One speaks of mezzanine financing when the capital can neither be clearly allocated to debt nor to equity. In our case it is about the fact that only 10% of the financing of the property is done with equity. The 10% of the loan-to-value ratio between the usual 80% borrowed capital and 90% borrowed capital represents an even greater risk from the investors' point of view and is therefore referred to as mezzanine, as it carries more risk than usual.