Churchill Real Estate raises $2b for new fund

Churchill Real Estate, a real estate investment firm focused on real estate debt, equity and distressed opportunities in the United States, has secured $2 billion in investment capital for the firm’s residential transition lending (RTL) portfolio.

The commitment came from multiple foreign institutional investors.

“This transaction positions Churchill to expand our ability to capitalize on the burgeoning real estate market opportunities related to RTL, which include investor-purpose debt, bridge funding, fix-and-flip financing, condo inventory, and new construction loans,” said Travis Masters, managing partner at Churchill Real Estate.

The newly committed capital will serve as a discretionary funding vehicle that can be made available for investment across any of Churchill’s real estate lending and investment portfolios.

Churchill Real Estate, which was formed in 2014 to capitalize on U.S. real estate debt, equity and distressed opportunities throu