Barings and Crebrid, the newly rebranded and rapidly growing real estate lending platform formerly known as Wildcat Lending, have announced a new credit facility.
Under the agreement, Barings’ investors will take a minority equity position in Crebrid as part of the transaction. Barings’ investors will also provide a flow purchase facility with $500 million in initial capacity to enable Crebrid to significantly expand its loan offerings, which are supported by its proprietary technology-driven lending platform. Terms of the transaction were not disclosed.
This partnership allows Crebrid to broaden its presence in the residential transition loan (RTL) market, extending its activities beyond Texas, Ohio and Tennessee to address increasing demand in other parts of the United States. The company plans to initially focus its growth capital nationally, with emphasis on high-growth markets across the United States.
Barings’ investment was made through the firm’s
