Commercial Real Estate Debt Fund

Industry

Commercial Real Estate

Company Type

Private Lender

Location

US

Size

$49.5 million

Investment Type

Equity

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Helping Great Companies Grow

Overview

Our client is a private debt platform that will provide B notes on land and bridge loans in primary markets in the US.

  • Sponsor will contribute up to $15 million of the $50 raise
  • Opportunity to invest in nonperforming loans caused by the COVID-19 pandemic
  • Strategic partnership with lending affiliate of major commercial real estate company – will provide leads and initial underwriting from its pipeline of opportunities
  • Individual exposures of $1-10 million with 6-month to 2-year terms
  • Targeting 15+% yields
    • senior lien/mortgage on each property
    • leverage limit of 65% LTV
Helping Great Companies Grow

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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