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Mezzanine Financing and Other High-Yield Lending


Overview

Carlton Fields has substantial experience in structuring and closing mezzanine and other high-yield structured financing, including mezzanine tranches and separate mezzanine facilities, preferred equity, “B” Notes or similar junior participations in securitized loans, and other senior-subordinate debt transactions. Our deep familiarity with the issues presented to mezzanine lenders, rating agencies, and senior lenders in these financings permits us to develop creative solutions to what are often complex negotiations.

Experience

  • Represented a major New York investment bank in an $11.7 million mezzanine loan subordinate to a $61.7 million senior construction loan and $35 million of bonds for related construction of a retail shopping mall in central coastal California.   
  • Represented the holder of a senior mezzanine tranche in a $100 million mezzanine loan subordinate to a $275 million securitized mortgage loan secured by a hotel and conference center in Tennessee.
  • Represented the agent bank regarding a $175 million syndicated secured term loan facility secured by equity interests relating to approximately 140 apartment projects in connection with the privatization of a $1.8 billion real estate investment trust.
  • Representation of an investor in connection with the acquisition of a $17.2 million junior participation interest in a $70.3 million senior loan secured by a Texas hotel.
  • Representation of an investor in the acquisition of a $25 million “B” Note subordinate to a $90 million “A” Note included in a securitization pool, both of which are secured by an office building in Dallas.

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Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.