Morning Calm Management, a firm specializing in special situation investing and commercial real estate credit, has recently introduced Morning Calm Strategic Credit (MCSC), a $500 million investment opportunity. The company has brought on Ian Russell as senior managing director to lead the investment strategy for MCSC.
The new platform will focus on acquiring and managing mezzanine loans and preferred equity investments in commercial real estate across the United States. MCSC’s primary target areas are the top 50 metropolitan statistical areas (MSAs) in all property types except office spaces. Investment sizes will typically range from $10 million to $50 million, with potential for larger transactions.
According to Mukang Cho, founder and CEO of Morning Calm Management, MCSC was created to address an underserved market segment within commercial real estate by providing reliable capital solutions during uncertain times. Cho also expressed confidence in Russell’s ability to lead this strategy due his extensive experience and relationships within the industry.
Russell brings over 20 years of experience leading middle market-focused investment strategies. Prior to joining Morning Calm Management, he held positions such as principal of acquisitions at Singerman Real Estate, head of new business development at Blue Vista Capital,and SVP within JLL’s real estate investment banking team.
This launch marks an exciting opportunity for investors looking for tailored capital solutions backed by a reputable track record from both equity and debt perspectives through diversified investments offered by Morning Calm Strategic Credit.
