(DIRECT INVESTMENT STRATEGY)
Creating an SMA with Fairbridge allows investors to access the origination capabilities of the firm and to structure a customized portfolio of mortgage loans with characteristics, collateral, and geographical locations that suit the investors investment parameters.
Loans are generally secured by a first-lien on underlying real estate collateral. The loans are typically 12-36 months and borrowers are usually real estate developers or real estate investors. Proceeds are used for acquisition, refinancing, repositioning, and construction of primarily residential housing assets. The loans are made to an LLC and are non-owner occupied.
Through our loan strategy, we are providing financing to top-tier operators and developers to create, improve, and preserve affordable workforce housing while actively helping our sponsors to scale their businesses and to make a meaningful impact in their communities by helping to solve the shortage of reasonably priced housing in the U.S.