fundraising

Dallas-based manager is aiming for more mid-market bridge loan exposure across Southern US and flyover states.

Over 80% of institutions in the capital advisory firm’s latest Allocations Monitor are now actively considering fund investments.

Nominations close at midnight on Friday November 17 2023 for Real Estate Capital USA’s third annual awards and a shortlist will be announced on Monday, December 4.

The Newport Beach-based manager has closed its second property credit fund on $3bn, more than double the size of its predecessor.

The Los Angeles-based manager raised an aggregate $500m for its funds targeting the strategy in the second quarter of 2023.

The strategy arrives as the firm sees more industrial, construction and multifamily opportunities.

Women represent a substantial percentage of private real estate professionals, but men have a monopoly on the role of the entrepreneur.

The firm is seeking to line up patient individual and institutional capital to target small balance loans on transitional assets.

The original justification for Canadian pension plans having standalone property platforms no longer holds up today.

The strategy will originate bridge loans on behalf of domestic and international institutional investors.