Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-Inlet Capital Management and Kent Swig are partnering on a venture to seek out opportunities in real estate debt and equity, and Inlet’s Keith Locker tells GlobeSt.com it hopes to begin making investments within 30 days. The venture will also provide real estate investment banking and advisory services through Swig’s HelmsleySpear Capital Advisors. To that end, Swig has bought an interest in Inlet Capital, which is now affiliated with Swig Equities and HelmsleySpear.

The venture’s new vehicle, Inlet Real Estate Finance L.P., is currently raising funds to invest in public and private real estate debt securities, especially REIT debt. Locker, president and CEO of Inlet Capital, tells GlobeSt.com the fund aims to raise a minimum of $100 million. Future funds will focus on opportunistic real estate and whole and sub-debt secured by commercial real estate, including mezzanine debt.

In a release, Locker says Inlet Capital “will continue to take advantage of opportunities in public and private real estate debt and equity markets, including REIT securities and commercial real estate loans. Forced selling of performing loans and other assets, combined with distress in the capital markets, present a historic opportunity to invest.” He adds that while Inlet Capital provides a platform to advise both institutional and high net worth individuals on real estate debt investments, “our new relationship with Swig Equities and HelmsleySpear will help us to expand our private equity capabilities, as well as financial and capital advisory, and restructuring and related services.”

Swig says in a statement that the partnership represents “a logical expansion of our services to real estate investors and owners. By extending our platform to Inlet Capital’s clients, which is complimentary with our other businesses, we shall better serve our existing clients as well as those clients of Inlet Capital.”

Locker will concentrate his efforts in the partnership on new business origination, capital raising, asset management and other corporate opportunities, according to a release. Managing directors Craig Richards, Majid Geramian and Bryce MacDonald will work on investment management, private equity, financial and capital advisory and restructuring and related services.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.