Mesa West Capital


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Phone: 310.806.6300

Address: 11755 Wilshire Boulevard, Suite 2100 Los Angeles, CA 90025

Website: http://mesawestcapital.com

Email: info@mesawestcapital.com

States They Lend In: California, New York, Illinois

 

A family of funds providing borrowers short-to-medium term balance sheet capital for property acquisitions and recapitalizations of existing assets. Loans up to 75% LTV/LTC for core to value-add transitional assets with the ability to structure for vacancy and lease-up. Hands-on, flat and flexible credit committee tailoring transactions to meet the needs of complex business plans.

 

Mesa West Lending Parameters

Loan Size $20-$250 million
Loan Type: First Mortgage and Mezzanine
Product Types: Office, industrial, multi-family, retail, flagged hospitality
Geography United States
Loan Term: 2 to 10+ years
Loan to Value / Loan to Cost: Up to 75% LTV/LTC
DSCR Requirements: Existing DSCR’s below 1.0x are acceptable
Interest Rates / Coupons: 3.00% – 5.00% (first mortgage); 6.00%-11.00% (mezzanine)
Loan Fees: Typically 1.00% of the loan amount
Prepayment Flexibility: Flexible and structured for each deal
Recourse: Non-recourse financing
Amortization: Interest Only

 

 

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