How Debt Funds View The Market

Day Pitney Real Estate Partner Daniel Diaz Leyva was featured in GlobeSt.com article "How Debt Funds View The Market." Diaz Leyva, chair of the firm's Florida Real Estate practice, commented, "Debt funds may take a preferred equity position in asset ownership with a preferred return and prioritize repayment of their investment to other investors. The debt fund could also provide a bridge loan to pay off the maturing debt for a period, allowing for interest rates to presumably come down, at which point ownership would then refinance the asset with a traditional commercial loan and pay off the bridge loan."

Read the full article here.