Core Real Estate Debt Strategy Overview
OBJECTIVE
Seeks enhanced returns on first mortgages on pre-stabilized and light transitional commercial properties.
STRATEGY INCEPTION
March 1, 2019
HIGHLIGHTS
- We seek to provide investors with an opportunity to generate 6.5-8%1 potential unlevered returns depending on risk tolerance through a diversified portfolio of commercial mortgage loans secured predominately by income producing assets.
- We lend to middle-market and institutional sponsorships in markets we believe have stable fundamentals or where there are incentives for long-term economic growth throughout the US.
- The predominately floating rate focus can provide a hedge in an inflationary environment.
Investment Spotlight
Portfolio Managers
EXPERIENCE AND STABILITY
PPM is an investment-led organization which utilizes a team-based approach to manage the assets of the portfolio. Portfolio managers work closely with asset class specialists, research analysts and traders to generate ideas and to gain greater insight on the market environment as they make investment decisions.
Our Insights
(1) Upfront and ongoing fees may be used to enhance returns. Forward looking statements and targets are subject to uncertainties that could cause actual developments and results to differ materially from the expectations expressed.
