Debtor in possession financing (DIP financing) is a special form of financing granted to companies in financial trouble. Usually these companies are in a Chapter 11 bankruptcy.
The unique feature of a DIP loan is that the bankruptcy court usually grants a super-priority status to the new loan. This means that the new loan gets to jump in front of any mezzanine financing and any senior mortgages in the debt stack.
Our clients include institutions and sophisticated high net worth investors. We continually evaluate our product line and encourage innovation within the firm.
There could easily exist at the bank an unwillingness to throw good money after bad. In addition, many banks are short of lendable funds right now because few of their existing loans are getting paid off at maturity.
McIntyre Investment Properties Inc. can provide unique structured funding solutions for real estate owners and operators who are facing interim balance sheet issues.
If you have any scenarios you’d like to discuss, please do not hesitate to contact us.
We are experienced advisors to private lenders, HNW investors, and smaller-balanced pension funds placing capital into single family residential opportunities with experienced operators / rehabbers. We have an intimate understanding of the asset class and the proven ability to meaningfully place capital into these assets. Now, our experience has grown to primarily include large multifamily and grocery anchored retail assets, plus office product line primarily “smart buildings” and “green buildings”.