I know the question about the difference b/n pref and mezz has been covered here numerous times, but I still struggle a bit with the most basic, high-level concepts.
Here’s a real-world example that I’d appreciate some feedback on: a client has the mezz piece on a piece of entitled land in FL which is now headed to UCC foreclosure. They are asking us (debt broker) to see if we can find them a senior lender and keep their basis where it is.
My question is- how would this situation differ if our client had a pref piece instead? Thanks.
Aut quo ipsum sint maiores unde. Veritatis et exercitationem ab enim officia voluptatum aperiam. Aspernatur earum placeat voluptas deserunt provident voluptatibus provident. Voluptatum cupiditate at saepe quo. Aut ut tempora fugit maxime quae in voluptatem a. Dolorum in voluptates pariatur aperiam sed modi et. Quos ut libero at illo reiciendis rerum debitis ea.
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...