HUNTSVILLE, Ala., Sept. 8, 2015 /PRNewswire/ -- Gauntlet Private Investments, a real estate-focused private equity firm, announced today that it has secured a $12 million commercial mortgage-backed securities loan for a portfolio of retail properties located in Huntsville, Ala.
The portfolio consisted of 10 properties, two of which had assumable mortgages in place. The properties varied in condition and occupancy, and varying lease maturity dates further increased the level of complexity of the deal.
Gauntlet Private Investments secured financing utilizing life settlement policies as part of the equity for the transaction. We believe it is the only boutique investment banking firm in the U.S. arranging financing including policies in any capacity. The firm is equipped to assist or invest in all levels of the capital stack and is quickly becoming one of the most competitive go-to firms in the country for assisting borrowers in unique situations.
"Most lenders we spoke to were highly perplexed," said Michael Clinton, founder of Gauntlet Private Investments. "They had never seen anything like it and were not equipped to handle such complexities. We had to first educate the lenders, and then assist in underwriting."
Founded in 2008, Gauntlet Private Investments is an investment banking firm focused primarily on the acquisition of commercial real estate assets, developments and new ventures. Secondarily, the firm provides best in class financial structures for challenging projects that require extensive experience, superior resources and a highly customized approach.
The firm, whose motto is "Meeting Capital Challenges, Daily," has completed or provided in excess of $100 million dollars in capital investment with substantially higher aggregate transaction value. The firm was formerly known as Gauntlet Commercial Real Estate Capital and changed names when it changed directions to include private equity investments alongside providing bridge loans for commercial assets.
Gauntlet Private Investments is headquartered in Los Angeles. For more information, please email or visit www.gauntletpi.com.
For more information contact
Michael Clinton, Founder
Phone: (213) 223-6353
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SOURCE Gauntlet Private Investments