ATLANTA—It wasn’t that long ago when folks weren’t sure how long it would take the capital markets to recover from the real estate meltdown. In recent years we’ve seen new players come to the table with cash on hand to loan.

The latest effort comes from Franklin Street Capital Advisors (FSCA). The firm just launched what it’s calling a proprietary small-balance mezzanine loan program. FSCA will offer direct mezzanine loans and claims a specialty in placing first mortgage debt and equity solutions.

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