C
2R Capital Management LLC, a Houston-based private real estate credit platform, has announced the closing of its inaugural $100 million debt fund dedicated to supporting short-term, asset-backed bridge lending and note purchases. The Secured Debt Fund I will focus on Texas and Sun Belt markets.

    "C2R Capital's secured debt fund addresses a critical need for flexible, yield-driven capital in today's real estate landscape," said Darryl Robinson, Co-Founder and Manager at C2R Capital. "Our platform enables us to deploy alternative financing that is creative, flexible, and fast."

    The fund will target a diversified portfolio of first-lien bridge loans, performing and non-performing note acquisitions, and structured credit opportunities secured by commercial real estate and land. This comes as traditional lenders and regional banks pull back, leaving a capital void for small- and mid-sized real estate sponsors.

    C2R Capital has over 50 years of combined experience and has distributed over $250 million in closed loans across 12 states. Founded by Darryl Robinson, Brady Crosswell, and Allen Crosswell, the firm specializes in asset-backed loans and originates short-term, first-lien bridge and mezzanine loans to owners and developers of various asset classes.

    The company purchases performing, non-performing, and defaulted loans from banks and other private credit funds. For more information, visit www.c2rcapital.com.