California + Finance | January 5, 2017

Mesa West Debt Fund Oversubscribed, Receives $900M in Equity Commitments

Los Angeles-based Mesa West Capital closed its largest closed-end real estate debt fund, reaching its hard cap of $900 million in equity commitments. Mesa West Real Estate Income Fund IV L.P is its fourth debt fund, which was originally targeting $750 million in raise.

Mesa West also exceeded its funding targets on its last three closed-end debt vehicles. Through its family of funds and separate accounts, Mesa West originates fixed and floating rate loans for Core, Core Plus, and Value-Add properties across the U.S.

Mesa West’s Ryan Krauch says, “Our investors understand that they can often achieve better going-in yield and average cash-on-cash returns by lending on high quality assets than they can by buying them, while at the same time being in the most senior position of the capital stack, which is especially important in today’s low cap rate environment.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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