The Preferred Equity program offered by Trinity Street Capital Partners (TSCP), allows real estate investors and developers an opportunity to maximize their investment opportunities by injecting smaller portions of their equity on hand and leveraging it with preferred equity from Trinity Street Capital Partners.
Property types include the following: multifamily, student housing, senior housing, manufactured housing, build for rent, office, retail, industrial, self storage and hotels.
Preferred equity allows a sponsor to preserve primary ownership interest in and control in a property, with a cost-effective alternative to utilizing partners. Preferred equity is available up to 85-90% of the capital stack, subject to project and market economics.
Minimum Investment Amount:
$5MM and up
Hold Period:
3-10 years
Property Types:
Commercial and Residential
Loan-to-Value / Cost:
Up to 90% of appraised value/ cost
Dividend Rates:
9-13%
Origination fee:
1% and up
Exit Fee:
None
Prepayment Penalty:
12-24 months.
Geography:
All 50 states
The firm gives priority to equity opportunities where TSCP is supplying debt.
