What is it?
DirectLenderMatch classifies Preferred Equity for CRE under the financing form “Equity investment.” Its typical use in this directory is: Fill capital-stack gap without conventional junior mortgage.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: Preferred interest in property-owning entity. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Fill capital-stack gap without conventional junior mortgage.
What backs or supports it?
Preferred interest in property-owning entity.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: No. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct CRE capital provider
Arbor Realty Trust
Arbor currently advertises a preferred-equity solution in its 2026 product/news materials.
Official evidence page →Last verified: 2026-08-23
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Unsecured Subordinated Note
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Bank Balance-Sheet CRE Permanent Mortgage
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