Residential

TriGate Capital Provides Preferred Equity for Class A Apartment Complex in Phoenix, Arizona

Phoenix, Arizona - TriGate Capital, a leading real estate investment manager, announced today its provision of preferred equity for the purchase of a Class A apartment complex located in Phoenix's vibrant Midtown submarket. The newly built property represents a prime investment opportunity in one of Phoenix's most sought-after submarkets.

TriGate Capital's decision to invest in this property was driven by the exceptional quality of the asset and discount to replacement cost. This strategic investment aligns with TriGate's commitment to TriGate Income Partners, which focuses on acquiring high-quality, cash-flowing properties in growing markets.

"TriGate is extremely excited about expanding its presence in Phoenix and within the multifamily sector,” said Jason Obenhaus, Executive Managing Director for TriGate Capital. “The Phoenix market continues to experience robust job and population growth, making it an attractive location for real estate investment."

This transaction marks TriGate Capital's inaugural investment from TriGate Income Partners, which was established last year to capitalize on opportunities in the real estate market. TriGate's ability to provide discretionary capital and move quickly to ensure the success of this investment demonstrates its commitment to delivering value to its investors.

For more information about TriGate Capital and its investment strategies, visit www.trigatecapital.com .

About TriGate Capital

TriGate Capital, LLC (TriGate) is a leading real estate investment manager focused on the recapitalization and repositioning of real estate assets and companies. TriGate is based in Dallas, TX and has completed investments throughout the United States. TriGate’s team has been responsible for acquiring over $2.6 billion of real estate assets through multiple types of transaction structures. The Company’s professionals have significant expertise in real estate operations, debt restructuring, and asset and company recapitalization.

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