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Whether it's a new acquisition, or a major repositioning, MM4L has the ability to secure financing for retail real estate. Repositioning and re-tenanting is critical to the success of any retail center. From the purchase and revitalization of strip centers and regional malls to power malls and lifestyle centers, MM4L has cultivated strong relationships with a broad range of lenders who understand the nuances and needs of the retail real estate industry.

Both Anchored and non-Anchored retail properties qualify for financing. Anchored properties with long-term (15 to 20 year) commitments from regional or national credit tenants will attract interest from both construction lending and equity sources. Single Tenant retail projects with long-term leases also qualify for both senior debt mezzanine (gap) equity.

MM4L can provide the following loans:

• Permanent Loans: Fixed rate, non-recourse loans with maturities of between three & twenty years are available for both anchored and non-anchored stabilized properties. Both fully amortized and balloon loans are available. Maximum loan to value of 85%.

• Forward Commitments: Fixed rate permanent financing can be secured for 40% or greater pre-leased anchored retail projects, which are six to eighteen months from completion or stabilization. This structure can be used to attract or improve construction financing.

• Bridge Loans: This financing structure accommodates existing properties undergoing tenant transition or which have upside potential. The bridge loan structure can provide the capital required for property stabilization at floating rate pricing, which allows the loan to be refinanced at par (no penalty).

• Construction Loans: Anchored or single tenant retail projects with long term lease agreements can qualify for 70% to 95% of cost construction financing. In some cases a combination construction/permanent loan will be offered, saving the cost of closing two loans and taking the guesswork out of the permanent loan terms.

• Development Mezzanine Financing: Re-developments and proposed anchored retail projects qualify for financing above the senior loan position. Mezzanine financing provides additional leverage above the first mortgage position to complete the capital structure for qualified anchored projects. Mezzanine Financing increases available financing for construction / redevelopment up to 95% of the total project cost.

• Permanent Mezzanine: This form of mezzanine provides liquidity for equity contained in stabilized anchored retail properties. Loan proceeds, above the first mortgage up to 95% of value, are provided on a fully amortized basis. This product allows the borrower to tap into a property's value, without the tax implications of a sale.

Click on the links below to get a better idea of all Property Types we can finance.

• Multi-Family/Apartment Buildings
• Mixed-Use Properties
• Office Buildings
• Co-op Mortgages
• Retail Property Financing
• Warehouse / Industrial
• Hotel / Hospitality
• Self Storage
• Commercial Co-ops and Condos
• Congregate Care Facilities
• Specialty Properties(including Golf Courses)

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