Mezzanine Loans in Texas
Browse 8 lenders offering mezzanine loans in Texas. Compare rates, requirements, and loan programs — then connect directly.
Mezzanine Lenders in Texas
8 lenders offering mezzanine loans to borrowers in Texas.
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 Texas
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 Texas, 8 lenders currently offer Mezzanine financing with loan amounts from $1M to $100M and rates typically ranging from 10% - 18%.
Texas Market Overview
Texas has the second-largest state economy in the U.S., with major metros including Houston, Dallas-Fort Worth, Austin, and San Antonio each offering distinct economic drivers. The state's lack of income tax and business-friendly environment have attracted massive corporate relocations.
Texas has no state income tax but relies heavily on property taxes, and commercial property tax rates are among the highest in the nation at 2% to 3% of assessed value, making aggressive tax appeals and Chapter 313 value limitations important strategies for CRE investors. The state's non-judicial foreclosure process can be completed in as little as 27 days, providing exceptionally strong lender protections. Texas does not recognize statutory redemption rights after foreclosure sale, which combined with the fast process timeline gives commercial lenders one of the most favorable foreclosure environments in the country.
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 Texas
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