Slate Property Group has closed on a new separately managed account (SMA) with up to $1 billion of capital dedicated to sourcing and originating lower-leverage senior secured residential construction and bridge loans.
The SMA expands and diversifies Slate’s available debt offerings by providing additional leverage and pricing options, strengthening borrower relationships and broadening its market reach. Loans for residential developments in high-growth, transit-oriented East Coast markets will be the SMA’s primary focus.
“The new SMA complements and further diversifies our range of loan offerings across the capital stack and is a logical next step in our company’s continued evolution,” said Martin Nussbaum, co-founder and principal of Slate Property Group. “With this additional offering on the debt side, we look forward to being able to serve even more borrowers and continuing to catalyze new residential growth.”
The SMA’s inaugural investment wa
