RMWC

Thesis

RMWC is a New York-based investment adviser focused on private credit and real estate debt, providing capital for acquisitions, developments, and refinancings across the United States. Their core strategy involves originating short-term, first-lien, low LTV bridge loans for seasoned real estate equity sponsors, and also investing in smaller private credit sectors for potentially higher risk-adjusted returns. They emphasize a relationship-driven origination model, with a significant portion of deals coming from referrals. RMWC Lending Fund V is targeting $800 million to $1 billion in commitments. As of November 15, 2021, they had financed over $3.05 billion in transactions since 2008. Their loan programs range from $2 million to $30 million for subordinate debt and preferred equity, and $15 million to $70 million for Fund IV deployed capital. Their 'sweet spot' for checks is typically $5 million to $20 million, potentially up to $25 million. The firm's geographic scope is national, focusing on Top 30 metropolitan markets across the US, and they cater to a wide range of property types.