Archway Capital, a Los Angeles-based alternative investment manager focused on real estate debt investments, has announced the launch of the second vintage of its opportunity fund strategy. Archway Opportunity Fund II is targeting a $100 million capital raise through the end of 2026. The strategy will focus on a broad investment mandate, allowing the fund to capitalize on debt investments including senior and junior loans, preferred equity investments and distressed opportunities/special situations.
The strategy will be deployed across a combination of commercial and residential real estate asset classes nationwide, including multifamily, retail, industrial, office and mixed-use assets. The fund’s target total return is anticipated to be 11 percent to 15 percent, with a 4 percent to 5 percent current income component. Additionally, it will not utilize leverage in the portfolio.
Archway expects a significant portion of the funds to be raised through existing limited p