“… this may well be the best textbook ever written concerning the subject …” Mark Munizzo, Principal, The Equity Network | Adjunct Professor, Roosevelt University Chicago ... read more →
Linneman Letter subscribers and a select few others were invited to join this quarterly global capital markets webcast series on November 29th sponsored by Linneman Associates and Valuate software. A sample... read more →
Real estate entrepreneurs with limited or no personal investment capital are often interested in doing deals using "sweat equity". We discuss this equity partnership tactic below. What is sweat equity? First off, let's define... read more →
Using senior debt for a real estate transaction is almost always a no-brainer. The question becomes: for how much loan will the property qualify? We discuss this below. Senior... read more →
Let's say you are modeling an acquisition transaction and want to quickly compare how two debt financing alternatives impact cash flows: a senior amortizing loan only a senior amortizing loan... read more →
In some real estate acquisition transactions, the buyer has the legal option -- or is obligated -- to keep the in-place senior mortgage loan on the property. This is known as... read more →
If you've ever asked the question "Where can I find current pricing quotes on equity and debt placements?", we have the answer for you: the Cushman & Wakefield Capital Markets... read more →
CMBS, or commercial/collateralized mortgage-backed securities, is a whole world unto itself in real estate finance that revolves around the bundling and packaging of pools of real estate loans that are... read more →
Mezzanine financing is a sometimes confusing part of the capital structure in a real estate transaction. Part of the reason for this is that the term mezzanine is really a... read more →
Thinking about adding mezzanine debt to your capital stack? Some considerations are listed below: Will the senior lender allow it? How high does putting mezzanine debt in place bring your... read more →