I am curious to know. I hear its possible to get 99% financing with a mix of senior and junior debt. So lets say a senior lender provides 80% of the value at 6% and Mezz guy provides 19% of the value at say 11%. The equity holder would still stand to return a very nice. Do I have this right or is there more to this? I have been reading up Mezz and its pretty interesting. Any of you guys here of this scenario happening?
Points)on 1/7/13 at 10:28pm