March 2, 2015 “Mezz Debt’s Steady Advance in Risk”

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: