Welcome to CastleSquare's Mandate Gallery
Proceeds: $9,600,000
Mandate: JV Equity
Location: Dayton, OH
Asset Class: Multifamily & Townhomes
Strategy: Acquisition
Date: June 2, 2025
Quote: 80/20 JV Equity
Proceeds: $8,750,000
Mandate: Co-GP Equity + Senior Debt
Location: Boston, MA
Asset Class: Mixed-Use Multifamily
Strategy: Land Acquisition & Pre-Dev.
Date: June 2, 2025
Quote: 75/25 Co-GP Equity in the amount of $2,250,000 + $6,500,000 Local Bank Debt for land acquisition and remaining pre-development costs. Co-GP equity to roll into vertical.
Proceeds: $2,400,000
Mandate: Preferred Equity
Location: Boston, MA
Asset Class: Multifamily
Strategy: Pre-Dev & Ground Up
Date: July 28, 2025
Quote: 92% LTC last dollar
Proceeds: $7,400,000
Mandate: Perm Debt
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Acquisition
Date: May 15, 2025
Quote: 75% LTV, 1.25 DSCR, 5 Year Term, 3 Years Minimum YM, 3 years IO, 25 year amortization.
Proceeds: $105,000,000
Mandate: Stretched Senior
Location: Phoenix, AZ
Asset Class: Multifamily
Strategy: Ground Up
Date: May 14, 2025
Quote: 75% LTC last dollar whole loan, 3-1-1, fully funded interest reserve, non-recourse.
Proceeds: $15,000,000
Mandate: Line of Credit
Location: Spartanburg, SC
Asset Class: Townhomes
Strategy: Acquisition
Date: January 10, 2025
Quote: 80% LTC, 70% LTV, 2 Year Term, non-recourse
Proceeds: $3,000,000
Mandate: Common Equity
Location: Las Vegas, NV
Asset Class: Multifamily
Strategy: Acquisition
Date: April 28, 2025
Investor Profile: RIA
Proceeds: $6,000,000
Mandate: Preferred Equity
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Acquisition
Date:
Quote:
Proceeds: $5,600,000
Mandate: JV Equity
Location: Tuscaloosa, AL
Asset Class: Multifamily
Strategy: Acquisition
Date: April 7, 2025
Investor Profile: Fund
Proceeds: $100,000,000
Mandate: JV Equity
Location: Sunbelt Region
Asset Class: BTR
Strategy: Acquisitions
Investor Profile: US Based Fund
Terms: 90/10 JV Equity, 2 Year Program, First $50MM to be deployed within first 6-months; 9% Preferred Hurdle, 70/30 to a 15% IRR, 60/40 thereafter.
Proceeds: $12,500,000
Mandate: JV Equity
Location: Fort Myers, FL
Asset Class: BTR
Strategy: Development
Investor Profile: Mid-Market PE
Terms:
Proceeds: $1,500,000,000
Mandate: JV Equity
Location: Sunbelt Region
Asset Class: BTR
Strategy: Acquisitions
Investor Profile: Lifeco
Terms: Initial $100MM funded 85/15 then $300MM per year funded 90/10 for 5 years capped at $1.5 Billion. 9% preferred hurdle, 68/32 to a 17% IRR, 58/42 thereafter.
Proceeds: $132,000,000
Mandate: Loan Guarantor
Location: San Juan, PR
Asset Class: Luxury Condo
Strategy: Development
Investor Profile: HNW Individual
Terms: 1.0% of Loan Proceeds and 10.00% of the General Partner's promote.
Proceeds: $42,000,000
Mandate: Senior Loan
Location: San Juan, PR
Asset Class: Luxury Condo
Strategy: Development
Lender Profile: US Family Office
Terms: 50% LTC, 36-month term plus a 6 month extension option, 18-months guaranteed interest.
