Mezzanine / Bridge Loans

If you require immediate short-term financing, Blackstone Mortgage can help obtain Mezzanine and Bridge loans for a quick solution. These loans are typically high-interest loans, with rates of 10% or higher, that are interest-only and designated for one-to-three years duration. These loans are designed to bridge the interim financing gap while lining up long term financing. Below is a sampling of uses for

Mezzanine/Bridge Loans:

	Purchase of real estate
	Purchase of real estate
	Vacancy/Rehabilitation of a particular building or property
	Property in transition
	Sale/Leaseback arrangements
	Partner/Lease buyouts
	Discounted mortgage buy-backs

Mezzanine Loans

Mezzanine loans are similar to second mortgages. A mezzanine loan’s security lies in the stock of the company that owns the property, rather than in the value of the real estate. Mezzanine loans are the short-term loan solution for your financing needs, and Blackstone can help negotiate the best terms.

Bridge Loans

Similar to a Mezzanine loan, a bridge loan is a high-leverage, short-term commercial loan that is used to 'bridge' the gap between the need for immediate cash and future financing at a lower interest rate. They are typically backed by hard money - real-estate owned by the borrower, as a kind of second lien. A bridge loan's terms can range from several months to 2-3 years. Blackstone maintains several relationships with lenders, REITS, and funds that can provide a solution today.