Churchill Real Estate racks up $2bn

Churchill Real Estate, a real estate investment firm, has secured a $2 billion investment.

Churchill Real Estate, a real estate investment firm, has secured a $2 billion investment. The backers were unnamed institutional foreign investors. Based in New York City and Charlotte, North Carolina, Churchill currently has more than $1.3 billion in assets under management.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–Churchill Real Estate, a real estate investment firm focused on real estate debt, equity, and distressed opportunities in the United States, today announced it has secured $2 billion in investment capital. The investment commitment reflects the strength of the firm’s residential transition lending (RTL) portfolio, real estate investment expertise and excellent track record, while affirming the healthy lending opportunities that exists in the RTL space.

“This transaction positions Churchill to expand our ability to capitalize on the burgeoning real estate market opportunities related to RTL, which include investor-purpose debt, bridge funding, fix-and-flip financing, condo inventory, and new construction loans,” said Travis Masters, Managing Partner, Churchill Real Estate. “The transaction is a testament to our combined expertise and overall knowledge of the industry which promotes the return profile our partners have come to expect from investing with Churchill. It is a really exciting time for Churchill and we look forward to expanding our business in a prudent and risk mitigated way.”

The newly committed capital, which comes from institutional foreign investors and has an investment grade rating, will serve as a discretionary funding vehicle that can be made available for investment across any of Churchill’s real estate lending and investment portfolios. Based in New York City and Charlotte, N.C., Churchill currently has more than $1.3 billion in assets under management.

The commitment by multiple institutional investors reflects strong confidence in the investing expertise and risk management capabilities of Churchill partners Justin Ehrlich, Sorabh Maheshwari, Travis Masters and Derrick Land who have successfully invested and managed more than $1 billion across multiple real estate investment strategies. Throughout the COVID-19 pandemic, Churchill has maintained investor confidence further solidifying the firm’s ability to deliver returns and capitalize on RTL opportunities.

About Churchill Real Estate
Churchill Real Estate (“Churchill”) is a real estate investment firm formed in 2014 to capitalize on United States real estate debt, equity, and distressed opportunities. The firm’s Principals have over 100 years of combined real estate experience with strong track records of investing and asset managing billions of dollars in US real estate. Churchill was founded to take advantage of bespoke, point-in-time opportunities throughout real estate market cycles with primary focus on downside protection while optimizing risk adjusted return. Churchill’s value proposition is centered around the breadth and depth of experience of its management team as well as its development of proprietary technology platforms. For more information or to learn more about our private equity real estate investment opportunities please visit our website.