The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
November 14, 2018
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC... NEWS
Printer-friendly Version   Email an Associate
Calmwater Capital Closes Third Fund with $636 Mil in Commitments

1/16/18

Calmwater Capital has closed its third fund, U.S. Real Estate Credit Fund III, L.P., with $636 mil in total commitments. The fund’s investors include endowments, pension funds and family offices, based in North America, Asia, Europe and South America.

Similar to its two prior funds, Calmwater is focusing the fund on originating $5 mil to $50 mil senior loans for fundamentally sound assets, but where the financing requires a sense of urgency or complexity and the potential to earn superior risk-adjusted returns.

“Sophisticated borrowers pay premiums for our expediency in addition to our expertise and flexibility to underwrite complexities for transitional assets,” said David Traversi, president of Calmwater. “By seeking premium returns and making quick decisions, we remain highly focused on downside protection and adhere to institutional processes established and refined since 2010.”

Underscoring the strength of the fund, Calmwater has already generated a robust national pipeline leading to investments in 44 loans, all senior liens with a substantial equity cushion. San Francisco-based Probitas Partners, led by Director Jane Harris, acted as the placement agent for the fund.





Return to the Archive page
Eagle Group Finance

 


 


 
 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media