Dekel Capital Launches Credit Platform for Multifamily Investing

Dekel Capital Launches Credit Platform for Multifamily Investing

Dekel Capital has launched a new credit platform offering multifamily owners and investors mezzanine and preferred equity capital between $2 million and $10 million for the acquisition and refinancing of assets nationwide. This addition to the Los Angeles-based real estate merchant bank’s suite of services provides an opportunity for those facing financial hardship due to market dislocation.

Shlomi Ronen, founder and managing principal at Dekel, commented on this development: “The current capital markets have placed a severe burden on today’s real estate owners who are exiting construction loans or facing maturing senior debt but lack the capacity to sell. Preferred equity fills this gap in the capital stack by allowing sponsors to use their existing equity more strategically.”

Dekel plans to deploy up to $100 million in preferred equity over 12 months with a focus on multifamily properties; however, other commercial assets may be considered selectively.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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