Origin Credit Advisers LLC (OCA), a Chicago-based affiliate of multifamily real estate fund manager Origin Investments, has launched the Origin Strategic Credit Fund. This open-ended fund is designed to provide qualified purchasers with a consistent stream of risk-adjusted income, appreciation and capital protection.
The Fund targets investments in securitized bonds and commercial real estate collateralized loan obligations backed by collateral pools composed primarily of multifamily assets as well as non-securitized private positions in first- and second lien preferred equity or mezzanine debt for multifamily real estate assets.
Thomas Briney, President & CIO at OCA commented that “the Strategic Credit Fund affords us the flexibility to move across a wide spectrum of multifamily investments to capitalize on existing opportunities” allowing them “to identify and analyze investment options before moving where market mispricing presents acquisition or disposition opportunities”.
This new offering from Origin Investments’ affiliate provides investors with an opportunity for diversified exposure into the world of multi family credit through one vehicle while also providing potential returns through risk adjusted income streams, capital appreciation and protection against losses due to market volatility.
