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Subordinate but not secondary

By: Language: English Series: Estates Gazette ; (0840) 11 October 2008, 171(1)Publication details: 2008Subject(s): Summary: Explains how mezzanine or second lender funding can be a valuable asset to real estate developers in an uncertain property market where the loan market is in flux. Examines what a mezzanine lender will have to consider when taking a second legal charge, including the lenders' concerns and the lenders' requirements.

Explains how mezzanine or second lender funding can be a valuable asset to real estate developers in an uncertain property market where the loan market is in flux. Examines what a mezzanine lender will have to consider when taking a second legal charge, including the lenders' concerns and the lenders' requirements.