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Mesirow Expands Structured Debt Capabilities, Launches SASB Platform
Chicago-based Mesirow, an independent financial services firm, announced the launch of its Single-Asset Single-Borrower (SASB) platform.
Mesirow’s SASB financing platform is designed to address the evolving needs of sponsors in today’s challenging debt capital markets environment by providing access to the highly liquid and efficient CMBS markets, while also delivering customized solutions traditionally reserved for larger issuers. Mesirow’s SASB platform caters to transactions starting at $50 million.
“Historically, the SASB market’s ability to provide customized financing has been limited to larger issuers,” said Nat Sager, President and Head of Strategy of Mesirow Capital Markets. “Mesirow’s platform redefines this dynamic by extending SASB execution to smaller transaction sizes while maintaining the exceptional level of customization and efficiency sponsors have come to expect.”
Mesirow’s completed two notable transactions on the platform in 2024, including $115 million in financing for Legends Outlets, a high-profile retail destination and $45 million in financing for Reunion Resort, a golf and country club.
