CRE Insider Blog
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Mezzanine Loan Held Not to Clog Equity of Redemption

By Mike Berey on September 5, 2018
A loan for real estate projects in Kansas City and Cincinnati was secured by a mortgage on the land being developed and by the pledge of the membership interests in the borrower. The lenders commenced a UCC foreclosure sale of the membership interests.
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Topics: equity of redemption mezzanine loan

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