Mezzanine Finance and Preferred Equity for Land and Construction Deals: Borrower and Lender Perspectives

An industry review by Turner & Townsend found that 83 percent of the projects surveyed had experienced pauses or temporary site closures due to COVID-19, and 72 percent reported decreased productivity compared with pre- pandemic levels.

Robert M. Siegel moderates a panel at the IMN Real Estate Private Equity Forum on Land, Homebuilding, and Condo Development. Discussion topics include the differences between mezzanine debt and preferred equity and the characteristics that make a project a good fit for structured capital.

Depending on the type of investment, income from private equity funds to foreign investors will be treated differently for tax purposes. In some cases, hefty withholding requirements can come into play, shaving off a significant chunk from return-on-investment.It is therefore important to understand...