Pearlmark Mezzanine Realty Partners V holds final close

Pearlmark Mezzanine Realty Partners V, a U.S. mezzanine debt fund managed by Pearlmark, completed its final close in December with $210.35 million of equity commitments, including discretionary managed accounts.

In addition, Pearlmark expects to have another $200 million in co-investment capital that will invest alongside the fund in select transactions.

Pearlmark operates as a boutique real estate manager and principal investor, with a specific focus on the core and value-add areas of the risk-return spectrum. Pearlmark offers access to high-quality real estate through a variety of strategies and deal structures, and works closely with institutional and high-net-worth investors, according to the company’s website.

Since 2001, Pearlmark has originated 137 debt investments totaling $1.8 billion on behalf of its mezzanine debt fund series and joint venture programs. The firm’s debt platform makes investments across the major property sectors using a variety of