Subordinated loan tranche between senior debt and equity.

Subordinated loan tranche between senior debt and equity.
Secured by pledges of equity interests rather than direct mortgage liens.

Mezzanine debt

Finance · Global

Short definition

Subordinated loan tranche between senior debt and equity.

Full definition

Secured by pledges of equity interests rather than direct mortgage liens. Typical 8–12% rate; loan-to-value-stack of 70–85%.

Why this matters for Class A leasing

Mezzanine debt is part of the finance vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

Subordinated loan tranche between senior debt and equity.

Subordinated loan tranche between senior debt and equity.
Secured by pledges of equity interests rather than direct mortgage liens.

Mezzanine debt

Finance · Global

Short definition

Subordinated loan tranche between senior debt and equity.

Full definition

Secured by pledges of equity interests rather than direct mortgage liens. Typical 8–12% rate; loan-to-value-stack of 70–85%.

Why this matters for Class A leasing

Mezzanine debt is part of the finance vocabulary that institutional Class A occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.