JADE Financial Partners

Overview

JADE Financial Partners is a real estate investment firm specializing in preferred equity and mezzanine debt strategies. With over 75 years of combined experience, the JADE team has a proven track record. Since 2007, the team has acquired more than $2 billion in assets, comprising over 35,000 multifamily units and 1.5 million square feet of commercial space, and has originated and arranged over $10 billion in commercial debt. Their investment platform targets opportunities resulting from rapid interest rate moves and subsequent dislocation in property valuations, focusing on providing preferred equity and mezzanine financing to fill gaps in the capital structure of multifamily sponsors facing valuation declines and refinancing challenges. JADE's strategy concentrates on opportunities where preferred equity and mezzanine financing offer existing common equity more flexibility to withstand an elevated interest rate environment while lowering the weighted cost of debt. Their general investment terms include check sizes ranging from $2 million to $10 million per transaction, terms up to 3 years, leverage up to 90% loan-to-value (deal-specific), rates of 15% or more (comprising current and actual components), nationwide geography, and a focus on existing multifamily assets.