Proceeds: $60,000,000
Mandate: Bridge Loan
Location: Undisclosed
Asset Class: Luxury Hotel
Strategy: Liquidity
Lender Profile: US Family Office
Info: On behalf of a luxury REIT, for top-3 Ritz Carlton Reserve in the world, CastleSquare, in less than 24 hours, lined up $60MM, S+375, 0.5% origination fee, 0.25% exit fee, 2+1 term.
Proceeds: $7,250,000
Mandate: Preferred Equity
Location: Milford, DE
Asset Class: Multifamily
Strategy: Acquisition
Date: September 26, 2024
Terms: 80.9% LTC Last Dollar, Soft Pref, Tertiary Market
Proceeds: $12,000,000
Mandate: Preferred Equity
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Recapitalization
Terms: 82% LTC last dollar; Soft Pref
Proceeds: $10,250,000
Mandate: Preferred Equity
Location: Baton Rouge, LA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 82% LTC last Dollar; Soft Pref
Proceeds: $4,500,000
Mandate: Preferred Equity
Location: Decatur, GA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 81% LTC Last Dollar, Soft Pref
Proceeds: $7,000,000
Mandate: Preferred Equity
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 80% LTC last dollar; Soft Pref
Proceeds: $13,500,000
Mandate: Preferred Equity
Location: Riverdale, GA
Asset Class: Multifamily
Strategy: Acquisition
Info: 82% LTC last Dollar; Soft Pref
Proceeds: $5,525,000
Mandate: Preferred Equity
Location: Chicago, IL
Asset Class: Multifamily
Strategy: Acquisition
Terms: 78% LTC Last Dollar, Soft Pref
Proceeds: $7,000,000
Mandate: JV Equity
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 90/10 JV Equity, 10% preferred return to members then 75/25 thereafter.
Proceeds: $60,000,000
Mandate: Preferred Equity
Location: Houston, TX
Asset Class: Multifamily
Strategy: Portfolio Acquisition
Info: 85% LTC last Dollar; Soft Pref
Proceeds: $222,500,000
Mandate: Ground Lease + Senior Debt
Location: McLean, VA
Asset Class: Mixed-Use Multifamily
Strategy: Ground Up Development
Terms: 81% LTC combined proceeds with 7.58% blended coupon. 3-1-1 senior term, non-recourse
Proceeds: $14,000,000
Mandate: JV Equity
Location: Boston, MA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 95/5 JV Equity, 10% preferred return to members then 75/25 to a 16% retrun compounded annually, 65/35 to a 20% IRR, 55/45 thereafter
Proceeds: $26,000,000
Mandate: Ground Lease + Senior Debt
Location: Destin, FL
Asset Class: Multifamily
Strategy: Ground Up Dev.
Terms: 92% LTC combined proceeds with single digit blended rate.
Proceeds: $11,400,000
Mandate: Preferred Equity
Location: Alachua County, FL
Asset Class: Multifamily
Strategy: Acquisition
Terms: 82% LTC last dollar pref
Proceeds: $6,000,000
Mandate: Preferred Equity
Location: Jacksonville, FL
Asset Class: Multifamily
Strategy: Recapitalization
Terms: 86.5% LTC last dollar pref
Proceeds: $6,000,000
Mandate: Preferred Equity
Location: Houston, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 81% LTC last dollar pref
Proceeds: $106,300,000
Mandate: JV Equity
Location: Sunbelt Region
Asset Class: BTR
Strategy: Aggregation Program
Terms: 85/15 JV Equity; 10% preferred return then 80/20 to a 15% IRR, 70/30 to a 20% IRR, and 60/40 thereafter.
Investor Profile: European Family Office
Proceeds: $2,200,000
Mandate: Preferred Equity
Location: Denver, CO
Asset Class: Multifamily
Strategy: Recapitalization
Terms: 85% LTC last dollar pref
Proceeds: $8,800,000
Mandate: Preferred Equity
Location: Denver, CO
Asset Class: Multifamily
Strategy: Recapitalization
Terms: 89% LTC last dollar pref
Proceeds: $175,000,000
Mandate: Stretched Senior
Location: Houston, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 85% LTC stretched senior; sized to a 7.5% Y3 DY, 5 year term, S+615, entirely soft pay loan where any shortfall in interest coverage shall accrue and compound annually.
