Regent Properties has launched a credit platform which aims to offer an innovative capital solution building upon the firm’s already deep expertise across the commercial real estate sector.
The new $500 million platform is anchored by a commitment from a Texas-based, ultra-high net worth family office along with several other limited partners and will target high-quality sponsors, borrowers, and assets primarily located in major Sun Belt markets. Patrick Devitt and Alan de Castro (both executive vice presidents on Regent’s Investment Team) will lead the strategy, including origination, underwriting, due diligence, and execution. Devitt, based in Los Angeles, oversees originations across Regent’s Western Region (comprised of West Coast & Mountain West markets). de Castro, based in Dallas, oversees originations across Regent’s Eastern Region (including Texas markets).
Regent’s new credit platform will execute on senior secured debt, mezzanine debt, and pref