Buying an office building in central Moscow: senior and mezzanine from two lenders
How we put together acquisition financing with senior debt and a mezzanine loan from two different lenders.
Carte Capital · 3 min read
The task
The buyer of a business centre in central Moscow did not have enough equity to close on a bank loan alone.
The structure
The financing was split into two layers, senior debt and a mezzanine loan, each from a different lender. This reduced the buyer’s equity requirement.
The result
The acquisition was financed by two lenders. We used a similar structure in 2021 for the Novosushchevsky business centre (35,000 m²).