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This Week's Breaking Story
MEZZ INFILTRATES LCs
Watch for life companies to take risk higher up the capital stack by partnering with a mezz lender or originating mezz internally. As the year progresses, more LCs will allow mezz behind their senior loans. Partnering with mezz lenders allows life companies to provide one-stop shops for borrowers, control intercreditor agreements and handpick which specific [...]
[continue reading...]MEZZ INFILTRATES LCs
Watch for life companies to take risk higher up the capital stack by partnering with a mezz lender or originating mezz internally. As the year progresses, more LCs will allow mezz behind their senior loans. Partnering with mezz lenders allows life companies to provide one-stop shops for borrowers, control intercreditor agreements and handpick which specific [...]
