JB Capital Launches Real Estate Lending Income Fund
Alternative credit manager and Bellevue, WA-based JB Capital has announced its new Real Estate Lending Fund, the next iteration of the firm’s commitment to providing credit solutions for underserved markets. The Fund will provide solutions-oriented capital for multifamily and industrial assets in markets ignored by traditional funding sources across the U.S.
The equity gap required for most investors and developers is increasing and forces even the most experienced professionals to search outside traditional sources to close the gap. JB Capital’s Real Estate Lending Income Fund will provide investors with a high-yielding debt investment delivering consistent monthly income while minimizing the risk and maintaining near-term liquidity.
“We have seen enormous demand for structured lending solutions that meet experienced developers’ and operators’ need for both senior and mezzanine capital,” said Barney Guy, JB Capital’s Managing Director in a news release, adding, “This is what we do best, and the launch of our new fund shows our commitment for years to come.”
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.