Keystone’s credit platform provides flexible financing solutions across the capital stack—from senior loans to structured equity. We specialize in situations where speed, creativity, and certainty of execution are critical.
Whether originating directly or acquiring loans on the secondary market, we provide capital to developers, sponsors, and institutions seeking tailored real estate financing.
Loan Types:
- Bridge Loans
- Construction Loans
- Predevelopment Financing
- Condo Inventory Loans
- Mezzanine and Sub-Debt
- Preferred Equity
- Note Acquisitions (Performing and Non-Performing)
Investment Parameters:
- Minimum deal size: $30M; construction from +$50M
- Leverage: Up to 85% LTC/LTV (can exceed for pref/mezz)
- Rate: SOFR + 300 bps and up; most active SOFR + 500 bps and up
- Returns: +13% minimum gross returns, increases with higher position in the capital stack
Execution Edge:
- Institutional partnership with programmatic capital backing
- Full control of underwriting and execution process
- Ability to close in short timeframes with certainty
- Willingness to engage in higher complexity or special situations
