T2 Closes $28 Million Across Three Midwest Credit Deals
Wheaton, IL – T2 Capital Management, a fully integrated, private equity real estate investment firm with $1.4 bn+ AUM, celebrated the successful closure of three senior secured loans totaling $28 million across the firm’s key midwestern markets. These expeditious closures, all taking place this past month, demonstrate the firm’s ability to execute timely investments in a variety of market conditions.
“As persistent market volatility and looming inflation slow lending, T2 has stepped in to provide critical capital infusions to numerous partners,” said Dennis Jacobs, Chief Credit Officer at T2 Capital Management. “T2 continues to be a trusted, hands-on partner, delivering tailored capital solutions precisely when they are needed.”
Recent Transactions:
Nashville, TN
T2 provided a $5 million floating-rate senior loan to acquire a 15.3-acre multifamily site at 2433 Buena Vista Pike. The site, zoned for 120+ residential units, was purchased out of bank foreclosure at $7.5 million—less than half of its recent appraised value.
St. Paul, MN
T2 provided an $8 million floating-rate senior loan to finance the acquisition of Prior Works, a 338,421 SF mixed-use “Urban Flex” campus in the Midway neighborhood. The property is 82% leased to 50 tenants and was purchased at a distressed basis from an out-of-market owner.
Chicago, IL
T2 provided a $15 million senior bridge loan to recapitalize a multi-tenant retail center at 1953 N. Clybourn in Lincoln Park. The loan supports the owner’s business plan and enhances financial flexibility that was previously lacking.
These recent closings reflect T2’s balance sheet lending strategy and its ability to deliver fast, tailored capital solutions in diverse markets.
ABOUT T2 CAPITAL MANAGEMENT
Headquartered in Wheaton, Illinois with a second location in Nashville, T2 was founded in 2011. As a fully integrated real estate investment firm, T2 provides multiple investment strategies that cover each aspect of the capital stack within commercial real estate. T2 actively pursues acquisition and development opportunities in the student housing, multifamily, and build-to-rent space within select domestic growth markets. Through a separate business line, the firm also acts as a balance sheet lender having capitalized hundreds of projects nationwide.