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MEZZANINE LOANS

We arrange mezzanine loans up to 90% Loan-to-Cost

Mezzanine Debt (“Mezz”) is junior to the senior debt in order of payment priority. After a borrower funds their operating expenses and the senior debt payment, all income must pay the fixed coupon of the mezzanine debt. If a borrower is unable to cover their debt service, the mezzanine lender typically has the ability to take control of the property quickly. The senior debt and mezzanine lenders typically enter into an inter-creditor agreement to govern control rights, among other things. Mezzanine debt typically has a higher rate of return than senior debt but lower than equity. 

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WHY CLEARWATER

FORMER LENDERS

We are former bankers and lenders who specialize in arranging commercial real estate loans across all asset types and geographies up and down the capital structure to provide our clients with the most competitive terms and most reliable executions in the debt capital markets.

WELL-ESTABLISHED

We maintain several relationships with Limited Partners and Institutional Investors who seek to invest passively on a direct acquisition, joint-venture, discretionary fund basis that efficiently enables sponsors to acquire or recapitalize an asset.

CAPITAL OPTIMIZATION

We source subordinated financing to increase overall leverage for our clients who wish to maximize their returns, reduce risk, and/or generate liquidity. We work with capital sources who specialize in providing Mezzanine Debt or Preferred Equity.

Get started with Clearwater

Clearwater helps real estate developers, investors, and owners secure the most competitive terms and most reliable executions in the capital markets.

Step 1. Get Smart

As former bankers, lenders, and developers, we will quickly determine the best capital stack optimization based on your existing capital structure and return profile.

Step 2. Targeted Outreach

Our technology-based platform coupled with more than 500 well-established relationships in the capital markets allows Clearwater to quickly identify the best capital source.

Step 3. Cleared to Close

We swiftly navigate the DD process by rigorously underwriting opportunities before sending them to Investment Committee, leading to an expeditious and confident closing.

Submit a Debt Placement Financing Request

Secure favorable term sheets for your real estate project