Investment Guidelines
We provide debt and equity financing solutions for commercial real estate assets.
We originate and acquire commercial mortgage debt including commercial mortgage loans, commercial mortgage-backed securities (CMBS),
subordinate interests in whole loans (B-notes), mezzanine loans, preferred equity and other commercial real estate-related debt investments.
In addition, we acquire and structure single tenant, net lease real estate transactions in North America and Europe.
Debt Investment Guidelines
Property Types:
Multi-family
Office - CBD and suburban
Retail - anchored/unanchored
Industrial
Lodging
Self-storage
Equity Investment Guidelines
Property Types:
Industrial
Office - CBD and suburban
Single-tenant retail
Specialty Retail
Locations:
Primary markets in the U.S. and
Europe
Secondary and tertiary markets with
strong sponsorship
Locations:
Primary as well as secondary and
tertiary markets in the U.S. and
Europe
Financing
Capabilities:
First Mortgage Loans
Up to $100 million
B-notes
Up to $50 million
Mezzanine Loans
Up to $50 million
Transaction Size:
Lease Options:
$10 million and greater
Sale leasebacks
Build-to-suits
Existing net lease assets
Loan Terms:
Fixed-rate loans from 5 to 15 years
Floating-rate loans from 3 to 5 years
Lease Terms:
10+ years of remaining lease term
Opportunistically consider 7+ years
remaining
Loan-To-Value:
First mortgages up to 65%
B-notes and mezzanine loans up
to 85%
Tenants:
Investment grade
Below investment grade
Non-rated credit tenants
Robert Karner
Global Head of Commercial Real Estate
Debt Investments
Benjamin Harris
Head of US Net Lease Investments
For loan and equity origination information contact originations@crexusinvestment.com.