Investment Management - , Arizona, United States
Overview:Parse Capital is a commercial real estate finance company focused on providing capital to developers and financial sponsors for the acquisition, recapitalization and development of multifamily apartment communities in well located, growth markets throughout the United States. Founded by real estate and capital markets professionals in 2013 with significant expertise developing tailored financial solutions, Parse has a committed, long-term capital base to finance multifamily transactions behind all types of senior lenders, including GSE's, commercial banks, insurance companies and conduits. With offices located in Arizona and California, the firm is well positioned to pursue opportunities throughout the continental United States and have completed more than 45 structured equity investments totaling more than $500 million of capital deployed.Criteria:Focusing its activities exclusively within the multifamily sector (defined as market rate, senior, affordable and student), Parse seeks to lend and invest opportunistically in quality assets with solid developers and financial sponsors in transactions that meet the following criteria and parameters:Investment Structures:• Preferred and Mezzanine equity for development, recapitalization, acquisition and rehab of transitional multifamily assets• Selectively considering Joint Venture equity for development, recapitalization, acquisition and rehab of transitional multifamily assets • Senior bridge loans for acquisition, rehab, land, note DPOs and multifamily assets in time-sensitive situations• Other creative financing solutions to meet unique transaction requirements (e.g., rescue financing, partner buyouts)Size: • $7MM to $75MMTerm: • Typically three to seven yearsMarkets: • National
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