Sentences with phrase «second lien bridge»

Not exact matches

I mistakenly said the bonds would likely be unsecured; given that the committed bridge loan is going to be second - lien secured, I'd expect the bonds to be second - lien secured bonds as well.

The investor obtains a gap loan, in a second lien position behind the bridge loan, and uses the funds from the gap loan to repair the property.

We represent financial institutions and their corporate clients in acquisition finance across a variety of industry sectors, including senior, mezzanine, first - and second - lien, bridge, leveraged buy - out, and private equity financings; high - yield debt issuances; and securitizations and sale - leaseback transactions.

If, however, there is no buyer for the property you have up for sale, most lenders will place a lien on the property, thereby making that bridge loan a kind of second mortgage.