To Lend or Not To Lend?
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Can Preferential Equity or Gap Financing Help Refinance?
Borrowers nearing a maturity of a loan that was able to get X proceeds in sort of the past environment only be able to get Y proceeds today. What once was considered, everyone getting cash out refinancing is actually a cash in refinancing. So one opportunity we're seeing is the opportunity to provide preferred equity or gap financing to help solve that problem.
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