Allegiant Real Estate Capital

Name

Allegiant Real Estate Capital

Legal name

Allegiant Real Estate Capital, L.P.

Website

https://allegiantrec.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Commercial Real Estate Lending

NAICS

Credit Intermediation and Related Activities (522)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB)

akta.pro secondary industry

Real Estate Credit / Debt Funds (FSANAEAJ)

Keywords

• Commercial real estate lending
• Senior mortgage financing
• Mezzanine debt capital
• Bridge loan origination
• Real estate debt investment

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Commercial Real Estate Lending: Allegiant generates revenue through interest income and fees from providing commercial real estate loans. The company offers fixed and floating rate balance sheet lending solutions for acquisition and refinancing of office, retail, industrial, multifamily and hotel properties. Revenue is earned through loan origination fees, interest payments on outstanding loans, and potential success fees on completed transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Allegiant Real Estate Capital is a direct commercial real estate lender that originates senior mortgages, B-notes and mezzanine financing, and ground acquisition/leaseback transactions ranging from $5 million to $300 million. The firm serves borrowers and sponsors needing acquisitions, refinancings, and recapitalizations for transitional, value-add, and stabilized properties nationwide. Loan products include bridge and stretch senior loans with fixed or floating rates, paired with in-house legal counsel and capital-markets advisory services.

Product overview

Allegiant Real Estate Capital is a commercial real estate lender and debt investor offering a comprehensive suite of balance sheet lending products. The company's product portfolio includes four core offerings: Senior Mortgages ($15-100 million) and Senior Mortgages-Large Loan Program ($100-300 million) for primary debt financing, B-Notes and Mezzanine Financing for subordinate capital, and Ground Acquisition/Leaseback for ground-level financing. These products are designed for office, retail, industrial, multifamily, and hotel properties across the United States, providing flexible fixed and floating rate solutions ranging from stabilized core assets to value-add transitional assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Senior Mortgages (Small Loan Program) First-mortgage senior loans sized $15M to $100 million for commercial real estate owners and sponsors, used for acquisitions, refinancings, and recapitalizations of transitional, value-add, and stabilized properties. Designed for borrowers who need direct, balance-sheet execution on mid-market commercial real estate transactions.
• Senior Mortgages – Large Loan Program Senior mortgage product for larger commercial real estate transactions sized $100 million to $300 million, providing direct balance-sheet capital for institutional-scale acquisitions, refinancings, and recapitalizations.
• B-Notes and Mezzanine Financing Subordinate debt in the form of B-notes and mezzanine financing, complementing senior mortgages to support larger capital-stack solutions for commercial real estate sponsors. Targeted at deals requiring layered debt beyond a first-mortgage position.
• Ground Acquisition / Leaseback Ground acquisition and leaseback financing in which Allegiant acquires the underlying land and leases it back to the borrower/operator, enabling sponsors to monetize ground value while retaining operating control of the property.
• Bridge and Stretch Senior Loans (Fixed and Floating Rate) Bridge and stretch senior loan products offered on both fixed-rate and floating-rate bases, designed for transitional and value-add commercial real estate assets requiring flexible, short- to medium-term financing.
• Capital Markets Advisory Services Capital markets advisory services for commercial real estate borrowers, sponsors, and capital partners, leveraging Allegiant's transaction experience and direct balance-sheet relationships to structure and place debt capital.

Quantifiable outcome

• More than $100 billion in CRE transactions completed by leadership team over 20 years
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• GreystonecoreStrategic or Co-development Partner · 2 May 2017Allegiant Real Estate Capital and Greystone announced a strategic partnership to pursue a comprehensive suite of CRE debt products. This partnership enables the combined entities to offer expanded financing capabilities to borrowers seeking commercial real estate loans.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Walker & Dunlop: Walker & Dunlop is a leading commercial real estate finance company originating, servicing, and selling multifamily and commercial mortgage loans. It directly competes with Allegiant in CRE debt origination for institutional-quality assets across the United States.
• Greystone: Greystone is a national CRE lending, investment, and advisory firm and Allegiant's strategic partner since 2017. It offers a comparable suite of debt products including Fannie Mae/Freddie Mac, FHA, CMBS, and balance sheet lending.
• Ladder Capital: Ladder Capital is a publicly traded commercial real estate lender that originates and invests in senior loans, mezzanine debt, and equity for CRE properties. Like Allegiant, it operates a balance sheet lending model targeting institutional borrowers across the US.
• Ares Commercial Real Estate: Ares Commercial Real Estate is a specialty finance company that originates and invests in CRE debt, including senior mortgages and mezzanine loans. Its product mix and target borrower profile closely mirror Allegiant's CRE debt platform.
• Newmark Group: Newmark is a commercial real estate advisory and services firm with a debt and structured finance practice that originates CRE loans for institutional clients. It competes with Allegiant on larger, complex CRE financing mandates.
• Starwood Property Trust: Starwood Property Trust is a leading CRE finance company that originates senior mortgages, mezzanine loans, and invests in CRE equity. Its balance sheet lending strategy and product breadth are highly comparable to Allegiant's platform.
• TPG RE Finance Trust: TPG RE Finance Trust is a commercial real estate finance company that originates, acquires, and manages CRE mortgage loans. Its origination strategy and target borrower segment overlap significantly with Allegiant's.
• Benefit Street Partners: Benefit Street Partners is a credit-focused alternative asset manager with a significant CRE debt origination practice. It competes with Allegiant in middle-market and transitional CRE lending across the United States.

Broad incumbents

• JLL (Jones Lang LaSalle): JLL is a global commercial real estate services giant with a capital markets practice that originates debt for CRE owners and investors. While broader in scope, its debt origination group competes directly for institutional CRE lending mandates.
• Blackstone Mortgage Trust: Blackstone Mortgage Trust is a large-scale CRE mortgage REIT that originates senior loans secured by institutional-quality CRE properties. As a Blackstone affiliate, it competes with Allegiant for larger institutional debt mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allegiant Real Estate Capital