Commercial Mezzanine and Preferred Equity

Polara Capital’s flexible Mezzanine and Preferred Equity program is secondary debt or equity instruments that allow borrowers to increase the loan-to-cost above bank financing up to 100% loan-to-cost.

New regulations, particularly High Volatility Commercial Real Estate (HVCRE), limit banks loan-to-cost on acquisition, development, construction, and rehabilitation loans. This program mitigates this issue.

• Loan amounts from $500,000 to $3,000,000
• Up to 100% of cost
• Non-recourse possible
• 12-35 month term
• Multi-family, mixed-use, retail, office, industrial, self-storage, and single tenant
• Clear exit strategy
• Most US locations considered

Excellent loan for:

• Ground up construction
• Non-stabilized properties
• Rehabilitation

Our experienced loan team can review your project in just a few days. Closings are fast with our streamlined underwriting, approval, and closing process.