Red Oak Capital Group has launched Red Oak Capital Fund V.
The fund is a Regulation A+ Tier II bond offering designed to provide investors with a vehicle to access the commercial real estate space. The bonds are securitized by senior secured commercial mortgage notes and are backed by existing income-producing commercial real estate properties in the United States.
Like Red Oak Funds II – IV, Fund V has a target size of $50 million and will offer two series with a target yield of at least 7.5 percent. Both series also include an additional contingent interest payment at the end of the term, which could increase the yield to investors.
“We combine our extensive sourcing capabilities with proven, disciplined underwriting to capitalize on short-term gaps in the traditional commercial finance markets,” said Chip Cummings, Red Oak’s president. “Our fully integrated fintech platform enables us to rapidly perform credit and collateral scoring and efficiently
