Layla Capital, a direct commercial real estate lender specializing in small to middle-market commercial real estate lending opportunities across the United States, has announced the initial closing of its second fund, Layla Fund II. The initial closing includes $50 million in commitments from ultra-high-net-worth investors, family offices and other institutional clients. Fund II has raised capital from both new and existing investors for the firm.
Fund II has a mandate to invest in domestic senior secured real estate bridge loan opportunities up to $15 million, focusing on core real estate assets, including single-family investment properties, multifamily, mixed-use, retail, industrial, warehouse, prime development sites and other commercial property types.
Fund II follows the firm's inaugural fund, Layla Capital Fund I, which completed its final closing in January 2024 and deployed more than $54 million across 12 deals. Fund I has been well diversified both geographic