INVESTMENT PRODUCTS
SENIOR MORTGAGE LOANS
Verde originates first mortgage loans on real estate which is not yet stabilized. We make Fixed & LIBOR-based floating-rate loans, with maturities of 5 years or less. Our loans are typically $50 million or less. Many of our loans have reserves for interest, construction, operating deficits, tenant improvements and leasing commissions. Our loans include construction loans, loans on empty buildings, lease-up and stabilization assistance loans, loans on properties in a turnaround situation, and discounted payoff and discounted note acquisition loans. We also purchase sub-performing and non-performing loans.
MEZZANINE FINANCING
Verde makes stand-alone mezzanine loans, secured by second liens on real estate and by partnership and limited liability company interests. Verde also makes mezzanine loans embedded in senior loans originated by the company. This permits Verde to offer “one-stop shopping” for its customers seeking higher leverage.
EQUITY FINANCING
Verde provides joint venture equity capital to qualified real estate investors and sponsors. Our typical joint venture structure provides for 80-95% of required equity. Once a preferred return is paid, profits are split with the real estate sponsor on an agreed-upon basis. Our joint ventures also pay market fees to sponsors for development and leasing.
