NEW YORK, NY, October 17, 2023 – Crayhill Capital Management LP (Crayhill), a New York-based, minority-owned private credit manager focused on asset-based investments, announced the closing of a $50mm capital facility with E2M Ventures (“E2MV”), a real estate investment firm focused on middle market debt and equity.
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Term loan facility used to fund private lender’s origination of covered land loans to developers and sponsors in the northeast U.S.
New York, July 18, 2022 – Crayhill Capital Management, a New York-based, minority-owned private credit manager focused on asset-based investments, announced today the close of a $100mm credit facility with Fort Amsterdam Capital, a New York-based, vertically-integrated real estate lender. The facility will be collateralized by both land and commercial real estate properties in the Northeast Corridor.
Fort Amsterdam Capital has deployed in excess of $200 million in debt investments across more than 40 transactions since launching in 2015. The firm focuses on high yield bridge loans collateralized by multifamily, mixed use, hospitality and other property types in top MSAs across the United States, with a focus on the Northeast region.
The facility, which has a two-year term, will primarily support the issuance of covered land loans ranging in size from $10-50 million.
Sloan Sutta, Managing Director and Head of Structured Real Estate at Crayhill said, “We have incredible respect for David and the Fort Amsterdam team and are excited to provide them with this credit facility to enable the continued development of their business. This type of bespoke, flexible facility for a growing sponsor with a differentiated investing approach is exactly the type of situation where we are best positioned to be a value-added partner to a borrower. We are proud to support Fort Amsterdam’s continued success.”
“We are thrilled to be working with such a collaborative and thoughtful capital partner in Crayhill,” commented David Schwartz, Managing Partner of Fort Amsterdam Capital.
“Our two firms have similar fundamental approaches to real estate credit investing and both see a compelling market opportunity in the current rising rate environment. We look forward to utilizing this capital to expand our business and accelerate our growth.”
About Crayhill Capital Management
Crayhill Capital Management is a New York-based, minority-owned alternative asset management firm that specializes in asset-based investment opportunities. The firm was launched in August 2015 and is registered with the U.S. SEC as an investment adviser. Crayhill strives to deliver capital solutions through tailored financing structures. Its asset- based investment strategies draw on deep sector expertise and relationships throughout the structured finance and specialty finance markets. For more information, please visit https://crayhill.com or email info@crayhill.com.
About Fort Amsterdam Capital
Fort Amsterdam Capital is a seasoned real estate debt platform that originates short- term, high yielding bridge loans ranging in size from $5 – $100mm in the top MSAs across the United States with a focus on the Northeast Corridor.
TORONTO, April 20, 2022 — QuadFi, a mission driven global fintech firm headquartered in Canada, today announced that it has entered into an agreement for a new financing facility of up to US $100M (CAD $127M) with Crayhill Capital Management, a New York-based minority-owned private credit manager.
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Article originally published in TechCrunch
Globalization has been one of the biggest trends in e-commerce in the last decade: internet rails facilitate a much wider marketplace of would-be consumers and a selection of items for them to buy; and to meet that demand manufacturing and logistics have also made great geographical leaps.
Urban Grid, one of the largest U.S. greenfield renewable energy project developers, announced today that it has expanded and extended its partnership with Crayhill Capital Management, a New York-based, minority-owned private credit manager focused on asset-based investments in the renewable energy sector.
Article originally published in PR Newswire
Integrated generation management and financial services platform combines project financing and generation together into a single offering.
Crayhill Renewables, the Nashville-based renewables affiliate of Crayhill Capital Management, and Exelon Generation Company, LLC, doing business as Exelon Power Services, operator of more than 30 gigawatts of generation assets, announced today a comprehensive lifecycle management program designed to support renewable energy projects by offering end-to-end financing and operational services.
Article originally published in PR Newswire
NEW YORK, Sept. 8, 2021 /PRNewswire/ — Crayhill Capital Management, a New York-based, minority-owned private credit manager focused on asset-based investments, today announced the final close of Crayhill Principal Strategies Fund II (“Principal Strategies II”) with approximately $820 million of capital commitments.
Article originally published in PR Newswire
NEW YORK, July 1, 2021 /PRNewswire/ — Crayhill Capital Management LP, a New York-based private credit manager and asset-based investor with a strong focus on renewable energy investments, announced today the appointments of Erick Bauman and Ben Snydacker as Managing Directors of a newly-formed affiliate, Crayhill Renewables LLC, based in Nashville, TN.
Article originally published in Power Finance & Risk.
Editor’s Note
Reports of the death of the long-term investment grade utility power purchase agreement, settled at the busbar, may have been a tad exaggerated. Read More
Irvine, CA – Sunpin Solar, a leading developer of commercial and utility-scale solar and energy storage projects, today announced that it has closed a senior secured revolving loan facility (the “Facility”) for up to $50 million with Crayhill Capital Management LP (“Crayhill”), a New York-based private credit manager and asset-based lender with a strong focus on Environmental, Social and Governance (ESG) investments.
Jihane Hassad
