Investment Approach
The credit strategy seeks to generate current income through the origination and secondary purchase of real estate loans and real property in the United States. The primary target investments include first mortgages, real property, and other fixed income instruments such as mezzanine debt, junior secured debt, and preferred equity.
Inception: | 2020 |
Strategy Size: | $500 million target |
Investment Type: | Real Estate Credit |
Capital Structure: | Targets 60% first mortgages, 20% other fixed return instruments and 20% real property |
Property Type: | Diversified |
Region: | Diversified U.S. exposure; emphasis on secondary markets and high growth markets |
Investment Size: | $5 million – $30 million per asset |