Preferred Equity

Capital that fills the gap between debt and common equity.

JREA places preferred equity into transactions where operators need additional capital above the senior loan without giving up further common equity. Investments are sized to the deal, structured with downside protection, and reserved for operators and assets we can underwrite in depth. Recent placements include multifamily portfolios, mixed-use developments, and ground-up projects across New York, Connecticut, and the Bronx.