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Greystone, Inlet Real Estate Capital Form JV to Anticipate Potential Distress
Greystone affiliate Greystone Commercial Mortgage Capital has formed a joint venture with Inlet Real Estate Capital to provide short-term, floating rate capital solutions for commercial real estate owners. The JV’s target is complex or potentially distressed situations in the current market.
Known as Greystone Inlet Real Estate Capital, the JV will offer flexible structured capital solutions such as first mortgages, mezzanine loans, preferred equity, common equity investment, or a hybrid of multiple structures. Upon stabilization, the JV will provide sponsors with direct access to long-term, fixed rate financing through Greystone’s other lending platforms such as CMBS and agency financing.
“With a record number of loan maturities expected within the next year, CRE investors and lenders may find themselves in a difficult position to refinance, frequently at less than expected proceeds or less than optimal rates, so we are offering short-term, creative financing solutions to allow borrowers to successfully recapitalize their properties,” said Ryan Jantzen, who co-founded Inlet in 2021 with Adam Saltzman.
- ◦Financing
