Convertible Debt Credit
Privately Held Bakery Debt Fund
Kentwood, Michigan
Syndication Active
Special Situations & Operating Companies Convertible debt investment
Mezzanine Debt Credit
Affordable Housing Mezzanine Financing Fund
- Asset type
- Credit
- Transaction
- Mezzanine debt investment
- Category
- Mezzanine Debt
- Structure
- Syndication
- Status
- Active
Project overview
Project overview: Affordable Housing Mezzanine Financing Fund
Mezzanine debt sponsored by Carbon River Capital and provided to an affordable housing fund. The borrower is not named.
The Affordable Housing Mezzanine Financing Fund is a mezzanine debt investment sponsored by Carbon River Capital. The debt is provided to a fund that invests in affordable housing. The investment is structured as a syndication.
The position
Mezzanine debt sits between the senior loan and the owners' equity in a capital structure. It is repaid after the senior lender and ahead of the equity holders. That makes this a credit investment, not a direct holding of property.
What it finances
The borrower is a fund that invests in affordable housing. We do not name borrowers. We hold the position in our mezzanine debt category.
Opportunity takes many forms.
We welcome inquiries from property owners, business owners, brokers, lenders, investment professionals and others interested in learning more about Carbon River Capital.
Whether you are considering the sale of a property, exploring a sale-leaseback or recapitalization, or presenting an investment opportunity, contact our team.