MEZZANINE EQUITY DEALS

DEVELOPMENT & INVESTMENT PROPERTIES

BOUTIQUE MORTGAGE LENDERS ®

MEZZANINE DEAL STRUCTURE OVERVIEW:Capital Partner: Firm Capital Realty Fund LP. (“FC”)

• Mezzanine capital to facilitate the gap between conventional bank financing and developer equity;

• Mezzanine capital allows developer to participate in more projects and to commence projects earlier;

• FC requires returns in the 12-14% range if pre sales and pre leasing are in place;

• If development risk and market risk exist, required returns are greater than 14%;

• FC requires a base return of 7.5% and can accrue the differential;

• FC loan to cost ratio will be up to 90-95% of costs;

• FC to be paid a commitment fee equal to 2 to 3%of the investment;

• Investment time line can be up to 5 years.

TO LEARN MORE, CONTACT LUCAS TODAY:

Lucas WrightManager, Business Development,

Mortgage LendingT: (416) 635-0221 Ext. 310

E: lwright@FirmCapital.comwww. FirmCapital.comWHERE MORTGAGE DEALS GET DONE®

Ontario Mortgage Brokerage, Lenders and Administrators Act License #10164, Administrators License #11442

• Completed $793 MILLION of debt transactions in 2015

• Private equity real estate firm, managing assets of $2 BILLION in mortgage debt investments, real

estate and capital markets