Investment size
$5-$50M
LTV/LTC
Up to 80-90%
Average term
1-3 years
Geography
Global
Strategy Description
Our Real Estate Private Investments team seeks opportunistic commercial mortgage lending and secondary market purchases of loans that are secured by transitional and other types of niche properties across a variety of asset types:
- Office
- Industrial
- Retail
- Multifamily
- Hospitality
- Self-storage
- Condo inventory
- Land and select construction-development (including NNN lease development financing) assets
Arena provides speed of execution, and its flexible capital allows for out-of-the-box creative structures to meet borrowers’ financing needs.
Underwriting Ability
Value-add, opportunistic, distressed, story deals, quick closings, asset repositioning, recourse and non-recourse and special purpose real estate
Sponsorship
Direct lending to real estate owners, investors, developers, operators, partnerships, and financing to real estate private lenders
Investment Structures
Value-Add Bridge Loans
- Investment size: $5M-$50M
- Rates: SOFR plus 5% - 8%
- LTV/LTC: up to 80%
- Term: 2-3 years
- Fees: 1% - 2%
- Recourse and non-recourse options
- Floating and fixed rates
- No minimum DSCR
Opportunistic Bridge Loans
- Investment size: $5M-$50M
- Rates: SOFR plus 6% - 9%
- LTV/LTC: up to 90% (and up to 100% for credit NNN lease development financing)
- Term: 1-3 years
- Fees: 2% - 3%
- Recourse and non-recourse options
- 1st mortgage, 2nd mortgage, and mezzanine loans
Private Lender Finance
- Investment size: $5M-$50M
- Rates: SOFR plus 5% - 8%
- 80% - 90% advances on note amounts
- A/B Note and pari passu
- Match terms
- Single notes and portfolios
- New originations and loan acquisitions (performing and non-performing)
- Servicing retained options
- Private label
Contact
Transactions
Self-Storage Complex in Minneapolis, Minnesota
1st Mortgage
$12.5 Million
June 2024
Workforce Housing Development in El Paso, TX
1st Mortgage Term Loan
$8.2 Million
March 2024
Non-performing Residential Loans
1st Mortgage Term Loan
$5.1 Million
February 2024
Residential NPL Portfolio
1st Mortgage
$0.9 Million
December 2023
Tourist Property in Costa Brava, Spain
1st Lien
$7.5 Million
October 2023
Office Building in Kifissia, Greece
Asset Purchase
$4.5 Million
October 2023
Residential Project in Pefki, Greece
Asset Acquisition
$4.7 Million
October 2023
Retail Plaza in West Sacramento, CA
1st Mortgage
$27 Million
October 2023
Tourist Property in Spain
1st Lien
$7.5 Million
October 2023
Office Building in Greece
Asset Purchase
$4.5 Million
October 2023
Residential Project in Greece
Asset Purchase
$4.7 Million
October 2023
Retail Plaza in California
1st Mortgage
$27 Million
October 2023
Amounts shown are for Arena Investors’ commitment or the global facility commitment where Arena Investors was leading the transaction, including in cases in which a joint venture partner of Arena Investors was involved, unless such amount of Arena Investors’ participation was less than 90% of the total, in which case only the Arena Investors commitment is included. In certain cases, amounts shown are inclusive of follow-on commitments and/or combine related transactions. Amounts may be indications that are different than actual funded amounts. This information is intended to be illustrative and is not an offer or a solicitation to invest. No representation is made about the attractiveness or performance of the transactions. This document and its contents are the proprietary information of Arena Investors and may not be reproduced or disseminated, in whole or in part, without Arena’s prior written consent.