Loan features           Mezzanine    Type of Property            Any commercial property                                                                                             Loan Size                       $1MM to $50MM                                 Collateral                         Second Mortgage or secured by equity Loan to Value                  Up to 90%        Pricing                               Starting at 13% Funding Fees                  2% to 4% Closing time                    Three to five weeks Terms                               2 to 5 years Borrower                         Special purpose entities controlled                                       by experience owners and operators                                       of commercial properties