When you need additional capital in order to grow or an M&A opportunity arises, every day counts. An optimized capital structure can help reduce risk and create significant value. Otherwise opportunities could pass you by, your cost of capital may not be competitive, or you may lack sufficient liquidity to weather periods of volatility. You need our nimble approach and speed to market to complete an acquisition, refinance, expand your product line, or capitalize for growth.
Cambridge Wilkinson (“CW”) is pleased to announce the recent closing of a £50MM JV-programmatic co-investment vehicle for a private CRE bridge lender based in the UK. Our Client provides highly structured mezzanine loans to UK-based commercial real estate developers with a JV component as part of the overall structure to actively engage and manage the development process and risk. The JV capital raised from an institutional investor will be deployed across various property types and is focused on value add opportunities.
“We are pleased to be able to assist one of our overseas clients during these extremely volatile times. Our investor network continues to express interest in mandates not only in the United States, but around the world, with a particular interest in Western Europe on the credit side. We continue to expand our investor network domestically, as well as overseas across Family Offices, Private Equity as well as across the entire spectrum of Private Credit investors.” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson.” (Link to Full Article)
Cambridge Wilkinson (“CW”) is pleased to announce the closing of a $30MM co-invest vehicle for a private fully-licensed, GSE approved Client. Our Client provides institutional clients with the opportunity to participate in the niche Mortgage Servicing Rights (“MSR”) asset class as an inherent interest rate hedge and as a direct investment as well. The invested capital will be used to purchase pools of bulk and flow MSRs on the behalf of institutional clients based upon their individual respective risk/return parameters.
“As the capital markets landscape continues to shift, we continue to pair up the correct capital partners with our Clients across not only specialty finance and real estate, but across most industries. Matching the correct form of capital as well as establishing partnerships to help our clients scale their platforms is our top priority. In this specific instance, this initial $30 Million is the beginning of what we believe may ultimately scale to $200MM+ for this client” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“CW”) is pleased to announce the closing of a $100MM credit facility for a long track record Real Estate Asset Manager who currently has more than 90,000 acres of land and manages over $3 billion of real estate assets. This facility will be used to purchase land that has been identified by one of the largest national homebuilders for their near-term single-family home development pipeline. These assets are expected to cash flow within 6-24 months.
“We are excited to be able to source flexible credit facilities for our clients which allows them to scale their platforms. Our real estate clients with robust pipelines of acquisition targets benefit from these customized facilities, as they do not need to constantly tap into the capital markets to execute on their strategy on a deal by deal basis” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“CW”) is pleased to announce the closing of a $25MM fund leverage facility for a long track record Credit Fund client arranged by our Fund Finance Division.
A CW credit investor has closed on a $25MM loan on loan leverage facility arrange through our network of our Fund Finance leverage providers. This facility allows our client to enhance returns and use the leverage to continue growing their platform. A pool of specific loans were carved out of the primary fund into an SPV to support this facility.
“We continue to see significant demand from our Private Credit and Private Equity Fund clients for all types of leverage solutions including SPV leverage as is the case with this client, as well as non-dilutive GP financing and very aggressive NAV facilities. Our private fund clients that invest directly in our direct deal flow are recognizing the flexibility of, and the customized approach that we take when raising leverage facilities for them; as each facility is bespoke and built from the ground up to meet the specific needs of each specific fund” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“CW”) is pleased to announce the closing of an $80MM debt facility for a long track record real estate sponsor in the Southeast United States. This bridge and construction facility will be used to develop a multi-family development on a 600-acre master plan community. Our client has purchased more than 28 projects representing 2,600+ entitled acres and 6,000+ units.
“We have seen continued demand for both equity and debt capital from prominent Real Estate Firms that have robust pipelines of projects across the country. We are happy to have brought a strategically structured bridge and construction solution to this client, which is designed to grow with their portfolio as they continue to expand. We at CW work with real estate sponsors across all property types and geographies, sourcing capital solutions which allow them to scale their platforms” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“CW”) is pleased to announce the closing of a $150MM credit facility for an institutional caliber litigation finance lender which specializes in originating and underwriting loans that have a first priority claim on all revenues generated by the case collateral. In addition, all of our client’s loans have full recourse to the borrower and have a personal guarantee by all equity partners of the law firm. Our client launched their first fund in 2018 and a second fund in 2019 and is continuing to grow rapidly as they are preparing to launch their third fund. Uses of this credit facility is to continue to scale their platform.
“We have continued significant demand from our alternative credit providers to structure facilities for specialty finance clients of all kinds. In this instance, we are fortunate enough to have worked with a litigation client with a fantastic track record and significant future pipeline. We much look forward to continuing to work with this client as they continue to scale their business,” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“CW”) is pleased to announce a record year in 2021 in raising credit / debt facilities as well as equity for our clients. We congratulate our bankers across the entire organization for all of their hard work throughout the year and into 2022. We very much look forward to what this year brings for our clients and the investors that we work with.
Themes that we believe may continue into 2022, include significant demand for flexible and creative credit solutions for specialty finance companies, non-bank real estate bridge and construction lenders; as well as continued strong demand from our Private Equity and Private Credit Fund clients for flexible, low cost and customized Fund Leverage Facilities, NAV Facilities as well as highly competitive GP Financing Credit Facilities (non-dilutive). Our raises in 2021 generally ranged from $25MM-$500MM in size, with an ability to scale up to $1bln+.
