A10 Capital, a middle-market commercial real estate lender, received follow-on investment from BlackRock and THL Credit (NASDAQ: TCRD).
The amount of the transaction was not disclosed.
The company intends to use the funds to further enhance its commercial mortgage products and to expand its sales and marketing activities.
Led by CEO Jerry Dunn, A10 provides commercial real estate investors with a balance sheet lending platform for middle-market commercial mortgages. Its menu of bridge, perm, bridge-to-perm, and note purchase loans cover the entire life cycle of commercial properties across the United States.
With loans ranging from $1 million to more than $20 million per property, A10 has funded nearly 26 million square feet of commercial properties.
The company is based in Boise, ID and Dallas, TX and have regional offices in Annapolis, MD; Darien, CT; Indianapolis, IN; Kansas City, KS; Nashville, TN; Newport Beach, CA; Orlando, FL; Philadelphia, PA; and Princeton, NJ.
FinSMEs
24/09/2015