Mezzanine Loans in Fargo, ND
Find lenders offering mezzanine loans in the Fargo, including Moorhead, West Fargo, and surrounding areas. Compare rates, terms, and programs from 8 lenders.
Which Mezzanine lenders serve Fargo?
8 lenders offering mezzanine loans in the Fargo, ND 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 Fargo commercial real estate market look like?
Fargo-Moorhead is the largest metro area in North Dakota, with a diversified economy that has outperformed the state's oil-dependent western region during energy downturns. The downtown Fargo submarket has seen significant reinvestment along Broadway and the adjacent Innovation District near North Dakota State University, where tech startups and coworking spaces have clustered. The West Fargo corridor along I-94 is the primary growth area for retail and industrial development, benefiting from strong population growth that has made Fargo one of the fastest-growing small metros in the Midwest. Healthcare anchors from Sanford Health and Essentia Health drive consistent medical office demand across the metro.
Key Economic Drivers
- ●North Dakota State University research and technology transfer fueling the downtown Innovation District
- ●Sanford Health's regional headquarters and medical campus generating sustained healthcare-related CRE demand
- ●Microsoft's Fargo campus and a growing base of tech companies including Appareo Systems and Packet Digital
- ●Agricultural services and food processing companies like Cass-Clay Creamery supporting industrial space absorption
Market Insight
North Dakota has no corporate income tax on the first $25,000 of taxable income and offers a Renaissance Zone program in downtown Fargo that provides up to five years of income and property tax exemptions for qualifying commercial investments.
How do mezzanine loans work in Fargo, North Dakota?
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 Fargo metro area, borrowers can access 8 lenders offering Mezzanine financing, including Moorhead, West Fargo, 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 Fargo FAQ
How many Mezzanine lenders serve Fargo, ND? ▼
What are Mezzanine loan rates in Fargo? ▼
What is a mezzanine loan in real estate? ▼
How is mezzanine debt different from preferred equity? ▼
Do senior lenders have to approve mezzanine debt? ▼
How small can a mezzanine loan be? ▼
Find Mezzanine Lenders in Fargo
Get matched with lenders offering mezzanine loans in the Fargo, ND area. Free for borrowers.
Get Matched — Free →