Creating Construction Equity Note

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Posted by GW on May 09, 2006 at 17:09:09:

I have several interesting construction Projects, where there is a need for some mezzinine equity financing. Is there a way to do this with a note? They would be 2nd position behind Senior debt financing which is 70% LTV. If do-able what terms would be marketable and what sort of discount should I expect?

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