What is Senior Debt Financing?
Senior debt is secured debt in the first lien position on a commercial real estate property.
Mandri Capital works with our network of capital sources to secure the most aggressive loan proceeds and lowest interest rates for our clients. Our relationships include Banks, Fannie Mae, Freddie Mac, CMBS Lenders, Life Companies, Credit Unions, Private Finance Companies, and others.
Advantages of Senior Debt:
• Lower interest rate compared to other loan types
• Fixed-rate loan options
• Recourse and Non-Recourse options available
• Flexible pre-payment options
When to Consider Senior Debt:
• Purchase of a property
• Refinance existing property
• Recapitalizing an existing partnership