buildings

Large buildings with uses of all kinds will be subject to Boston's new "Maximum Parking Ratios."

October 14, 2021 - Streetsblog Mass

A person in a bright green vest with the words "Covid Marshall" patrols a street fair in Australia.

5 Tips for Planning Safe Post-Pandemic Events

As community events start move off-screen and become available to the public again, here are five ways organizers can ensure public health and safety.

October 13, 2021 - Devin Partida

Biker and driver

Jaywalking, Idaho Stop Bills Vetoed by California's Governor

Faced with the opportunity to redefine the traffic safety regime in one of the nation's most progressive states, Governor Gavin Newsom flinched.

October 11, 2021 - San Francisco Chronicle

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Hand Drawing Master Plans

This course aims to provide an introduction into Urban Design Sketching focused on how to hand draw master plans using a mix of colored markers.