DENVER, CO. – April 15, 2019 – JCR Capital, an alternative investment manager focused on middle-market commercial real estate investments, today announced it invested $93.8 million across nine investments, including debt and equity investments, during Q1 2019. The closings were completed across JCR Capital’s Fund III, Fund IV and its debt separate managed accounts.
Investments closed by JCR during Q1 include:
-$32.3M preferred equity investment in a 300-unit multifamily property in Tampa, Florida
-$17.0M preferred equity investment in a 193,000 sf industrial property in Mount Pleasant, Wisconsin
-$10.8M senior loan for a 180,845 sf retail property in Richmond, Virginia
“Our Q1 closings serve as a testament to the enduring strength of our middle market strategy,” said Jay Rollins, President of JCR Capital. Mr. Rollins added, “By focusing on unique opportunities with strong value-add potential, we continue to pursue a defensive strategy aimed at protecting our investors’ principal in a market that is close to fully valued, while still preserving our ability to generate attractive returns.”
The firm has approximately $1.1 billion in assets under management through both its debt and equity investment platforms.
About JCR Capital
JCR Capital is an alternative investment manager that provides capital solutions to middle market commercial real estate sponsors. Investing on behalf of insurance companies, public pension funds, endowments, foundations, family offices and high-net worth individuals, JCR Capital partners with sponsors whose transactions are in need of financing but are under-served by institutional capital. For more information, visit jcrcapital.com/.
Disclaimer:Nothing herein is an offer to sell any security which can only take place upon receipt of offering documents. Closed investments referenced are not a complete list of JCR closed investments. All investments have risk of loss, including loss of principal. Attractive returns refers to attractive gross risk-adjusted returns on investments. All investments have risk of loss including loss of principal. Assets under management represents both regulatory assets under management and non-discretionary assets under advisement.
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