Trending Content - Real Estate Forum
Career Resources
WSO Free Modeling Series - Now Open Through
October 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Wells Fargo has a group called real estate merchant banking "REMB" that does this type of opportunistic debt/equity investments.
Thanks. Any thoughts on their reputation?
what is the size of the deal? Also, WFC REMB is pretty active.
In the CMBS conduit world the big banks originate most of the debt stack. They leave the senior loans (and b-piece or pari passu) in the deal(s) and sell off the mezz to smaller investors. Sometimes they'll hold it. Usually pari passu and b-piece debt is packaged in subsequent deals.
To answer your question, I see all of the big banks do this (JPM, WF, GS, BoA, etc.), they just originate it and sell it off more often than not. There are also plethora of smaller mezz lenders (30+?) who originate for CMBS deals.
Unfortunately, I can't give any color on which areas of the shops do what. PM if you have any more specific questions, I can try to help.
I've noticed mezz & preferred equity have both come back strong in the past three quarters.
Commodi voluptatum eligendi sint aspernatur sequi ab rerum. Ut aliquid voluptatum ad velit. Repellendus id dolore minima dignissimos sed. Doloribus ipsam ab et fugiat doloremque deleniti sed. Totam laudantium voluptas dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...