Real Estate Investors
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Real Estate
Structured Lending
Structured Lending

Real Estate Investors' structured debt team seeks to originate $1 billion per year. The platform provides construction and bridge loans to experienced sponsors for well-located, institutional-quality properties. The program also focuses on subordinated debt and co-lending opportunities. The flexible program originates across the capital stack from traditional floating rate loans to fixed rate (re)development-to-permanent (10+ year) loans on behalf of New York Life Insurance Company’s General Account, the Madison Square Structured Debt Fund, and other third-party accounts, as follows:

Bridge Loans

  • Repositioning projects with total capitalization generally > $40MM
  • Business plan to be accomplished within 5 years
  • LTC 80% or less
  • Bridge to permanent loans available
     

Construction Loans

  • Ground up development with total capitalization generally > $75MM
  • Construction completion within 3 years
  • LTC 75% or less
  • Construction to permanent loans available

Subordinated Debt

  • B-Note and Mezzanine loans greater than $20MM
  • Attachment points from 20-60% LTC/ LTV
  • Priced as incremental leverage to a maximum of 85% LTC/LTV
  • Short and loan term funding available
  • Senior debt can be pre-existing or co-originated

Co-Lending Senior Debt

  • Large asset or portfolio loans with total capitalization > $100MM
  • Team with banks, insurance companies, and debt funds
  • Single-asset or portfolio loans
  • Senior, junior, or pari passu tranches
  • Ground up development with total capitalization generally > $75MM (link to debt)

 

Interested in Investing with Us?

We offer a variety of investment vehicles for investors to take advantage of our investment capabilities and opportunities. 

There are risks associated with investments in real estate and/or real estate related products. For further information regarding these risks, please contact one of our real estate professionals.

*There is no guarantee that investment objectives will be achieved.

Investment objectives may not be met as the underlying investment options are subject to market risk and fluctuate in value. Please keep in mind that there are fees and expenses associated with investing in managed accounts. Accordingly, you can lose money investing in a separately managed account.