Marnell Corporate Center, Las Vegas, Nevada

Special Situations Strategy – Investing in Distressed CRE Assets

Prime Finance’s Special Situations strategy invests in dislocated CRE capital structures with an emphasis on middle-market sized distressed debt opportunities. Our debt investments may include sub- or non-performing whole, senior, subordinated or mezzanine loans or preferred equity interests, as well as portfolios of commercial real estate loans and note purchase financing. We also originate rescue capital, participating debt and opportunistic direct investments to stabilize or reposition transitional properties, as well as investments into challenged capital structures to assist owners in achieving a favorable outcome. We primarily focus on investments ranging in size from $10 to $100+ million and also have the expertise and depth of capital to handle larger standalone transactions and portfolios. The Prime team has extensive experience working with a broad variety of financial institutions, loan sellers, intermediaries and borrowers. We have robust in-house asset management, capital markets and legal teams that provide support to the Special Situations team.

Our general parameters are listed below; however we will consider investments of any size or level of complexity and welcome your call to discuss how we can provide liquidity and creative capital solutions. Contact information for our team members is located on the contact page.

 

Prime Special Situations General Parameters

Deal Size $10-$100 million plus
Primary Investment Types Sub- and non performing senior and subordinate debt
Preferred equity
Participating Debt
Borrower Recapitalization
Note Purchase Financing
REO or transitional real estate
Position in Capital Stack Control and non-control
Property Types Office, industrial, multifamily, student housing, retail, hospitality, life science, flex, multi-use, self-storage
Geography United States

Special Situations Team