Mezzanine Loans in Indianapolis, IN
Find lenders offering mezzanine loans in the Indianapolis, including Carmel, Fishers, Noblesville, and surrounding areas. Compare rates, terms, and programs from 8 lenders.
Which Mezzanine lenders serve Indianapolis?
8 lenders offering mezzanine loans in the Indianapolis, IN area.
Acore Capital
New York, NY
Commercial real estate finance company providing bridge, mezzanine, and preferred equity. $20B+ in originations. Institutional-quality deals.
CBRE Capital Markets
Dallas, TX
Global CRE services and capital markets. Arranges debt and equity for all commercial property types.
Goldman Sachs
New York, NY
Major CMBS conduit originator. Large-scale commercial mortgage financing and mezzanine debt.
Greystone
New York, NY
Full-service commercial real estate lending platform. Agency, bridge, mezzanine, and permanent financing. Top Freddie Mac and FHA lender.
JLL Capital Markets
Chicago, IL
Global commercial real estate services firm. Debt placement, equity advisory, and investment sales across all property types.
LoanCore Capital
Hartford, CT
Transitional commercial real estate lender. Bridge and mezzanine debt for value-add and repositioning strategies.
Morgan Stanley
New York, NY
Top CMBS originator. Large commercial real estate lending and securitization.
Walker & Dunlop
Bethesda, MD
Major commercial real estate finance company. Multifamily specialist. Agency, bridge, and mezzanine lending.
What does the Indianapolis commercial real estate market look like?
Indianapolis has positioned itself as a premier Midwest logistics and life sciences hub, with its central location at the crossroads of I-65, I-69, I-70, and I-74 supporting one of the nation's most active industrial markets. The downtown Mile Square and Mass Ave corridor have attracted tech and professional services tenants, while the 16 Tech Innovation District — a 60-acre biotech and tech campus near the IUPUI campus — represents the city's most ambitious urban redevelopment initiative. The north suburban corridor through Carmel, Fishers, and Noblesville has seen strong corporate campus and mixed-use development, with Salesforce, Eli Lilly, and Roche Diagnostics maintaining major presences. The city's convention and sports tourism infrastructure, anchored by the Indiana Convention Center and Lucas Oil Stadium, drives hospitality CRE demand.
Key Economic Drivers
- ●Eli Lilly headquarters and life sciences research corridor through IUPUI and 16 Tech
- ●I-70 and I-65 interchange logistics and e-commerce fulfillment warehouse demand
- ●Salesforce and tech sector growth in downtown and Fishers
- ●North suburban corporate campus development in Carmel and Noblesville
Market Insight
Indiana's constitutional property tax cap limits commercial property taxes to 3% of assessed value, providing CRE investors with a hard ceiling on tax liability — combined with construction costs roughly 20% below the national average, this makes Indianapolis one of the most cost-competitive major industrial markets in the country.
How do mezzanine loans work in Indianapolis, Indiana?
Mezzanine loans are subordinate real estate loans secured by a pledge of the borrower's ownership interests rather than a mortgage lien on the property itself. Borrowers use them when the senior lender's proceeds stop short and they want to reduce the common equity check. In the Indianapolis metro area, borrowers can access 8 lenders offering Mezzanine financing, including Carmel, Fishers, Noblesville, and surrounding areas. Loan amounts typically range from $1M to $100M with rates from 6.75% - 11.97%.
Who should consider mezzanine loans?
- Large acquisitions with a capital gap
- Recapitalizations
- Senior-loan executions that stop short on proceeds
- Experienced sponsors managing intercreditor terms
What are the key requirements?
- Usually at least a $1M capital need
- Strong sponsor track record and exit plan
- Senior lender consent plus an intercreditor agreement
- Debt service and leverage that still work for the full stack
Advantages
- ✓Can reduce the common equity check
- ✓Usually no direct property lien
- ✓Often structured interest-only
- ✓Can add proceeds above a senior mortgage
Considerations
- •Usually the priciest layer in the stack
- •Senior lender approval is typically required
- •Intercreditor terms can limit remedies
- •Often not a fit for small-balance deals
Mezzanine Loans in Indianapolis FAQ
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Where else can I find mezzanine loans in Indiana?
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