Morning Calm Management, an investment and management firm with a focus on special-situation investing and commercial real estate credit, has formed Morning Calm Strategic Credit (MCSC), a $500 million investment vehicle.
Morning Calm also announced that Ian Russell has joined the firm as senior managing director and will lead MCSC’s investment strategy.
MCSC is focused on originating, acquiring and managing mezzanine loans and preferred equity investments in commercial real estate nationwide. MCSC primarily will invest throughout the country’s top 50 MSAs, targeting transactions for acquisitions, developments and recapitalizations across all property ty