Mezz vs. Preferred Equity: Where Should You Invest In The Capital Stack & Why?
The 20th Annual U.S. Real Estate Opportunity & Private Fund Investing Forum (Newport, RI)
Steven Coury, Partner in the Real Estate and Finance Groups, participates in a panel discussion about strategy for real estate investors. Topics covered include:
- Risk/return targets and comparisons
- Advantages and disadvantages of owning vs. lending
- Loan to own strategies
- Target leverage
- Terms and conditions: What's negotiable? What's not?
- Different investors, different preferences
- Considering property type
- Intercreditor and mezz debt agreement: Latest clauses