Debt Platform
Palladius pursues debt 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 preferred equity investments. As a lender, Palladius is a valued partner to both institutional sponsors and leading independent developers, known for speed, flexibility, and certainty of execution in complex situations.
Palladius debt investment opportunities seek to capitalize on market conditions in which liquidity is limited and financing is difficult, as well as time-constrained opportunities and special situations with non-traditional or complex underlying dynamics.
The firm’s investor base for the debt platform currently consists of corporate and public pension funds, sovereign wealth funds, university endowments, foundations, insurance companies, fund of funds and high-net-worth individuals.
LENDING PARAMETERS
RATE LENDING
PARAMETERS
| Loan Amount | Up to $25,000,000 |
| Loan Term | Up to 48 months + extension(s) |
| Asset Types | Multifamily, student housing, industrial, hospitality, land, single family, self-storage, mobile home parks |
| Geographic Scope | All of the U.S. |
| Borrowing Entity | Single purpose entity |
| Loan-to-Value | Up to 75% of appraised value |
| Amortization | Typically 30-year amortization |
| Interest Rate | Fixed Rate |
| Prepayment | Yield maintenance |
| Recourse | Determined at underwriting |
EQUITY / MEZZANINE
LENDING
PARAMETERS
| Loan Amount | Up to $10,000,000 |
| Debt Structures | Preferred equity, mezzanine loans, and B-notes |
| Asset Types | Conventional CRE asset types across the U.S. |
| LTV | Up to 80% |
| Interest Rates | 11% to 15% |
| Term | Coterminous with senior mortgage |
| Amortization | Interest Only |