Ocean Village
Palm Coast, FL
Overview
Location
Palm Coast, FL
Property Details
Project Description
Coastal residential development in Palm Coast, Florida. Mezzanine financing for luxury beachfront community.
Updates
New acquisition
Nov 10, 2023
Coastal residential development in Palm Coast, Florida. Mezzanine financing for luxury beachfront community.
Portfolio update: New preferred equity investment in the Palm Coast, FL metro area
View update
Asset type
Real Estate Debt
Real estate debt involves financing a stage (land development, construction, etc.) of the builders' development in return for interest payments over a set period. These investments typically offer attractive yields while being secured by real property assets. Real estate debt can include senior mortgages, bridge loans, construction loans, and preferred equity positions.
Our strategy
Real Estate Credit Strategy
Provide real estate backed loans and financing for property development, acquisition, and construction projects
- Expected variability of return: Low to Moderate
- Timing of expected return: Regular monthly or quarterly interest payments
- Primary expected source of returns: Interest income and loan fees
- Security: Secured by real property assets
- Typical loan terms: 12-36 months with extension options
This section is intended to provide a general overview of the investment strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.
Associated fund
Income Real Estate Fund
A diversified credit fund focused on real estate debt investments across prime markets. Our strategy involves providing financing for residential and commercial developments.