Atlas Real Estate Partners has launched a lending platform focused on small-balance first mortgage loans.
The $1.8bn (£1.3bn) real estate investment firm said it aims to raise a $150m fund through the A4 Credit Partners platform.
The fund will be used to originate a portfolio of first mortgage loans, primarily targeting financing under $4m within the $200bn transitional debt market.
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The platform will focus on underserved borrowers in high-demand East Coast and select sunbelt markets, the firm said. Atlas added that the platform offers short-term, asset-backed financing, including fix-and-flip loans.
“The launch of A4 Credit Partners marks a significant expansion into a niche lending market that is increasingly underserved,” said Arvind Chary, managing partner and co-founder of Atlas Real Estate Partners and co-founder of A4CP.
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Atlas Real Estate Partners is a multifamily owner-operator and developer based in New York and Miami.
“Having led similar lending platforms, I understand what borrowers expect from private mortgage lenders: clear underwriting guidelines that allow for quick closing timelines, surety of execution and attractive rates,” said Nick Marcello, managing partner of A4CP. “A4CP is designed to deliver predictable capital in a market where reliable financing is often scarce, expensive, or volatile.”
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