Senior Debt Financing is a form of Debt that takes priority over other unsecured or more “junior” debt
owed by a Real Estate Developer. Senior Debt is therefore the first level of Developer’s liabilities which means it must be repaid first ahead of all creditors. Senior Debt is secured by a real estate developer for a set interest rate and time period. The real estate developer provides regular principal and interest repayments to lenders based on preset schedules. Senior debt is the developer first level of liability, and which must be secured by a lien against some type of collateral.