NetLeaseX Capital, a Cincinnati-based investment banking firm, has announced the launch of a preferred equity platform to help real estate investors and developers (the sponsors) raise preferred equity so that they can close more deals and earn more fees.
NetLeaseX works with sponsors to source joint-venture capital by structuring investment relationships with NetLeaseX's “below the radar” high-net-worth-investors and family offices.
“Preferred equity is probably the least understood layer of commercial real estate financing and the most difficult to raise in a property's capital stack,” said Ron Zimmerman, founder and CEO of NetLeaseX Capital. “NetLeaseX’s preferred equity platform enables real estate investors and developers to showcase their projects to an ever-increasing number of high net worth and family office investors. This is especially important in today's market where increasing interest rates make maturing CMBS and other senior loans diff