MEZZANINE PROGRAM SUMMARY 

MTY Capital, Inc. provides custom-tailored financial solutions through mezzanine financing to the US commercial real estate industry. Financing is available for acquisitions and refinances needs.

TARGET MARKETS:

Primary and secondary U.S. markets

PROPERTY TYPES:

Multi-tenant office, retail, industrial, multi-family (no development or land),           student housing and flagged hospitality (in select markets), self-storage,              assisted living and manufactured housing

LOAN TYPE:

Fixed or Floating (LIBOR based)

LOAN TO VALUE / LOAN TO COST:

Up to 85%

INTEREST RATE:

7 – 12% (based on risk, structure and transaction profile)

PREPAYMENT:

Yield Maintenance, open at par 90 days prior to maturity

LOAN SIZES:

$3,000,000 – $100,000,000

ORIGINATION FEE:

2% of loan amount

RECOURSE:

Typically non-recourse, with standard carve outs

LOAN TERM:

2 to 10 years (co-terminus with senior loan)

AMORTIZATION:

Interest Only

COLLATERAL:

Pledge of 100% of the ownership of the Borrower; Inter-creditor agreement with first lien holder

TURN AROUND TIME:

Preliminary terms within 48 hours of submittal of information. An application can be issued within 7 days of approval of preliminary terms.