Qualitas Construction Finance Fund

Real estate investment management firm Qualitas has announced it has raised $500m of institutional capital for the first fund of a multi-billion dollar construction finance program that will provide loans of up to $125m for residential and commercial development projects.

In a statement, the firm said: "The closed-end fund is a core part of Qualitas’ rapidly expanding real estate debt strategy that fills a gap created by a pull-back in bank lending. The new fund will provide capital at a loan-to-value ratio of up to 75% for projects that meet its robust risk assessment criteria."

Andrew Schwartz, group managing director of Qualitas, added: "Our new construction finance fund will provide a much needed source of capital to developers in a tight credit market, with a focus on quality projects in East Coast capital cities."

Qualitas Qualitas Construction Finance Fund Launched on 01 May 2017 Designed for Institutional investors. Find out more Industry Moves does not hold an AFS Licence and neither recommends nor endorses this product/service.