News: Owners Developers & Managers

A10 Capital with Crayhill closes $200 milllion capital facility for loan originations

Sloan Sutta

Manhattan, NY A10 Capital LLC (A10), a nationwide direct lender and rated servicer of bridge and life company commercial real estate loans, has closed on a $200 million capital facility with Crayhill Capital Management LP (Crayhill), a New York asset-based private credit manager, in support of a new loan origination venture. 

“We are proud to back A10 Capital as they continue to scale their market-leading origination platform,” said Sloan Sutta, managing director at Crayhill. “A10 is well positioned to capitalize on opportunities in the middle market commercial real estate space through its disciplined approach to credit selection and deep sector-level expertise.” 

The venture will focus on originating middle market commercial real estate bridge loans in the United States between $5 and $50 million. The new vehicle’s capitalization, with capital from A10 and Crayhill, combined with traditional senior financing, is expected to facilitate the origination of over $1 billion of commercial mortgage loans. 

“We are excited to close this venture with Crayhill Capital Management,” said Tim Geraghty, A10’s chief investment officer and president, investment management. “The transaction allows A10 to effectively leverage its origination and servicing platform.” 

“This venture puts A10 Capital on a new trajectory, complementing our balance sheet capital, diversifying our funding sources and providing significant additional capacity for origination growth,” A10’s chief executive officer, Anuj Gupta said. 

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