- TriGate seeks to identify and capitalize on opportunities driven by recent capital markets turmoil and a broad economic slowdown
- Undisciplined commercial real estate lending coupled with a recessionary economic environment has led to massive pressure on lenders and borrowers
- Investment opportunities emanate from capital structure imbalances resulting from a re-pricing process that is well underway
- TriGate is focused on sourcing attractive risk-adjusted investments in the following key areas:
- Real Estate Loans
- Acquire discounted performing, sub-performing and/or non-performing mortgage loans and loan portfolios from financial institutions and government agencies
- Purchase loans outright or venture with sellers in structured transactions thereby allowing the seller to retain upside
- Draws on the principals' experience and expertise in distressed debt and work-outs
- Financial Restructuring
- Owners of commercial real estate assets or companies seeking to recapitalize due to excessive leverage
- Provide capital to assist in consummating a discounted payoff of the existing debt or in exchange for debt modifications or write-downs by the lender
- Real Estate Assets
- Acquire real estate assets at attractive prices from distressed/motivated sellers
- Focused on value benchmarks such as pre-bubble pricing parameters, replacement cost, current cash yields and the ability to withstand further value declines
- Will purchase direct or in partnership with quality sponsors on a promoted basis
- Depending on the type of investment, TriGate has the flexibility to invest in a variety of structures including: i) project level capital; ii) entity level capital; and iii) mezzanine debt and preferred equity
- TriGate targets investments requiring $3 to $30 million of capital, but has the capacity to complete larger transactions
