WHEATON, Ill.—T2 Capital Management, a fully integrated, private equity real estate investment firm with $1.4 bn+ AUM, has expeditiously closed a $27 million loan to recapitalize a distressed 240-unit multi-family property in suburban Detroit, MI.
The borrower, a longstanding client of T2, faced rising capital costs due to floating-rate debt, insufficient funds for property improvements, declining occupancy, and increasing pressure from their lender. T2 intervened by providing critical capital to pay off the debt, buy out a capital partner, and allocate reserves for necessary improvements, ultimately enabling the property to be re-stabilized and securing its future.
“At T2, we take great pride in our long-term relationships and are honored to provide rescue capital when it’s needed most . It speaks volumes about the trust our clients have in us that they turn to us for support during critical times,” said Dennis Jacobs, Chief Credit Officer at T2 Capital Management. “We’re committed to filling a market gap for lenders to help recapitalize deals and provide the time and stability that’s so often needed.”
Amid ongoing macroeconomic uncertainty and volatility across capital markets, T2 remains a trusted, hands-on partner—ready to deliver tailored capital solutions for evolving financing needs. Multiple similar recapitalizations are already in the queue, reflecting strong demand for T2’s responsive and strategic approach.
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.