Real Estate Private Credit
We seek opportunistic commercial mortgage lending and secondary market purchases of loans that are secured by transitional or niche types of properties. Fundamentally, we do “hard money” real estate lending in situations where we are relatively indifferent to whether a borrower performs as agreed or defaults, which would leave us with the collateral to either sell or refinance. For this to be the case, we take a conservative LTV against highly NOI-generative and/or easily saleable assets. Some of our structures include niche and non-traditional real estate, as well as opportunistic, value-added acquisitions.