Urban Standard Capital, an institutional real estate investment firm, has announced an expansion of its partnership with GCM Grosvenor, an alternative asset management solutions provider. This $135 million joint venture will provide Urban Standard with the opportunity to originate more than $1 billion in loans.
As partners for more than two years, GCM Grosvenor and Urban Standard have collaborated to commit capital through GCM’s investment vehicles to enhance Urban Standard’s lending platform.
"Middle-market real estate credit and structured equity can provide investors with a compelling opportunity to earn equity-like returns with a credit-level risk profile,” said Seth Weissman, founder and managing partner of Urban Standard Capital.
Urban Standard specializes in lending solutions such as bridge financing, construction loans and ground-up developments. It also lends in the single-family luxury market.
