Eightfold Real Estate Capital® focuses on investments in below-investment-grade commercial mortgage backed securities (“CMBS”) in the new issue and secondary markets and other commercial real estate debt and equity opportunities.
Through eleven discretionary closed-end funds, Eightfold manages real-estate-related assets on behalf of its partners.
Eightfold Real Estate Capital, LP, was founded in early 2012 by former senior executives of a leading investor in below-investment-grade CMBS and special servicer of CMBS loan pools. The Eightfold principals collectively managed a commercial real estate debt business involved in the sourcing, underwriting and investment in high-yielding real estate loans and securities and the management of the nation’s largest special servicing platform, responsible for the workout of defaulted mortgage loans in CMBS pools. Eightfold has been an active participant in the new issue CMBS B-piece space since formation and has dedicated capital to continue investing in the space.
Given the perspectives of the Eightfold principals in the realm of credit, loan workouts and property management and dispositions, Eightfold also invests opportunistically in commercial real estate debt and equity. Eightfold has deployed capital alongside local operating partners across a variety of commercial real estate markets, asset classes and deal structures, each with a different set of circumstances and challenges to be addressed through the execution of a customized business plan for each asset.