NEW YORK, NEW YORK, USA, November 15, 2022 /EINPresswire.com/ — NEW YORK, November 15, 2022 — Fairbridge Asset Management LLC (“Fairbridge” or the “Company”), is proud to announce the fourth anniversary of the launch of its flagship investment vehicle, Fairbridge Partners LP The fund was launched on November 1, 2018 and completed its 48th month of consecutive positive monthly returns.
Fairbridge is a private lender focused on originating, investing and servicing commercial real estate loans in major US markets. Fairbridge manages these loans through several investment vehicles, including Fairbridge Partners LP, Fairbridge Partners Cayman LP and Fairbridge Strategic Capital Funding LLC.
Fairbridge provides fast, flexible and creative bridge financing solutions to real estate professionals looking to capitalize on opportunistic real estate transactions. The Company’s institutional platform can issue mortgages with a principal value of $1 million to $100 million. Fairbridge is particularly focused on the market for loans of $10 million or less. The Company believes that the inefficiency and fragmentation of this market segment allow for higher returns and better structuring opportunities.
John Lettera, co-founder and partner of Fairbridge, said: “We are very proud of what we have achieved over the past four years. We would like to thank our current investor base, our past and present employees, and our borrowers for helping Fairbridge achieve this milestone. The growth we have achieved over the past four years has been exceptional and we look forward to building on this success for many years to come. »
Steve Wissak, co-founder and partner of Fairbridge, added: “Fairbridge believes that the current environment is very attractive to create a very good lending vintage, given the incredible demand for private capital in the mortgage market. . Banks pulled back and traditional sources of capital that rely on the securitization market had to slow origination. This leaves on-balance sheet lenders, like Fairbridge, as the only reliable source of capital to close loans.
About Fairbridge Asset Management
Fairbridge is a vertically integrated real estate private equity firm specializing in real estate lending strategies. Fairbridge seeks leveraged investments by originating senior secured loans, mezzanine loans and preferred equity investments for the construction, acquisition and refinancing of commercial real estate, and by acquiring non-performing loans and investments in preferred shares. Fairbridge provides fast, flexible and creative financing solutions for real estate professionals looking to capitalize on opportunistic real estate transactions. Fairbridge is a portfolio lender and manages several investment vehicles. For more information, please visit the Fairbridge website at http://FairbridgeLLC.com.