Peaceable Street Capital, a specialty finance company that provides preferred equity capital for small and mid-sized income-producing real estate in North America, has received a minority equity investment from Declaration Partners, the investment firm backed by the family office of David M. Rubenstein, co-founder of The Carlyle Group.
Financial terms of the transaction were not disclosed.
Since inception, Peaceable Street has provided financing for more than $775 million in real estate across various income-producing property types including multi-family, self-storage, retail, and RV park sectors in the United States and Canada.
Peaceable Street was co-founded in January 2016 by Orangewood Partners and David B. Henry, former vice-chairman and CEO of Kimco Realty Corp. Peaceable Street previously received a strategic investment from SunBridge Capital, the investment firm led by the Bainum family, in December 2016 and entered into a managed account relationship w