Fund Overview
Photo Galleries
Portfolio Overview
Portfolio Characteristics
▪ Target lower-middle-market (LMM) CRE sponsors.
▪ Investments are senior secured, floating rate loans with rate floors; S-T duration.
▪ Target investments size between $5 - $20M. Average historic investment $9M.
▪ Target diversified exposures to sponsors, asset types and geographic locations.
Investment Attributes & Return Profile
▪ Target soon-to-be-stable, cash flowing CRE properties
▪ Focus on covenanted structures (Operations / Maintenance)
▪ Focus on low LTV to reduce LP Investment Risk
▪ Focus on significant sponsor equity contribution- provide critical 1st loss buffer