NAV loans and preferred equity are cousins, not siblings

This week, fund finance provider 17Capital held a final close on the largest fund dedicated to borrowing against the value of private equity assets, a strategy known as NAV lending. Credit Fund 2 is ...
TMCnet

SmartStop Self Storage and AXCS Capital Form Strategic Joint Venture to Provide Bridge Debt and Preferred Equity Capital Across the Self-Storage Sector

SmartStop Self Storage REIT, Inc. ("SmartStop") (NYSE: SMA), an internally managed real estate investment trust and a premier ...
New Haven Register

Taking a Closer Look at Preferred Equity and Why It's So Powerful in Real Estate

Preferred equity is a unique method of financing commonly used in large commercial real estate projects to increase the leverage for sponsors or syndicators — which are groups of investors who pool ...
Law

The Preferred Equity Paradox

Much ink has been spilled about the continued ascent of the “liability management exercise” (LME). Not to fret, this is not another LME article; rather, this article focuses on potential consequences ...
Seeking Alpha

Brookfield Property's Preferreds At $16: A 10% Yield In A Recapitalization Story

Brookfield Property Partners Series 1-A Preferred offers a speculative 10% yield, trading at $16 versus its $25 par value. BPYPP benefits from a recent parent-led equity injection, strengthening its ...
Seeking Alpha

NLY-F Preferred: A 5% Spread Over T-Bills With Floating Income

Annaly Capital Management’s 6.95% Series F Preferred offers an 8.8% yield, floating quarterly at SOFR plus 5.25%, with cumulative dividends. NLY-F’s floating structure sharply reduces duration risk ...
Morningstar

Arc Capital Partners Successfully Exits Preferred Equity Investment with $108.25 Million Sale of Village Del Amo

Arc Capital Partners (Arc”) announced today that it has successfully exited its preferred equity investment in Village Del Amo, a 166,365-square-foot, grocery-anchored retail center located at 21221 ...