Mezzanine Loans in Rhode Island
Browse 8 lenders offering mezzanine loans in Rhode Island. Compare rates, requirements, and loan programs — then connect directly.
Mezzanine Lenders in Rhode Island
8 lenders offering mezzanine loans to borrowers in Rhode Island.
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.
About Mezzanine Loans in Rhode Island
Mezzanine financing sits between senior debt and equity in the capital stack. It allows borrowers to increase leverage beyond what a first mortgage provides, reducing the equity needed for a deal. Secured by a pledge of the borrower's ownership interest rather than a lien on the property. In Rhode Island, 8 lenders currently offer Mezzanine financing with loan amounts from $1M to $100M and rates typically ranging from 10% - 18%.
Rhode Island Market Overview
Rhode Island's compact geography and position between Boston and New York create a niche CRE market. The state has invested in revitalizing Providence and leveraging its naval heritage in Newport for defense-related commercial activity.
Rhode Island's Rebuild Rhode Island Tax Credit program offers up to 30% of development costs as a transferable tax credit for qualifying commercial projects, making it one of the more generous state development incentive programs. The state's historic preservation tax credits, combined with federal credits, can cover up to 45% of qualified rehabilitation costs, which has driven significant adaptive reuse of mills and historic commercial buildings. Rhode Island's small geographic footprint means that commercial property markets can shift quickly with even modest changes in demand, requiring close attention to local absorption trends.
Who Should Consider Mezzanine Loans?
- Reducing equity requirement
- Large acquisitions
- Development projects
- Recapitalizations
Key Requirements
- Strong sponsor track record
- Viable business plan
- Senior lender approval for subordinate debt
- Adequate debt service coverage for total debt
Pros and Cons
Advantages
- ✓Reduce equity needed
- ✓No lien on property (pledge of ownership)
- ✓Flexible structures
- ✓Can be interest-only
Considerations
- •High interest rates
- •Subordinate position = higher risk
- •Requires senior lender approval
- •Complex documentation
Mezzanine Loans FAQ
How does mezzanine differ from a second mortgage? ▼
Mezzanine Loans by City in Rhode Island
Find Mezzanine Lenders in Rhode Island
Get matched with lenders offering mezzanine loans in RI. Free for borrowers.
Get Matched — Free →