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Satilla Capital Receives $160MM Capital Commitment

November 04, 2015, 07:03 AM
Filed Under: Real Estate
Related: Real Estate

Satilla Capital Partners, a multi-strategy, private real estate and credit investment manager based in Atlanta, GA, announced that it has received $160 million in new capital commitments and has added three credit professionals to its lending subsidiary, Tower Lending.

With the new capital commitments, Satilla will continue to provide capital to real estate entrepreneurs, purchase commercial loans, and invest in idiosyncratic special situations throughout the United States.  With its broad investment mandate, Satilla actively invests in office, retail, multi-family, industrial, outdoor media, homebuilding, and land acquisition and development.

Paxton Griffin, Principal of Satilla said, “Following a very active 2014 and 2015, we still believe there is a gap in the market to fund small- and medium-sized real estate entrepreneurs to assist the growth of their portfolios. We are especially pleased to welcome the new additions to Tower Lending and look forward to expanding our participation in the alternative finance market.”

“Our broad mandate and flexible capital make Satilla an attractive funding source for today’s real estate operators and entrepreneurs,” said Alex Livingston, Principal at Satilla.

Michael Fallaize, a senior credit officer of Tower Lending added, “At Tower, we provide a range of debt products including balloon, fixed and floating rate options that are designed specifically to address the needs of this market and offer an efficient closing process.”

Satilla Capital Partners is a privately-held, multi-strategy real estate and credit investment firm based in Atlanta, GA.  Founded in 2011, Satilla has invested over $130 million in real estate related assets since inception.

Tower Lending, LLC (“Tower”), a subsidiary of Satilla Capital Partners, is a real estate finance company specializing in providing liquidity to real estate owners and operators throughout the United States. Based in Atlanta, GA, Tower primarily provides bridge loans for value-add, turnaround, and opportunistic transactions.

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