Seattle-based real estate debt fund manager Fairview Partners Investment Management has achieved a significant milestone of over $1 billion in transaction volume since its establishment in 2011. This accomplishment comes after the successful payoff of five loans, resulting in more than $30 million for Fairview’s funds and investors during a two-week period at the end of 2023.
According to Nels Stemm, co-founder and principal at Fairview, this achievement is even more impressive considering recent increases in interest rates. The company recently completed fundraising for its latest closed-end vehicle, Fairview Investment Fund VII LP and continues to actively acquire and originate loans secured by various assets.
Co-founder and principal Carson Rasmussen added that while some may view their preferred complex deals as risky, their team has found them to offer the best risk-reward profile available in the real estate credit market. They have been able to secure lower advance rates and negotiate favorable terms thanks to their expertise in managing these types of opportunities effectively.
The article originally published on Connect CRE celebrates this major milestone for Seattle-based investment firm without mentioning any specific names or locations associated with “Connect” or “Connect LA” or “Connect Texas”.
