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Meet the New Normal in Commercial Real Estate Investment

In 2022, the real estate and real estate capital markets suffered their third major disruption in just 15 years. The real estate market has benefited from crisis management, responded to by the Federal Reserve. Mezzanine loans and preferred equity have been the go-to subordinate financing for owners in need of additional funds to restructure and/or recapitalize their projects with an eye to obtaining more workable terms from banks on senior loans. 

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