Mesirow, a financial services firm based in Chicago, has announced the launch of its Single-Asset Single-Borrower (SASB) platform. This platform is designed to meet the changing needs of sponsors in today’s challenging debt capital markets by providing access to CMBS markets and offering customized solutions typically only available to larger issuers. The SASB platform caters specifically to transactions starting at $50 million.
According to Nat Sager, President and Head of Strategy at Mesirow Capital Markets, smaller issuers have historically had limited access to customized financing through the SASB market. However, Mesirow’s new platform aims to change this by extending SASB execution options for smaller transaction sizes while still maintaining high levels of customization and efficiency.
In 2024 alone, Mesirow has already completed two notable transactions on their new platform: $115 million in financing for Legends Outlets – a prominent retail destination – and $45 million for Reunion Resort – a golf and country club.
This expansion into structured debt capabilities further solidifies Mesirow as an industry leader with their innovative approach towards meeting clients’ unique financial needs.
