Our lending platform is defined by deep borrower relationships which have been built through decades of originating and investing in real estate debt.
Debt platform
Investment strategy
We have originated, acquired, and managed debt investments through multiple cycles.
We focus on originating and investing in performing U.S.-based, private commercial real estate debt across the risk spectrum.
We believe our cross-platform sourcing network and relationships provide competitive advantages over traditional debt-only fund managers, including increased deal flow, access to real time market and performance information, enhanced underwriting rigor, and strong asset management experience.
The Walton Street debt platform seeks to originate 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 with demonstrated track records investing in targeted asset classes and markets. Strong relationships with borrowers, brokers, and senior lenders to drive best in class debt executions
Performing loans with an emphasis on cash flowing assets to designed to deliver a current return and regular, periodic distributions
Prudent and conservative liability and leverage management
Proven experience
We have invested in and managed over $14.8 billion in debt opportunities.
Our integrated platforms provide seamless support to the dedicated debt investment team in executing our lending strategy, including originating, structuring, closing, and managing commercial real estate loans.
Value-add, Core-plus & Traditional Bridge Lending
Bridge Lending for assets in top-tier markets.
Our value-add/core-plus debt strategy is designed to originate floating rate whole loans and mezzanine loans secured by transitional commercial real estate in targeted sectors demonstrating attractive long-term fundamentals, growth prospects and exit liquidity.
Experienced institutional borrowers and sponsors
Transitional and light transitional business plans
Top-tier U.S. markets
Multifamily, other rental housing (e.g. student, manufactured, build-to-rent, active adult, senior), industrial, retail and hospitality
Floating rate whole loans and mezzanine loans
Focus on current return from cash flow generating assets
• Prudent leverage with loan structure designed 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 top-tier U.S. markets.
Our core debt strategy aims to originate both floating and fixed rate whole loans secured by Class A stabilized or near-stabilized commercial real estate.
Experienced institutional borrowers and sponsors
High quality, Class A stabilized and near-stabilized asset profiles
Top-tier U.S. markets
Class A commercial real estate across target sectors: Multifamily, other rental housing sub sectors (e.g. student, manufactured, build-to-rent, active adult, senior), industrial
Floating and Fixed Rate Loans
Focus on current return from cash flow generating assets
Moderate leverage with loan structure designed to provide downside protection
We have invested in a diverse range of real estate debt opportunities.
Our 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 Management Team
Richard Ratke
Managing Principal
Luke Goodwin
Senior Principal
Jim Odenbach
Senior Principal