Representative Transactions for 2021 included:
*$300MM Credit Facility for a Non-Bank Real Lending Estate Client to grow their platform
*$150MM Litigation Finance Credit Facility
*$300MM Leverage facility for a Specialty Finance Company who provides liquidity to Institutional Asset Managers and Alternative Managers
*$265MM Full Capital Stack for an ESG focused Specialty Finance Company who specialized in financing ESG oriented projects and businesses
*$300MM Specialty Finance / Credit Asset Management Mandate
*$110MM Senior Debt Facility for a recapitalization on a multifamily properties
*$35MM Specialty Finance First Lien Structured Credit, Co-Investor
Cambridge Wilkinson (“CW”) is pleased to announce the closing of a $300MM tranche of an asset management assignment for a client that is an institutional credit manager for many institutional groups that have yield requirements. Our client is a long track record fixed income / credit group that has the ability to structure portfolios for investors that are seeking yield based on their specific requirements. Our client works very closely with investors who can provide separately managed accounts and/or their corporate balance sheets, in order to understand their yield and risk tolerances as they construct actively managed customized credit portfolios.
“In this interest rate environment and yield starved world that we live in, we are incredibly fortunate that we are able to work with such high-quality yield generators for our investor base. Our clients who have yield needs work with us to seek out risk adjusted returns across the private and public credit spectrums. We are seeing very strong demand going into year end, and believe that this strong demand for yield will continue as we enter 2022,” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“CW”) is pleased to announce the closing of $1.2 Billion of direct Credit and direct Equity transactions in the Third Quarter of 2021. CW closed transactions across a variety of industries including specialty finance, commercial real estate, ESG as well as leverage / credit raises for Private Equity Funds and Institutional Credit Funds seeking GP Financing, NAV Loans and SPV Leverage.
“We continue to see very strong demand for credit and leverage facilities from specialty finance companies as well as from our Alternative Credit and Private Equity fund clients, particularly given our ability to help arrange customized and flexible credit and fund leverage facilities. Every one of our credit and leverage clients are different, and therefore need customized solutions as they continue to grow their platforms. Refinancing of leverage facilities continues to be of interest as well across our client base, given the continued low interest rate environment and the flexibility that many of the credit providers in our network are able to structure.” says Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“Cambridge”) is pleased to announce the close of a $110 Million debt facility for an institutional caliber Real Estate Family Office. Our client is a real estate family office with over $1.3B AUM. The Family focuses on the development and management of Class A multifamily real estate projects. Previously, the Family had found success in Northeastern Ohio and Michigan acquiring Class B and Class C deferred maintenance, value-add properties from 2003-2015, managing over 10,000 multifamily units at its peak. Since then, they have zeroed in on Florida as an opportunity for expansion due to changing population trends, pivoting to Class A new construction to capitalize on favorable land and construction costs. This $110MM in senior debt raised by Cambridge Wilkinson was utilized by the Family to recapitalize two of its multi-family properties in its current portfolio.
“We do a lot of work in the Real Estate space at Cambridge, and are thrilled that we could be effective in this raise. We all know that this current interest rate environment will not last forever, so a number of our most sophisticated clients, both real estate and non-real estate, are looking to benefit at this time with credit/debt raises,” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson (“Cambridge”) is pleased to announce the close of a $300 Million Credit Facility for a Private Real Estate Lender who lends across all property types in North America. This specialty lender has rehired Cambridge after an initial close in 2018, in order to find an additional credit facility that was not only aggressive and highly competitive with regards to the interest rate, but also structured from the ground up in order to accommodate their specific needs as they continue to rapidly grow and evolve their lending platform.
“We are thrilled that we have had an opportunity to grow with this client over the years, and have had an additional opportunity to help them with their very specific needs in the credit markets. Our goal is to help our clients grow their businesses over time, work with them as their platforms scale and bring creative equity and debt solutions that are designed for them individually. We look forward to watching them flourish as they continue to grow their various lending platforms,” said Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson. (Link to Full Article)
Cambridge Wilkinson is pleased to announce that our client, an Environmental, Social & Governance (ESG) mission-oriented specialty finance company, has closed a $265MM transaction which includes equity, debt, and mezzanine capital in order to scale their platform.
Our client specializes in financing ESG projects in areas such as renewable energy, waste to energy projects, food and agriculture, carbon reduction/remediation, and energy efficiency. Their ability to tap underserved projects and developers will contribute towards the goal of a carbon neutral economy.
“We at Cambridge Wilkinson are proud of our ability to help scale ESG and women-led businesses like this client, by attracting not only capital but strategic partners as well. Women-led businesses like this company and ESG companies of all types, continue to be a top priority for us to raise capital around. We have an incredible amount of demand from our equity and credit investors looking for ESG investments.” says Rob Bolandian, Partner and Global Head of Investment Banking at Cambridge Wilkinson.
Our wide network of investors are consistently looking for ESG opportunities / investments that can range from equity, debt, infrastructure project financing, lines of credit, and asset portfolio sales from $25MM- $5BLN. (Link to Full Article)
Cambridge Wilkinson has closed a $300MM Credit Facility for a Specialty Finance client that is growing rapidly in the Asset Management and Alternative Investments worlds. Our client was attracted not only to the competitive rate on this facility, but also the structure which was designed to grow with the company as they grow- with an incredible amount of flexibility embedded; says Rob Bolandian, Partner and Global Head of Investment Banking.
Cambridge Wilkinson is deep in the Specialty Finance industry and in the equity and credit space. We are happy that we are able bring our clients creative facilities that are designed to meet their specific needs, and not just offer rigid, pre-designed, off the shelf “products”, says Bolandian. Cambridge Wilkinson specializes in arranging equity, credit facilities, forward flow, warehouse lines and portfolio sales that range from $25MM-$5BLN for clients. (Link to Full Article)