Real Estate Private Debt
Overview
We source and present private credit opportunities across real estate markets, encompassing both directly asset-backed lending and financing provided to established real estate lending platforms.
Our approach focuses on structured opportunities with clearly defined income profiles, conservative underwriting, and alignment with experienced counterparties.
We source and present private credit opportunities across real estate markets, encompassing both directly asset-backed lending and financing provided to established real estate lending platforms.
Our approach focuses on structured opportunities with clearly defined income profiles, conservative underwriting, and alignment with experienced counterparties.
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Sub-Strategy I: Direct Real Estate Lending
Overview Exposure to loans secured directly against real estate assets, with a focus on capital preservation, downside protection, and contractual income generation. ________________________________________ Investment Types • Senior secured real estate loans • Mezzanine financing • Bridge lending • Select development financing ________________________________________ Key Characteristics • Direct security over underlying real estate assets • Priority positioning within the capital structure • Defined investment duration • Contractual income profile ________________________________________ Risk Framework We apply a disciplined underwriting and risk management approach, including: • Conservative loan-to-value (LTV) parameters • Detailed asset-level due diligence and independent valuation review • Sponsor assessment, including track record and alignment • Legal structuring to ensure enforceable security and downside protection • Ongoing monitoring of asset performance and market conditions |
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Sub-Strategy II: Lending Platform & Origination Financing
Overview Financing provided to established real estate lending platforms, including mortgage originators and private lenders, supporting loan origination and portfolio expansion. ________________________________________ Investment Types • Financing to mortgage originators • Lending to private / hard money lenders • Portfolio financing facilities • Warehouse lending structures ________________________________________ Key Characteristics • Exposure to diversified pools of underlying loans • Collateral-backed or portfolio-secured structures • Contractual income generation • Alignment with experienced lending platforms ________________________________________ Risk Framework Our approach to platform and portfolio-level financing includes: • Counterparty due diligence, including underwriting standards and track record • Analysis of underlying loan portfolios (diversification, asset quality, geography) • Structural protections, including covenants, over collateralisation, and reporting requirements • Ongoing monitoring of portfolio performance and credit metrics |
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