Mezzanine Loans in Tacoma, WA
Find lenders offering mezzanine loans in the Tacoma, including Lakewood, Puyallup, Federal Way, and surrounding areas. Compare rates, terms, and programs from 8 lenders.
Mezzanine Lenders Serving Tacoma
8 lenders offering mezzanine loans in the Tacoma, WA 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.
Tacoma Commercial Real Estate Market
Tacoma has positioned itself as a more affordable alternative to Seattle, attracting tenants and investors priced out of King County with significantly lower office rents and industrial lease rates along the Port of Tacoma and Fife corridor. The downtown core has undergone a cultural revitalization anchored by the Museum District, the University of Washington Tacoma campus, and adaptive reuse of historic warehouse buildings into creative office and residential lofts. The Port of Tacoma, part of The Northwest Seaport Alliance with the Port of Seattle, is a major container gateway that supports substantial industrial and logistics CRE demand in Fife, Lakewood, and the I-5 corridor south. Joint Base Lewis-McChord (JBLM) in Lakewood is one of the largest military installations in the western U.S. and generates consistent demand for retail, multifamily, and service-oriented commercial space.
Key Economic Drivers
- ●Port of Tacoma and The Northwest Seaport Alliance container operations
- ●Joint Base Lewis-McChord military installation with 40,000+ military and civilian personnel
- ●University of Washington Tacoma and Pacific Lutheran University anchoring downtown redevelopment
- ●I-5 corridor industrial and logistics growth between Seattle and Olympia
Market Insight
Tacoma's downtown vacancy rate has tightened significantly as tenants migrated south from Seattle seeking lower rents, with historic warehouse conversions in the Brewery District and UW Tacoma corridor commanding lease rates still 30-40% below comparable Seattle spaces.
Mezzanine Loans in Tacoma, Washington
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 the Tacoma metro area, borrowers can access 8 lenders offering Mezzanine financing, including Lakewood, Puyallup, Federal Way, and surrounding areas. Loan amounts typically range from $1M to $100M with rates from 10% - 18%.
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
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
Find Mezzanine Lenders in Tacoma
Get matched with lenders offering mezzanine loans in the Tacoma, WA area. Free for borrowers.
Get Matched — Free →