CRE Insider Blog
Welcome to the Commercial Real Estate Insider, insights from First American's real estate experts.

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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