Real Estate

Investment Size

$3M - $35M

LTV/LTC

Up to 80-90%

Average Term

1-3 Years

Geography

Global

Strategy Description

Arena’s Real Estate Private Credit 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-$35M
• LTV/LTC: up to 80%
• Term: 2-3 years
• Rates: 8% – 10%
• Floating and fixed rates
• Fees: 1% - 2%
• No minimum DSCR
• Recourse and non-recourse options

Opportunistic Bridge Loans

• Investment Size: $5M-$35M
• LTV/LTC: up to 90% (and up to 100% for credit NNN lease development financing)
• Term: 1-3 years
• Rates: 10%-12%
• Fees: 2% - 3%
• Recourse and non-recourse options
• 1st mortgage, 2nd mortgages, and mezzanine loans

Private Lender Finance

• Investment Size: $3M-$35M
• Rates: 7% - 9%
• 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 Us

Sample Transactions

ArenaFinCo-Real-Estate-Private-Credit-2019-04-09

1st Mortgage Bridge Loan

 

Real Estate

New Zealand


January 2019

NZ$3,000,000

ArenaFinCo-Real-Estate-Private-Credit-2019-04-09

1st Lien Senior Secured Term Loan

 

Retail

Spring Hill, FL


November 2018

$4,434,000

ArenaFinCo-Real-Estate-Private-Credit-2019-04-09

Various

 

Office

Detroit, MI


November 2018

$12,500,000

ArenaFinCo-Real-Estate-Private-Credit-2019-04-09

1st Mortgage Bridge Loan

 

Retail

Santan Valley, AZ


November 2018

$8,843,000

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