Investment Approach

The instrument
is built around
the situation.

Surent Capital does not arrive with a fixed product to sell. We arrive with a set of tools - each designed for a different dimension of real estate capital need - and we build the right solution for the specific situation in front of us.

Instruments

Bridge
Lending

Short-term, asset-backed capital deployed when a transaction requires immediacy and the long-term financing solution is identifiable but not yet executable. Bridge positions allow sponsors to close, stabilize, or reposition an asset before moving to permanent capital - without sacrificing the opportunity in the interim.

Surent Capital's bridge positions are underwritten on the asset's as-is and as-stabilized value, the sponsor's execution track record, and the clarity of the exit. We do not require sponsorship profiles that fit a template. We require situations where the capital gap is clear, the asset is defensible, and the path forward is defined.

Term
6 - 24 months
LTV
Up to 75% as-is
Timeline
7 - 21 days to close
Asset types
Multifamily, mixed-use, commercial, land

Construction
Capital

Structured capital for ground-up development and major renovation projects where the construction timeline, cost certainty, and exit underwriting require a lender who understands the development process - not just the balance sheet.

Surent Capital's construction facilities are structured around the project's draw schedule, cost-to-complete analysis, and market absorption assumptions. We engage construction professionals as part of our diligence process, and we structure disbursements that align with milestones - protecting both the sponsor's capital and ours.

Term
12 - 36 months
LTC
Up to 80% of total cost
Structure
Draw-based disbursement
Asset types
Residential, mixed-use, hospitality

Mezzanine
& Preferred

Subordinate capital positions that fill the gap between senior debt and equity - allowing sponsors to optimize their capital stack, reduce equity requirements, and increase returns on invested capital while maintaining control of the asset.

Surent Capital's mezzanine and preferred equity positions are structured around the senior lender's intercreditor requirements, the sponsor's waterfall economics, and the specific risk profile of the junior position.

Position
Junior to senior debt
Return
Structured by situation
Control
Non-dilutive to sponsor
Intercreditor
Negotiated as required

Situational
Capital

Bespoke capital structures for situations that do not fit a defined instrument. Distressed acquisitions, note purchases, deed-in-lieu scenarios, bankruptcy-adjacent situations, partnership restructurings - circumstances where the capital need is real but the structure has no precedent in conventional lending.

Surent Capital approaches these situations with legal and financial rigor, a clear view of the risk-adjusted return, and the creativity to build structures that protect our capital while enabling the sponsor's outcome. These engagements are by referral only.

Structure
Bespoke to situation
Access
Referral only
Minimum
$2M
Geography
Continental US
Deployment Parameters

Where we deploy.
What we require.

These parameters represent our primary deployment range. We evaluate situations on a case-by-case basis, and exceptional situations may fall outside these ranges.

$1M
Minimum loan size
$25M+
Maximum single deal
75%
Max LTV (bridge)
14 days
Target close timeline
50 states
Geographic reach
100%
Principal decisions