Private Credit

FOR ACCREDITED INVESTORS ONLY

Thesis

A commingled debt fund, focused on US middle-market real estate credit, with an emphasis on highly structured investments, predictable current yield, and margin of safety.

Objectives*

More than 10%
Current Yield

Investment Criteria for Assets

Investment Strategy

Private lending

Investment Structure

Mezzanine debt, bridge debt, and preferred equity

Sponsor

Strong relationship and track record

Favoring

Monthly distributions

Geography

Primary and Secondary MSAs

Property Types

Multifamily, industrial, net lease

Property Investment Size

$5 to $50 million

Leverage

No fund-level leverage

*Target returns are not meant to be used as predictors of future performance, but rather to provide general insight into the Fund's objectives, risk profile, and strategy. There can be no assurance that any investment or the Fund in general will achieve the expected returns. Actual returns may differ significantly from expected returns.

Fund Investments

Private Credit

One Court Square
City
Queens
State
New York
Strategy
Bridge Loan
SF
1.5M
Status
Funded

Private Credit

Inspire on 22nd
City
Austin
State
Texas
Strategy
Bridge Loan
Units
129
Status
Funded

Private Credit

900 Factory
City
Logan
State
Utah
Strategy
Bridge Loan
Units
80
Status
Funded

Private Credit

Volkswagen HQ
City
Auburn Hills
State
Michigan
Strategy
Core
SF
359,000
Status
Funded

Private Credit

Uptown Newport
City
Newport Beach
State
California
Strategy
Opportunisitc
Units
564
Status
Funded

Private Credit

Giant
City
Philadelphia
State
Pennsylvania
Strategy
Core
SF
47,907
Status
Funded

Private Credit

Westminster
City
Westminster
State
California
Strategy
Opportunisitc
Acres
26
Status
Funded

Private Credit

Mesa 270
City
Mesa
State
Arizona
Strategy
Opportunisitc
Acres
270
Status
Funded

Private Credit

The Camden
City
Tacoma
State
Washington
Strategy
Opportunisitc
Units
178
Status
Funded

Completed Investments

Private Credit

The Dime
City
Brooklyn
State
New York
Strategy
Value-Add
Strategy
Private Credit
SF
340,000
Status
Completed

Private Credit

City Gardens
City
San Francisco
State
California
Strategy
Value-Add
Strategy
Private Credit
Units
200
Status
Completed

Private Credit

Universal Plaza
City
Washington
State
DC
Strategy
Opportunisitc
Strategy
Private Credit
Units
610
Status
Completed