Loanetics Special Situations Fund
Complex, dislocated, and event-driven real estate and adjacent investments requiring bespoke structuring.
What Special Situations does.
Loanetics Special Situations Fund pursues complex, dislocated, and event-driven investments where the ability to structure bespoke solutions — restructurings, recapitalizations, contested control positions, hard-money exits, and orphaned assets — creates return asymmetry not available in more competitive strategies.
The fund can invest across the capital structure — first mortgage, mezzanine, preferred equity, common equity, or hybrid instruments — as the situation dictates, and coordinates closely with fund counsel and specialist advisors to navigate deal complexity.
Return targets exceed traditional real-estate credit and equity strategies, reflecting the complexity, illiquidity, and time-sensitivity of the situations pursued.
Key terms
| Sector | Special Situations |
| Vintage | 2028 |
| Vehicle | Delaware Limited Partnership |
| Target Fund Size | $1.774B |
| Net IRR Target | 10–14% net IRR |
| Preferred Return | 8% compounded annually |
| Carried Interest | 15% above 8% pref (100% GP catch-up) |
| Minimum LP Commitment | $2,000,000 |
| Auditor | PwC |
| Fund Counsel | LePore Law Group |
| Governance | LP Advisory Committee |
Where Special Situations deploys.
Complex restructurings, contested control situations, event-driven dislocations, and orphaned assets across real estate and real-estate-adjacent capital stacks.
Request Fund DeckHow the fund is structured.
- ◆ Bespoke structuring across the capital stack
- ◆ First mortgage through common equity
- ◆ Restructurings and contested control
- ◆ Higher target returns for complexity
- ◆ Coordination with specialist advisors
Interested in Special Situations? Qualified LP investors can request the fund deck, PPM, LP subscription package, and audited platform financials through Investor Relations. First close targeted Q2 2028.