T2 Capital Management LLC, a real estate firm headquartered in Wheaton, Ill., has announced the final closing of the T2 Opportunity Fund LLC, a $9 million contrarian real estate fund focused on short-term debt and equity investments in U.S. commercial properties.
According to the company, the fund will invest in privately negotiated transactions structured as senior debt, mezzanine debt, preferred equity, or combinations thereof. The fund will consider a range of property types – including office, retail, industrial, multifamily, hospitality, senior housing and self-storage – and will focus on relatively short-term investments and strive to deploy and return all investors capital within three years from the closing.
‘This hybrid debt and equity investment strategy, along with the ability to quickly deploy capital, differentiates us from conventional capital sources such as bank financing,’ says John Southard, a director at T2 Capital Management.
