Mezz Debt
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mgolenzer@viclen.com

Lenders this year have issued a record number of foreclosure notices for high-risk property loans. Commonly known as mezzanine loans, these loans have high interest rates and offer a faster and easier path to foreclose than mortgages. The current number of these high-risk loans is the highest total ever for a single year, as higher interest rates and rising vacancies punish the property sector.