
Mesirow Launches Bridge Equity Platform for DST Sponsors
Chicago-based financial services firm Mesirow has launched Mesirow Realty Bridge Equity (MRBE). This new serial investment vehicle provides short-term bridge capital to Delaware Statutory Trust (DST) sponsors to fund their acquisition of commercial real estate property in anticipation of a DST syndication process.
MRBE recently invested approximately $25 million in its first bridge equity investment under this new investment platform, supporting the acquisition of a high-quality real estate asset by a seasoned DST sponsor. MRBE’s management team comprises principal real estate investors with an established track record of more than $8 billion of completed transactions.
“MRBE’s launch is a natural outgrowth of Mesirow’s entrepreneurial culture and the firm’s expertise in alternatives and sale-leaseback capital,” said Natalie A. Brown, CEO of Mesirow. “We look forward to thoughtfully growing this capability over time through additional transactions and headcount as we assist clients in realizing their financial objectives.”
Pictured: Mesirow headquarters in Chicago.
- ◦Financing