A discipline,
measured in closings.
What follows is a representative sample of closed transactions, drawn from our institutional book and anonymized in accordance with our standing confidentiality covenants. Borrower, sponsor, and asset identities are withheld; figures are rounded; geographies generalized to the MSA or region. A complete, named transaction record is shared with capital partners under NDA.
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Q3 · 2025
Class A Multifamily — Bridge to Recap
238-unit garden-style asset, Sun Belt secondary MSA. First-lien bridge to facilitate sponsor recapitalization following partial debt-fund redemption. Closed 22 days from term sheet.
$42M 24-month term · I/O · 65% LTV -
Q3 · 2025
DSCR Portfolio Refinance
47-property single-family rental portfolio across Texas and Florida. Cross-collateralized blanket facility taking out an aggregator's warehouse line.
$18M 30-year amort · Fixed · 1.32 DSCR -
Q2 · 2025
Multifamily Permanent — Phoenix MSA
Stabilized 412-unit asset placed with insurance-sleeve capital partner. Seven-year term, fixed coupon, modest cash-out at par against 2024 appraisal.
$66M 7-yr fixed · 60% LTV · Non-recourse -
Q2 · 2025
Fix & Flip Programmatic Facility
Revolving credit line to a vertically-integrated rehab operator. Per-asset advance to 90% of cost, 75% of ARV, with quarterly re-margining.
$9.5M Revolving · 24-mo · Recourse to GP -
Q1 · 2025
Foreign-National Trophy Acquisition
Single-family acquisition in coastal California by a foreign-national principal. Full asset-based underwrite; no U.S. tax return reliance. Closed in 19 days.
$24M 5-yr I/O · 55% LTV · Pledged-asset reserve -
Q1 · 2025
Non-QM Bulk Acquisition
Whole-loan trade purchased from a regional originator, post-tape diligence on 184 loans. Held for season-and-deliver into a rated securitization.
$11M Bulk purchase · 184 loans · 1.04× UPB -
Q4 · 2024
Bridge to Permanent — Build-to-Rent
132-unit BTR community, lease-up phase. Bridge facility with built-in conversion to fixed-rate permanent upon achievement of 1.25× DSCR for two trailing quarters.
$38M Bridge → Perm · 36-mo runway -
Q3 · 2024
Non-QM Securitized Pool
Sponsor of a senior tranche in a rated Non-QM securitization, retained risk in accordance with credit-risk-retention rules. Pool composed of recently originated DSCR and bank-statement loans.
$135M Rated · WAL 4.1 yrs · 65.4% WA LTV
A complete, identified transaction record — including borrower, sponsor, asset, capital-partner counterparty, pricing, and resolution — is provided to qualified institutional capital partners under written NDA. Request access →