SKW Funding, Bain Capital Credit form J.V. to target distressed real estate

SKW Funding and Bain Capital Credit LP said July 16 that they have formed a joint venture to target sub- and non-performing notes. The J.V. is seeking $500 million of acquisitions over the next two-and-a-half years. The J.V. has acquired a $27 million portfolio of four non-performing notes secured by 652 garden-style apartment units in San Antonio, Texas.

17 July 2019•3 mins read
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