- Mesirow Realty Bridge Equity (MRBE) will leverage its management team’s deep industry relationships and over 100 years of combined experience
- New capability benefits from Mesirow’s balance sheet strength and deep alternative expertise
- MRBE Commitment $25 million Its first bridge equity investment
chicago, January 25, 2023 /PRNewswire/ — Mesirow, an independent employee-owned financial services company, today announced the launch of Mesirow Realty Bridge Equity (MRBE).This new series of investment vehicles provides short-term bridge funding for top-tier Delaware Statutory Trust (DST) sponsors to finance their acquisition of top-tier commercial real estate in anticipation of DST syndication1.
MRBE’s recent investment is about $25 million Participate in the first bridging equity investment under this new investment platform, and support first-class DST sponsors in acquiring high-quality real estate assets. MRBE’s management team consists of major real estate investors with over $8 billion or complete the transaction.
“We are excited to offer this new and unique approach to DST bridge equity to premier sponsors,” he said Daniel NihanManaging Director and Co-Head of Mesirow Realty Bridge Equity“Mesirow has a strong reputation in the DST market and it makes good business sense to expand into a provider of bridge capital. Leveraging our experience as a major real estate equity investor, our approach provides DST sponsors with unrivaled technical expertise to complete financings combined with Certainty that institutional partners do close, Mesirow recently $25 million The bridge equity investment demonstrates MRBE’s confidence in the future success of the DST Sponsor and the DST Sponsor’s business plan. “
In addition to a deep understanding of the DST market, the MRBE management team has extensive experience in capital market transactions and management operations of commercial real estate. The MRBE investment platform is currently focused on investing in hospitality, industrial, multi-manufacturing, office (including medical offices), retail and self-storage. The team has longstanding relationships with the most respected DST sponsors and will apply its knowledge of the commercial real estate and DST markets to quickly and successfully underwrite assets and mitigate potential downside risk.
“The launch of MRBE is a natural outgrowth of Mesirow’s entrepreneurial culture and the firm’s expertise in alternatives and sale-leaseback capital,” said Natalie A. BrownCEO of Mesirow“As we help our clients achieve their financial goals, we look forward to thoughtfully growing that capability through increased transactions and increased headcount.”
Brown concluded: “Mesirow is purposeful in the markets we enter. Our board and business line leaders recognize the benefits of offering products and services that are counter-cyclical to specific market dynamics. Diversification of offerings helps us Best opportunity versus risk mitigation for clients and gives us more uncorrelated growth opportunities.”
1 A Delaware Statutory Trust (DST) is a legal trust created under the following provisions Delaware The law whereby each investor has an undivided partial interest in commercial real estate. The DST structure allows accredited investors to purchase fractional interests in commercial real estate, gaining all the benefits of property ownership without the burden of any property management.According to the preeminent DST consulting firm Mountain Dell Consulting, the DST market has grown from $1 billion 2015 to $8.66 billion Equity raised by end of November 2022.
As the DST industry has grown, DST sponsors have exceeded their historical funding capabilities. They are now looking for proven, reliable and reliable sources of funding to fund new DST projects, creating an opportunity for Mesirow to build complementary businesses and thus create alternative investment opportunities.
Mesirow Realty Bridge Equity’s management team has over 100 years of combined experience in sourcing and creating commercial real estate transactions for its account, as well as extensive experience in capital market transactions and commercial real estate property management operations, including a thorough understanding of the DST market.
Mesirow is an independent, employee-owned financial services company founded in 1937.Headquartered in chicago, with offices around the world, we serve our clients through a personal, tailored approach to achieving financial goals and making a difference for social good. With capabilities spanning global investment management, capital markets and investment banking, and advisory services, we invest in what matters: our clients, our communities and our culture. To learn more, visit mesirow.com and follow us on LinkedIn.
Mesirow was recently named one of the best places to work chicago exist Crane’s Chicago Business and one of the top 100 RIA companies barron’s weekly.
Michael Hurley | 203.308.1409
The information contained herein is for informational purposes only and is intended for qualified purchasers only. This is not an offer or sale of securities. Securities are offered to qualified purchasers only. Financing terms are on a case-by-case basis and will vary based on availability. Securities offered through Mesirow Financial, Inc., Member FINRA, Member SIPC. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2022, Mesirow Financial Holdings, Inc. All rights reserved.
Crane’s Best Places to Work 2022 (received August 2022 Reflects previous 12 months – license fee payable after award of use ranking). Best Companies Group (BCG), an independent great workplace research firm, conducted a two-part survey. The first section consists of employer questionnaires to collect information on benefits, policies, practices and other general information. The second part is a confidential 77-question employee survey to assess the workplace experience and culture of local employees. Rankings and/or endorsements by independent rating services and/or publications do not represent future performance of the company, nor do they evaluate the quality of service provided to the client or guarantee that he/she will experience a certain level of results if Mesirow is involved, or continues to engage in Investment advisory services are provided, nor should it be construed as a current or past endorsement of Mesirow by any client.
SOURCE Mesirow Financial Holdings, Inc.