Earl Smith

New York, NY–Capital One announced its unitranche loan program, which focuses on the commercial and healthcare real estate sectors, has partnered with Kayne Anderson Real Estate as its co-investor. Through Structured Real Estate Capital, LLC, the program provides borrowers with first lien unitranche loans.

A unitranche loan mixes senior and junior debt pricing and terms into a single first lien debt facility rather than creating two classes of debt and coordinating among various lenders. Borrowers typically benefit from a single lending entity and blended interest rate. The also product will allow clients to quickly close financings, said Earl Smith, Head of Strategic Investments Group, Capital One Commercial Banking.

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