Portfolio Management
As a company, our ability to maintain the right mix of products and programs is critical to our success. Portfolio Management - the second prong of our strategy - is an indispensable component of creating industry leadership. We excel in developing innovative capital products designed to provide creative solutions to our borrowers while still delivering superior risk adjusted returns to our investors.
Once a loan is approved and closed, Tremont's
Portfolio Management team further builds its relationship
with our borrowers throughout the investment cycle.
Having become intimate with each asset's business plan prior
to loan closing, Tremont's portfolio management team continues
to work closely with property owners to ensure the project
is on target with its business proforma, responding quickly
to market changes and other events that may otherwise derail
an asset.
Tremont currently manages multiple funds
and programs with finite lives or limited and specialized
target investments.
Tremont Subordinated Loan Fund I
Tremont manages Tremont Subordinated Loan Fund I, a $120 million income fund. Loan Fund I targets value-added bridge loans that are expected to aggregate to a total portfolio of approximately $300 million in whole bridge loans. Loan Fund I seeks investments to 80-90% loan-to-value, primarily in office, retail, multifamily, and industrial assets ranging from $10-80 million in capitalization.
Boylston
Investment Fund
Tremont manages a private real estate debt
fund seeking opportunistic returns on mid-market transactions.
This fund is a JV between Tremont and a NY- based hedge
fund and targets $100-150 million annually.
Tremont
GRE Fund
Tremont manages a national mezzanine debt
program for Guggenheim Real Estate Partners, an open ended
fund with about $3 billion in assets. This program is designed
to fund $25-75 million annually in stabilized mezzanine
loans.
Tremont
Morgan RV Fund
Tremont manages a private equity fund that
targets specialized real estate assets for turn around scenarios.
Fund investors are high net worth individuals. This fund
is fully invested and the currect portfolio consists of
twelve assets with a total value in excess of $100 million.
The overall target yield for this equity fund is 20-30%.