With this continuing tenuous credit market, many standard lending options have dried up. Dallas-based Regent Properties is launching a credit platform that aims to fill the void.

The new $500 million platform is anchored by a commitment from a Texas-based, ultra-high net worth family office along with several other limited partners and will target high-quality sponsors, borrowers, and assets primarily located in major Sun Belt markets.

“As the real estate capital markets continue to evolve, the need for flexible and accessible financing solutions has never been greater. Regent intends to provide liquidity to CRE sectors that are significantly underserved,” said Regents Sam Kraus.

Regent’s new credit platform will execute on senior secured debt, mezzanine debt, and preferred equity investments primarily secured by residential, office, and retail properties. Transaction profiles will include a combination of acquisition financing, refinancing, and structured rescue capital. In select cases, the firm will also finance construction, renovation and leasing efforts.