Private Credit - Global Rental Income Assets
Objective
The Greystar Credit Opportunities Fund II (GO II) targets 11-13% + Gross IRR with ~10% Distribution Yield. Term = 5 years with extensions. Fund Size = US$1.25bn with Aus & NZ Private Wealth and Family Office segment being able to access Greystar for the first time alongside global institutional investors. Attractive base rates combined with a more defensive position in the capital stack enable multi-family credit investors to achieve favourable relative returns and current income in an inflation protected investment, noting Greystar originate senior, mezzanine and preferred equity investments collateralized by conventional Multi-Family, Student Housing, contiguous Single-Family Build-to-Rent, and Active Adult rental housing.
About
Greystar is US headquartered and has a 30+ year track record and manages over US$80bn FUM, providing the largest vertically integrated rental housing platform and proprietary data globally to better: source, underwrite and asset manage credit opportunities with a focus on risk management.
People
Supported by a global team of nearly 28,000 team members, Greystar has a team of professionals fully dedicated to its Global Investment Management activities. The team collaborates throughout the life cycle of an investment vehicle, from strategy and inception through asset disposition, focused on creating return upside potential through an active approach to owning and operating rental housing communities.
