Mesa West Capital Closes $900M Fund
By
Ryan Krauch, Mesa West Capital
Los Angeles—Mesa West Capital has closed its largest closed-end real estate debt fund, reaching a hard cap of $900 million in equity commitments for its Mesa West Real Estate Income Fund IV LP.
This is its fourth fund overall and surpassed its original $750 million target.
“For this particular fund, we will continue to provide short-term non-recourse first mortgage debt ranging from $20 million to $300 million for the acquisition, refinancing and recapitalization of institutional quality real estate assets in transition,” Ryan Krauch, Mesa West Capital’s principal, told Commercial Property Executive. “Fund IV allows us to continue the successful lending product that we have been providing to the market for the last 13 years—and given the size we will be able to accommodate even more clients and better serve the market.”…
