logo
logo

Directed Capital Raises $92 Million for Distressed Debt Fund, Receives Combined $100 Million in Credit Facilities From Goldman Sachs, Pacific Western Bank, Valley Bank

Sep 23, 2020almost 5 years ago

Amount Raised

$92 Million

San Diego

Description

Directed Capital, a national opportunistic real estate finance firm that acquires and strategically repositions commercial mortgage loans, today announced it has closed its tenth flagship fund, raising $92 million in equity commitments that will be deployed to purchase commercial real estate debt. The firm will seek to acquire more than $500 million in commercial mortgage loans, then work to successfully resolve the assets, creating value for the partnership, while also providing borrowers with the flexibility to work out their debt, and in many cases help to continue their business operations.

Company Information

Company

Directed Capital

Location

San Diego, California, United States

About

Directed Capital is a national asset workout specialist firm that opportunistically acquires, manages, and repositions commercial mortgage loans, and originates select bridge loans, in the $1 million to $20 million range. Operating in the alternative investment space, Directed Capital is known for consistently providing its investors with superior risk-adjusted returns that are traditionally uncorrelated with the market by deploying capital into well-diversified commercial asset classes and geographies. Founded in 2001 by professionals with decades of industry experience, Directed Capital has sponsored ten funds and acquired more than $1.5 billion in commercial real estate loan assets. Directed Capital, with 35 professionals at its offices in St. Petersburg, Florida., and San Diego, California, leverages its extensive network to source deals and seize unique opportunities. Directed Capital Advisors, LLC is a SEC registered investment advisor (RIA). For more information, visit www.DirectedCapital.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech