Maverick amasses over $230m for new NYC real estate credit fund

Maverick Real Estate Partners LLC has raised over $230 million for its sixth fund.

Maverick Real Estate Partners LLC has raised over $230 million for its sixth fund. The fund will invest in real estate credit opportunities in New York City.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–Maverick Real Estate Partners LLC (“Maverick”) held the initial closing of Maverick Lien Fund VI LP (the “Fund”), with commitments of over $230 million from pension funds, endowments, foundations, and family offices. The Fund’s strategy is to invest in real estate credit opportunities within New York City.

“New York City’s population density generates a gravitational force that attracts capital, businesses, talent, and tourists on a massive scale. When managed properly by a prudent government, this density becomes a virtuous cycle that over time has led to infrastructure, ideas, culture, and value creation that are the envy of the world,” said David Aviram, Maverick’s Co-Founder and Principal. “We therefore do not underestimate the robustness that New York has historically and routinely displayed in response to pandemics, terrorist attacks, financial crises, and natural disasters – growing back stronger than before.”

About Maverick Real Estate Partners
Maverick Real Estate Partners is a New York based registered investment advisor focused on investing in opportunistic real estate credit. Founded in 2010 by David Aviram and Ted Martell, Maverick invests through a series of institutionally backed private equity fund vehicles. With over $500 million in assets under management, Maverick has been one of the most active liquidity providers for banks and private lenders in New York City for over a decade.