In today’s conservative lending environment, private debt is naturally increasing its share of the lending market(s), particularly of construction and bridge loans. For accredited investors, this provides a unique investment opportunity in structured credit vehicles that deliver high-yield, risk-adjusted returns relative to more traditional means of investment in commercial real estate.

Joel Poppert, Founder of Sasquatch Capital, and Co-Founder and Partner at Imperial Ridge Real Estate Capital, has been at the forefront of this space since 2016. Imperial Ridge, a boutique private equity firm, specializes in the direct lending of first-position construction and bridge debt, catering to lower to middle market commercial real estate developments across the United States. Small by design, Imperial Ridge upholds robust underwriting standards, lending only into opportunities with strong economics and experienced, financially stable sponsors. In addition, the majority of Imperial’s loans are paired with C-PACE financing, providing quantified Environmental, Social, and Governance (ESG) benefits for the investment.

These credit vehicles consist of private, leveraged first-position construction or bridge loans with maturities ranging from 2 to 5 years and are structured to deliver yield within 3 to 6 months of your initial investment. Investments are made through limited partnership positions, featuring an attractive preferred return waterfall structure in individually syndicated, structured loans.