Mezzanine
Mezzanine Financing
Subordinate capital that bridges the gap between senior debt and equity, often secured by a pledge of ownership interests and structured around the senior lender relationship.
Debt & Equity Advisory
Piccard Financial places capital with banks, debt funds, agencies, insurance companies, credit unions, private equity, family offices, and private lenders on behalf of sponsors, developers, and family offices.
How We Position Deals
We evaluate the asset, sponsor, market, proceeds request, timing, and exit strategy before approaching the capital markets.
Capital Coverage
Capital across the full commercial spectrum.
Established
1984
Capital Providers
1,000+
Execution Types
Debt & Equity
Reach
National
Core Advisory Lines
We tailor each capital strategy to the property, sponsor, business plan, leverage objective, and closing timeline.
i.
For stabilized or near-stabilized properties seeking long-term capital, maturity replacement, cash-out, or rate and term refinancing. We pursue bank, agency, credit union, life insurance company, and CMBS options based on property type and sponsor goals.
ii.
Short-term capital for assets not yet ready for permanent financing. Bridge structures are used for lease-up, repositioning, time-sensitive closings, rescue capital, renovations, and business plans requiring flexibility.
iii.
Ground-up development, land carry, shovel-ready projects, ED1 and affordable housing executions, soft-cost capitalization, and takeout planning. We align loan structure with budget, timeline, contingencies, sponsor strength, and exit path.
iv.
Fast private capital for time-sensitive transactions where conventional lenders cannot meet the timeline, leverage request, or business plan. Used for acquisition, cash-out, maturity defense, land, rescue capital, and special-situation executions.
v.
Preferred equity, joint venture equity, co-GP capital, mezzanine, and recapitalization solutions designed to fill gaps in the capital stack while protecting sponsor economics where possible.
Structured Finance Tools
Mezzanine
Subordinate capital that bridges the gap between senior debt and equity, often secured by a pledge of ownership interests and structured around the senior lender relationship.
Additional Leverage
A second-lien or loan-on-loan structure used when existing financing remains in place but the sponsor requires additional capital for acquisition, repositioning, or recapitalization.
Tranching
A loan split into senior and subordinate notes, with distinct repayment priority, risk profile, and pricing, allowing the capital stack to accommodate different investor return requirements.
Efficiency Capital
Property Assessed Clean Energy financing for qualifying energy efficiency, renewable energy, water conservation, and resilience improvements, repaid through a property assessment.
Sponsor Alignment
Capital solutions that help sponsors fund required contributions, bring in strategic operating partners, and align expertise, resources, and economics across the venture.
Liquidity
Restructuring the ownership or equity stack to provide liquidity, buy out partners, refresh the capital base, or reposition an asset for the next phase of the business plan.
Asset Types We Finance
Our Process
From initial consultation to closing and beyond, we provide a structured process designed to create competitive tension and move the transaction forward.
An in-depth conversation to understand your goals, project requirements, timing, and financial constraints so our strategy aligns with the business plan from the outset.
We conduct underwriting, market research, and diligence to identify the deal's strengths and risks before presenting it to the capital markets.
We approach the right lenders and equity providers, collect feedback, refine positioning, and develop competitive tension around the opportunity.
We review soft quotes and formal term sheets, negotiate structure and economics, and help determine which capital source is best aligned with the sponsor's objectives.
With terms approved, we manage diligence, documentation, closing conditions, and funding coordination through the wire date.
We remain involved through the life of the loan or investment, monitoring refinance opportunities, market shifts, and future capital needs.
The Piccard Advantage
Attention
Every client benefits from a collaborative team that stays engaged through underwriting, packaging, marketing, negotiation, and closing.
Continuity
End-to-end support from origination through servicing and payoff, with a consistent point of contact at every stage of the transaction.
Relationships
We place capital through institutional, alternative, and private channels, selecting the right source based on size, structure, asset type, and sponsor profile.
Submit a Deal
We will review the opportunity and respond with preliminary capital direction, likely lender audience, and next steps.
Submit a Deal