JCR Capital has formed two real estate opportunity funds to take advantage of the current credit market dislocation through debt and/or equity investment strategies.
The formation of the private capital platform is concurrent with JAM Equity Partners LLC making an equity investment in JCR and receiving a minority ownership position in the company.
The new platform will begin executing its strategies via two funds: a debt opportunity fund focused on current yield, and a distressed-asset fund focused on capital appreciation.
JCR Capital will serve as manager and general partner of the funds. According to Jay Rollins, JCR Capital managing principal, JCR's investment focus will be to provide superior risk-adjusted returns by benefiting from current market conditions, including dislocation of the credit markets, defaults on maturing commercial real estate loans and a decline in commercial real estate values.
Â "Not only is JAM our new institutional equity partner, it is an established, highly successful money manager that will provide great assistance in identifying and securing sound investments for the funds," says Rollins. "With JAM onboard, we see tremendous opportunities for our investors."
SOURCE: JCR Capital