A10 Capital, a nationwide direct lender and rated servicer of bridge and life company commercial real estate loans with loan sizes between $5 and $100+ million, announced today the closing of a $200 million capital facility with Crayhill Capital Management, a New York asset-based private credit manager, in support of a new loan origination venture.
The venture will focus on originating middle market commercial real estate bridge loans in the United States with loan sizes between $5 and $50 million. The new vehicle’s capitalization, with capital from A10 and Crayhill, combined with traditional senior financing, is expected to facilitate the origination of over $1 billion of commercial mortgage loans.
“We are excited to close this venture with Crayhill Capital Management,” said Tim Geraghty, A10’s Chief Investment Officer and president, Investment Management. “The transaction allows A10 to effectively leverage its origination and servicing platform.”
“This venture puts A10 Capital on a new trajectory, complementing our balance sheet capital, diversifying our funding sources and providing significant additional capacity for origination growth,” A10’s Chief Executive Officer, Anuj Gupta added.
“We are proud to back A10 Capital as they continue to scale their market-leading origination platform,” said Sloan Sutta, Managing Director at Crayhill. “A10 is well positioned to capitalize on opportunities in the middle market commercial real estate space through its disciplined approach to credit selection and deep sector-level expertise.”
ABOUT A10 CAPITAL
A10 Capital, founded in 2007, is a direct national lender and rated servicer of bridge and life company commercial real estate loans, focused on loan sizes between $5 and $100 million and structured portfolio loans up to $200 million nationwide. The firm’s funding sources for floating rate bridge loans include permanent balance sheet capital recently enhanced with debt fund and joint venture capital, and for fixed rate debt include strategic domestic, international life company, and other institutional separate accounts. A10 Capital has provided financing on over 600+ commercial real estate transactions to date across 40 states. A10 Capital is a rated Servicer and Special Servicer providing differentiated servicing and engagement to its clients over the life of the loan.
More information can be found on the Company’s website at https://www.a10capital.com/
ABOUT CRAYHILL CAPITAL MANAGEMENT LP
Crayhill Capital Management LP is a New York-based, minority-owned alternative investment management firm that specializes in asset-based investment opportunities. The firm was launched in August 2015 and is registered with the U.S. SEC as an investment adviser. Crayhill strives to deliver capital solutions through tailored financing structures. Its asset-based investment strategies draw on deep sector expertise and relationships throughout the structured finance and specialty finance markets. For more information, please visit https://crayhill.com.
