Liberty SBF, a Los Angeles-headquartered alternative lender, has launched Liberty Credit Opportunities Fund I LP, with a target raise of $100 million to be focused on small balance commercial real estate credit opportunities in owner user / SBA loans and multifamily bridge and preferred equity.
The fund intends to make quarterly income distributions and expects to return investor capital within four years. Liberty’s fund will target net returns in the mid to high teens through investments ranging from $1 to $15 million across various commercial real estate sectors.
“The launch of this fund vehicle is a natural evolution of Liberty’s proven strategy over the past 14 years, having been capitalized by private equity and managing fund-like SPVs in the past,” said Alex Cohen, CEO and co-founder of Liberty. “Our deep expertise in small balance commercial real estate lending, combined with our nationwide origination platform and strong asset management approach positions us perfectly to capitalize on the current market opportunity.”
Liberty also announced the addition of Zev Nagel as managing director of investment funds. Nagel was previously chief administrative officer at Decron Properties Corp., a diversified real estate investment firm.
