Fund NAV Loan
Southeast, US
1,990 Multifamily Units
Unrealized
GreenBarn, along with its partners Skylight Real Estate Partners and Axonic Capital, originated a $55M credit facility to a closed-end real estate fund. The financing provides liquidity and bolsters the Fund’s balance sheet and will allow the sponsor to use the facility for accretive strategic opportunities.
The credit facility is secured by a portfolio of controlling interests in stabilized multifamily buildings in various U.S. markets totaling ~2,000 units, development sites and ~900k RSF of office assets.