Connaught
Real Estate Finance Program
Connaught
Real Estate Finance's mezzanine loans help residential land
developers and homebuilders bridge up to 80 percent of the gap
between the total project funding requirements and the funds
available from senior lenders. Connaught Real Estate Finance works
with borrowers that have already secured, or are in the process of
securing an acquisition, development and construction loan from a
senior lender.
Our role is to complete the capitalization so it becomes a
three-tiered structure: senior lender funds in a first lien
position, Connaught Real Estate Finance’s mezzanine loan in the
second tier, and borrower equity in the third position. The result
of this financing structure provides sufficient capital to complete
the proposed residential project.
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