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  • #747

    kaicui@hotmail.com
    Participant

    Hi Spencer & Michael,

    I am working on an office development project using the All-in-One model.

    The way we underwrite the deal is that there will be a Mezz piece in addition to the senior loan for the development financing. I know you have mezz/junior loan in the perm loan tab but I am wondering if there is any Mezz piece for the short-term development loan? Thank you!

    Cooper

  • #757
    mm
    Spencer Burton
    Keymaster

    Hey Cooper,

    Unfortunately there is not a way to model mezz during development in the current version of the Ai1. Believe it or not adding a third tranche to the capital stack during development is a pretty heavy lift. It’s much simpler during operation.

    I’ll add this to our feature request list though and so what I can’t do at some point.

    Best,

    Spencer

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