Proceeds: $15,000,000
Mandate: Preferred Equity
Location: Tulsa, OK
Asset Class: Multifamily
Strategy: Acquisition
Terms: 81% LTC last dollar pref
Proceeds: $4,000,000
Mandate: Preferred Equity
Location: Nashville, TN
Asset Class: Multifamily
Strategy: Acquisition
Terms: 80% LTC last dollar pref
Proceeds: $12,000,000
Mandate: Preferred Equity
Location: Fort Myers, FL
Asset Class: Multifamily
Strategy: Recapitalization
Terms: 75% LTC last dollar pref
Proceeds: $6,400,000
Mandate: Preferred Equity
Location: Riverside, CA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 79% LTC last dollar pref
Proceeds: $12,000,000
Mandate: Preferred Equity
Location: Savanah, GA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 78% LTC last dollar pref
Proceeds: $9,000,000
Mandate: Preferred Equity
Location: Atlanta, GA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 80% LTC last dollar pref
Proceeds: $7,150,000
Mandate: Preferred Equity
Location: Riverside, CA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 77.4% LTC last dollar pref
Proceeds: $5,500,000
Mandate: Preferred Equity
Location: Savanah, GA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 85% LTC last dollar pref
Proceeds: $4,250,000
Mandate: Preferred Equity
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 79% LTC last dollar pref
Proceeds: $9,300,000
Mandate: Preferred Equity
Location: Miami, FL
Asset Class: Multifamily
Strategy: Acquisition
Terms: 79% LTC last dollar pref
Proceeds: $5,500,000
Mandate: Preferred Equity
Location: High Point, NC
Asset Class: Multifamily
Strategy: Acquisition
Terms: 85% LTC last dollar pref
Proceeds: $5,000,000
Mandate: Preferred Equity
Location: Houston, TX
Asset Class: Age Restricted
Strategy: Recapitalization
Terms: 79% LTC last dollar pref
Proceeds: $6,250,000
Mandate: Preferred Equity
Location: Boise, ID
Asset Class: Multifamily
Strategy: Acquisition
Terms: 77% LTC last dollar pref
Proceeds: $8,000,000
Mandate: Preferred Equity
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 85% LTC last dollar pref
Proceeds: $2,200,000
Mandate: Preferred Equity
Location: Jacksonville, NC
Asset Class: Multifamily
Strategy: Acquisition
Terms: 74% LTC last dollar pref
Proceeds: $13,000,000
Mandate: Preferred Equity
Location: Decatur, GA
Asset Class: Multifamily
Strategy: Acquisition
Terms: 77% LTC last dollar pref
Proceeds: $4,250,000
Mandate: Preferred Equity
Location: Knoxville, TN
Asset Class: Multifamily
Strategy: Acquisition
Terms: 80% LTC last dollar pref
Proceeds: $7,100,000
Mandate: Preferred Equity
Location: Tucson, AZ
Asset Class: Multifamily
Strategy: Acquisition
Terms: 75% LTC last dollar pref
Proceeds: $7,000,000
Mandate: Preferred Equity
Location: Dallas, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 77% LTC last dollar pref
Proceeds: $4,250,000
Mandate: Preferred Equity
Location: Westchester, NY
Asset Class: Multifamily
Strategy: Acquisition
Terms: 88% LTC last dollar pref
Proceeds: $10,000,000
Mandate: Preferred Equity
Location: Greenville, SC
Asset Class: Multifamily
Strategy: Acquisition
Terms: 75% LTC last dollar pref; 12,00% Rate with 6.00% Current; soft pay
Proceeds: $8,800,000
Mandate: Preferred Equity
Location: Houston, TX
Asset Class: Multifamily
Strategy: Acquisition
Terms: 81% LTC last dollar pref
Proceeds: $5,400,000
Mandate: Senior Debt
Location: Austin, TX
Asset Class: Multifamily
Strategy: Distressed Recap
