Max Friedman, SVP at Dekel Capital, was quoted in PrivcapRE’s article Mezz Debt’s Steady Advance in Risk by Christopher O’Dea on March 2, 2015.
Read the full quote below:
“More players are entering the mezz space, resulting in increased
competition to win deals,” says Max Friedman, senior vice president at
Dekel Capital, a Los Angeles–based merchant bank focused on
commercial private equity real estate and complex financing structures.
“GPs are expanding their lending to include projects that involve
construction or a heavy value-add component, while lenders and investors
are also going below traditional thresholds with respect to investment
Full article can be found at: www.privcapre.com/article/mezzanine-debt-risk/