Our Strategy
PCCP invests across the capital stack in both debt and equity investments. We approach all of our investments from a credit mindset to preserve our clients’ capital in addition to generating compelling risk adjusted returns.
We differentiate ourselves by having the same team of originations professionals and a single investment committee originate and approve both debt and equity investments.
We differentiate ourselves by having the same team of originations professionals and a single investment committee originate and approve both debt and equity investments.
Equity investing
PCCP invests equity capital in joint ventures with third party real estate investors and operators. Investment opportunities typically pursued include physical repositioning, rehabilitation and redevelopment, recapitalizing impaired financial structures, discounted purchases of inefficiently marketed or distressed situations, high barrier-to-entry, complex situations, and select development opportunities.
Typical Joint Venture Equity program
Investment Amount:
$15 Million to $100 Million
Investment Horizon:
Up to 7 years
Product Type:
Office, Industrial, Multi-family, Rental, Hotel
Geography:
Major MSA’s in the
United States
Investment Strategy:
Acquisition,
Lease-up,
Repositioning,
Redevelopment,
Select Development
Additional Highlights
- Over $11.7 billion in equity investments managed across 525 transactions <<< does not double count co-invest deals, includes Equity Advisory relationship (CalPoint)
- Strong annual pipeline of value-added equity investments, from partially stabilized to development
- PCCP has invested in equity across multiple cycles, with extensive workout experience
- Capable of underwriting complex situations and closing quickly
Debt financing
PCCP originates senior and mezzanine loans secured by commercial real estate. PCCP loans fund value-add business plans, including loans to lease-up and stabilize assets, loans on properties that are being repositioned in the market, construction loans, loans on vacant buildings, and loans for discounted payoff and discounted note acquisitions. We also originate permanent loans on stabilized properties.
Typical Senior & Mezzanine Debt Program
Investment Amount:
$20 Million to $300 Million
Investment Horizon:
Up to 10 years
Product Type:
Office, Industrial, Multi-family, Retail, Hospitality, Land, Residential
Geography:
Major MSA’s in the
United States
Investment Strategy:
Stabilized,
Acquisition,
Lease-up,
Repositioning,
Redevelopment,
Development
Additional Highlights
- Over $29.9 billion in loans managed in 721 transactions <<< total managed deals; excludes transferred PCAL Core deals
- Strong annual pipeline of debt investments, from senior loans to mezzanine
- Invested in debt across multiple cycles, with extensive workout experience
- Able to underwrite complex situations and close quickly