AUSTIN– Palladius Capital Management recently revealed that it is seeking $300 million in commercial real estate debt investments in the US. The firm is well-capitalized and able to begin making investments immediately to capitalize on the favorable market conditions for competitively priced, customized financing solutions, according to a prepared release.
The company is targeting construction and transitional commercial real estate debt investments, which it plans to hold on its balance sheet. Specifically, the firm is focused on originating, acquiring and managing first mortgages, B-notes, mezzanine debt and preferred equity.
"Ramping up our lending platform alongside our equity activities comes at a time when many bank and non-bank lenders are pausing activities due to rising interest rates and prolonged economic uncertainty," says Nitin Chexal, CEO of Palladius, in the prepared release.
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