INVESTMENT TARGETS

Target Investments: Properties in transition: Development, Acquisition, Bridge, Construction, and Repositioning

Property Types: Multifamily, Office, Mixed Use, Retail, Hotels and Land

Recourse: Generally non-recourse subject to standard carve-outs and completion guarantees

Geographic Coverage: Top 20 MSAs, but may selectively evaluate other markets (e.g. Nashville, Austin)

Our Terms

Minimum Mezz Size: $10 million

Maximum Total Leverage: Up to 75% on well located properties with strong sponsorship

Term: 1 to 5 years (including extensions/subject to certain performing conditions); Interest only