Markets seeking capital that are underserved by traditional banks could get a boost from a new fund launched this week by JB Capital.

The alternative credit manager has launched its Real Estate Lending Income Fund, which will provide capital to professional owners, operators and developers of multifamily and industrial real estate assets.

Jeremy Hill, founder, JB Capital, said in prepared remarks that he believes that continued consolidation in conventional lending, paired with the growing need for equity alternatives and flexible financing solutions will continue to expand this need from non-institutional borrowers.

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