Our lending platform is defined by deep borrower relationships which have been built through decades of originating and investing in real estate debt.
U.S. Debt platform
Investment strategy
We have originated, acquired, and managed debt investments through multiple cycles.
We focus 100% of our efforts on originating and investing in performing U.S.-based, private commercial real estate debt across the risk spectrum.
Our cross-platform sourcing network and relationships provide distinct competitive advantages over traditional debt-only fund managers, including more robust deal flow, enhanced underwriting rigor, and strong asset management expertise.
The Walton Street debt platform originates real estate debt investments with disciplined underwriting and loan structures that provide downside protection.
Strong alignment of interest with borrowers achieved through equity subordination and loan structure, extensive asset underwriting, due diligence, and third-party consultant review
Institutional borrowers investing in targeted asset classes and markets. Strong relationships with borrowers, brokers, and senior lenders
Performing loans with an emphasis on current return and regular, periodic distributions
Prudent and conservative liability and leverage management
Proven experience
We have invested in and managed over $11.5 billion in debt opportunities.
Our integrated platforms provide seamless support to the dedicated debt investment team across all aspects of executing our loans, including origination, closing, and management of commercial real estate loans.
Value-add & Traditional Bridge Lending
Bridge Lending for assets in top-tier markets.
Our value-add debt strategy focuses on originating floating rate whole loans and mezzanine loans secured by transitional commercial real estate.
Transitional and light transitional business plans
Top-tier and/or high-growth U.S. markets; Institutional borrowers
Multifamily, other rental housing (e.g. student, MHC), industrial, hotel, and office
Floating rate whole loans and mezzanine loans
100% Current Pay / Income
Prudent leverage with loan structure to provide downside protection
Our real estate debt investments span a range of property types across diverse U.S. markets.
Stabilized & Near Stabilized Asset Lending
We target newer vintage, income-producing real estate assets in major U.S. markets.
Our core debt strategy focuses on originating both floating and fixed rate whole loans secured by stabilized or near-stabilized commercial real estate.
Stabilized and near-stabilized asset profiles
Top-tier and/or high-growth U.S. markets; Institutional borrowers
Class A multifamily, other rental housing (e.g. student), industrial, office; minimal hotel, and retail
Floating and Fixed Rate Loans; 100% Current Pay / Income
Moderate leverage with loan structure to provide downside protection
We have invested in a diverse range of real estate debt opportunities.
Our U.S. Debt Team
Our dedicated team of debt investment professionals has considerable experience in private real estate credit investment, structuring, and management.
Meet our Debt Platform Team
Richard Ratke
Managing Principal
Luke Goodwin
Senior Principal
Jim Odenbach
Senior Principal