Siguler Guff & Company, LP (“Siguler Guff” or the “Firm”), a multi-strategy private markets investment firm with approximately $17 billion of assets under management, as of June 30, 2025, today announced the origination of a $27.5 million mezzanine loan as part of a broader $86 million refinancing package for Us Bayou Park (the “Property”), a 404-unit luxury multifamily community in Houston's Montrose neighborhood. The senior loan was originated by Benefit Street Partners, a leading credit-focused alternative asset management firm, and marks the third financing package originated in partnership with Siguler Guff.
The refinancing supports continued upgrades and long-term value creation at the Property, which was acquired by real estate investment firm Vero Capital in 2021 and is operated under the firm's Us Living lifestyle platform. Us Bayou Park offers high-end amenities and programming that cater to Houston's growing population of professionals seeking community-oriented, active urban living.
“We are pleased to provide a flexible mezzanine solution in support of Vero Capital and their continued investment in Us Bayou Park,” said Jimmy Zumot, Managing Director & Co-Portfolio Manager, Real Estate of Siguler Guff. “This investment aligns with our focus on high-quality, differentiated assets in core growth markets, and Vero Capital's Us Living platform has demonstrated strong traction with today's renters. The recapitalization will allow for continued enhancements to the resident experience while supporting long-term value creation.”
Situated just eight minutes from downtown Houston and near Buffalo Bayou Park, Us Bayou Park offers two resort-style pools, a fully equipped fitness facility, coworking lounges, curated resident programming, and onsite dining and retail partnerships. The recapitalization includes a holdback facility to fund additional renovations across residential units. The Property is managed by Kairoi Residential.
About Siguler GuffSiguler Guff is a multi-strategy private markets investment firm with approximately $17 billion of assets under management and 30 years of investment experience. Siguler Guff seeks to generate strong, risk-adjusted returns by focusing opportunistically on market niches. Siguler Guff's core investment strategies include private credit and special situations, small business private equity, real estate and emerging markets. Siguler Guff's investment products include direct investment funds, multi-manager funds and customized separate accounts targeting specific areas of compelling opportunity. The dedicated Real Estate Team has invested nearly $3.5B of equity and debt into real estate assets since 2009 and maintains an average nine years of tenure with the firm. Siguler Guff's Real Estate Team targets senior, mezzanine, and preferred equity originations nationwide across asset classes with a focus on efficient execution, flexible structuring, and institutional borrowers. Founded in 1991 and headquartered in New York, Siguler Guff maintains offices in Boston, Hong Kong, London, Mumbai, São Paulo, Seoul, Shanghai, Singapore, Sydney, Tokyo, Houston, TX, and West Palm Beach, FL. To learn more about Siguler Guff, please visit www.sigulerguff.com.
About Benefit Street PartnersBSP is a leading global alternative credit asset manager offering clients investment solutions across a broad range of complementary credit strategies, including direct lending, special situations, structured credit, high yield bonds, leveraged loans and commercial real estate debt. As of March 31, 2025, BSP and Alcentra combined have $77 billion of assets under management, with 501 employees operating across North America, Europe and Asia Pacific. BSP is a wholly owned subsidiary of Franklin Templeton. For further information, please visitwww.benefitstreetpartners.com.
Siguler Guff Media ContactsJeffrey Taufield / Jennings BrooksKekst CNCjeffrey.taufield@kekstcnc.com / jennings.brooks@kekstcnc.com 212.521.4800
Benefit Street Partners Media ContactLindsey Crabbel.crabbe@benefitstreetpartners.com
https://edge.prnewswire.com/c/img/favicon.png?sn=NY78332&sd=2025-09-22
View original content:https://www.prnewswire.com/news-releases/siguler-guff-and-benefit-street-partners-provide-86m-in-bridge-financing-to-recapitalize-vero-capitals-us-bayou-park-302562381.html
SOURCE Siguler Guff
https://rt.newswire.ca/rt.gif?NewsItemId=NY78332&Transmission_Id=202509220800PR_NEWS_USPR_____NY78332&DateId=20250922