A10 Capital Closes $75 Million Investment Facility From KKR
OREANDA-NEWS. A10 Capital, the nation's leading middle-market commercial real estate lender, today announced it closed a $75 million investment facility from KKR. This platform investment will bolster A10's core capital base to fuel the future growth of its on-balance sheet bridge and permanent loan products.
"We have built A10 into a leading commercial real estate lender by being obsessed with our clients -- broadening our on-balance sheet loan products, solving our borrowers' pain points, and delivering a better and more efficient borrowing experience with our nimble and full-service platform," said Jerry Dunn, CEO of A10 Capital. "This significant investment from KKR, one of the most prestigious institutional investors in the world, further enhances our leadership position and capital base."
"A10 is an established lender in the middle-market commercial mortgage space," said Dev Gopalan, Head of U.S. Private Credit. "What distinguishes A10 is its strong track record and unique origination platform that has generated consistent growth. A10 is positioned to be an effective nonbank CRE lender, able to compete with bank, CMBS, and life company lenders at time when they are being significantly and adversely impacted by new financial regulation."
KKR joins A10's top-tier institutional backers, which include BlackRock, H.I.G. Capital, and THL Credit. A10 has recently financed over 30 million square feet of both stabilized and un-stabilized commercial properties nationwide.
Commercial real estate investors rely on A10 Capital as their one-stop balance sheet lender for middle-market commercial mortgages. Our broad menu of bridge, perm, bridge-to-perm, and note purchase loans cover the entire life cycle of commercial properties across the United States. Our full-service lending platform, which incorporates focused origination, speedy underwriting, in-house legal, and servicing for the life of the loan, has made A10 Capital the most active lender in the middle-market commercial mortgage space. With loans ranging from $1 million to more than $20 million per property, A10 has funded over 30 million square feet of commercial properties. An innovator in the industry with a scalable funding model, A10 is backed by four significant institutions: $4.7 trillion asset management firm BlackRock, $98 billion global investment firm KKR, the $19 billion global private equity firm H.I.G. Capital, and the credit affiliate of Thomas H. Lee Partners. We are based in Boise, ID and Dallas, TX and have regional offices in Annapolis, MD; Darien, CT; Kansas City, KS; Nashville, TN; Newport Beach, CA; Orlando, FL; Philadelphia, PA; and Princeton, NJ.
Комментарии