Winning the Lower & Middle Market: Pref Equity and Mezz Debt with Apparent Base

In this episode of Real Talk, we talk with Dan Joseph and EliMoghavem from Apparent Base.

We discuss:

• The complementary roles of infrastructure, experience,and capital in building a scalable private credit platform
• Why new acquisition capital beats recap risk intoday’s market
• How bespoke pref equity and mezz structuressolve real borrower problems
• Why regulatory risk is more concerning thanoversupply in underwriting decisions

Learn more about Dan:

View Dan’s bio on Apparent’s website: https://www.apparentcapital.com/our-people/

Connect with Dan on LinkedIn: https://www.linkedin.com/in/dan-joseph-corridor/

Learn more about Eli:

View Eli’s bio on Apparent’s website: https://www.apparentcapital.com/our-people/

Connect with Eli on LinkedIn: https://www.linkedin.com/in/elimoghavem/

*******************************************

In each episode of Real Talk: Real Estate Discussions, AndrewKirsh interviews industry leaders to learn their real-time opinions on today'smarket, their background and unique career highlights, and guidance fornewcomers to the industry.

Don't miss an episode of Real Talk:

• Listen on Apple Podcasts: https://apple.co/3GT1hoM

• Listen on Spotify: https://spoti.fi/3OQrd6j

• Listen on Anchor: https://podcasters.spotify.com/pod/sh...

• Listen on Listen Notes: https://lnns.co/7ICHmPQyXnU

Andrew Kirsh is a founding partner of Sklar Kirsh LLP and isthe Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutiquelaw firm providing services in corporate law, real estate, entertainment,bankruptcy, and litigation.

• Connect with Andrew on LinkedIn: https://www.linkedin.com/in/andrewkirsh/

• Connect with Andrew on Twitter: https://x.com/atkirsh

• Visit Andrew's business website: https://www.sklarkirsh.com/profession...

• Follow Sklar Kirsh LLP on LinkedIn: https://www.linkedin.com/company/sklar-kirsh-llp

• Follow Sklar Kirsh LLP on Instagram: https://www.instagram.com/sklarkirsh/?hl=en

Real Talk is produced and edited by Ashley Thays.