MEZZANINE FINANCE FOR PROPERTY DEVELOPMENT AND INVESTMENT

Examine the potential use of mezzanine finance in property development and investment. In your answer, you should canvass the following matters:
1. The advantages and disadvantages of mezzanine finance
2. Theattractionofmezzaninefinanc

einlow-interestandhighrate
environments
3. The taxation benefits (if any) available to investors and developers
4. The differences between mezzanine finance and the other forms of
subordinated debt and quasi-equity capital.