3650 REIT, Basis Investment Group and Torchlight Investors lead the most active mezzanine lenders for November 2022
(2023 projected origination volume and preferences) 3650 REITVolume: $500MWill fund $500M total this year; $15M+ loans for all primary asset classes; existing asset recaps, limited development, SASB B-pieces, value-add multifamily portfolios; fixed- and floating-rate options; partial accrual options; up to 85% leverage; two- to five-year terms; typically non-recourse; domestic markets Basis Investment GroupVolume: $500MWill More











