Distressed Note Acquisition

Loanetics Fund VI

Acquires diversified portfolios of non-performing, sub-performing, and distressed commercial mortgage notes and resolves them through active workout.

$2.600B
Target Fund Size
10–14%
Net IRR Target
8%
Preferred Return
$2M
Minimum LP Commitment
Strategy

What Fund VI does.

Loanetics Fund VI acquires diversified portfolios of non-performing, sub-performing, and distressed commercial mortgage notes including whole loans, A-notes, B-notes, and mezzanine positions from banks, insurance companies, CMBS servicers, and financial institutions motivated by regulatory capital relief or legacy asset liquidation.

Resolves acquired loans through modification, discounted payoff negotiation, refinancing, deed-in-lieu acceptance, foreclosure, or REO disposition using specialized workout counsel, special servicing agreements, and a network of REO disposition specialists.

Returns are generated through the discount to face acquired at, plus workout resolution economics.

At a glance

Key terms

SectorDistressed Note Acquisition
VehicleDelaware Limited Partnership
Target Fund Size$2.600B
Net IRR Target10–14% net IRR
Preferred Return8% compounded annually
Carried Interest15% above 8% pref (100% GP catch-up)
Minimum LP Commitment$2,000,000
AuditorPwC
Fund CounselLePore Law Group
GovernanceLP Advisory Committee
Ideal borrower

Who Fund VI serves.

Institutional LPs seeking exposure to CRE credit recoveries and workout economics through a specialized team with active servicer, workout counsel, and REO disposition networks.

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Hallmark features

How the loans are structured.

  •  Whole-loan, A/B-note, and mezz acquisitions
  •  Specialized workout counsel
  •  Special servicing agreements
  •  REO disposition network
  •  Discounted-basis return profile

Interested in Fund VI? Qualified LP investors can request the fund deck, PPM, LP subscription package, and audited platform financials through Investor Relations. Borrowers can submit a loan application directly through the Borrower Intake portal.