Recent funding empowers investors with flexible financing solutions, supporting over 1,359 units of needed housing projects
Nectar, a leading mezzanine debt lender,is announcing that it has invested in over a dozen properties totaling 1,359 units to kick-off 2025, supporting transformative projects across multiple states and real estate sectors. Nectar provides liquidity toprofessional real estate owners and operators in the form of mezzanine financing and allows accredited investors to earn predictable returns, backed by low-leverage, cash-flowing real estate.
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Check sizes for Nectar's recent deals range between $625,000 and $2.3M, the largest being a student housing facility at the University of Mississippi. Others include hospitality and multifamily properties across the Midwest and East Coast.
Deal Details:
Property Type: Student HousingLocation: Oxford, MSUnits: 44Advance Amount: $2,300,000Use of Funds: Partner buyout
Property Type: HotelLocation: Rapid City, SDUnits: 177Advance Amount: $1,000,000Use of Funds: Additional acquisitions and liquidity
Property Type: MultifamilyLocation: Forest Lake, MNUnits: 92Advance Amount: $925,000Use of Funds: Capital expenditures on another project
Property Type: MultifamilyLocation: Sioux Falls, SDUnits: 179Advance Amount: $800,000Use of Funds: Additional acquisitions and liquidity
Property Type: MultifamilyLocation: Forest Lake, MNUnits: 60Advance Amount: $700,000Use of Funds: Capital expenditures on another project
Property Type: MultifamilyLocation: Forest Lake, MNUnits: 51Advance Amount: $625,000Use of Funds: Capital expenditures on another project
Property Type: HotelLocation: Rapid City, SDUnits: 40Advance Amount: $620,000Use of Funds: Additional acquisitions and liquidity
Property Type: MultifamilyLocation:Hyde Park, NYUnits: 272Advance Amount: $1,500,000Use of Funds: Capital expenditures for other properties
Property Type: MultifamilyLocation:Poughkeepsie, NYUnits: 156Advance Amount: $1,500,000Use of Funds: Capital expenditures for other properties
Property Type: MultifamilyLocation:Poughkeepsie, NYUnits: 288Advance Amount: $1,500,000Use of Funds: Capital expenditures for other properties
This announcement comes on the heels of a monumental year for Nectar. In 2024, the company saw an impressive 191% YoY growth in revenue. With this momentum, Nectar is projecting to invest over $100M in new deals in 2025.
“We are thrilled to continue to fund several large projects as we kick off 2025,” said CEO and Co-Founder Derrick Barker. “We look forward to supporting more clients as they grow their portfolios throughout this year.”
Founded in 2021 by Derrick Barker and Brittany Mosely, Nectar provides a better way for proven real estate operators to access capital. Instead of saving up for months to buy their next property, renovate, or hire an operations manager, Nectar's financing solution is cash flow-based, which means they look at the net cash flow a real estate operator generates, unlike most traditional financing sources.
Nectar provides investors access to the up-front capital they need by converting future cash flow on stabilized assets into a lump sum cash advance.The up-front capital can then be used by experienced investors to acquire new or improve existing properties. For experienced property owners, developers, and deal sponsors with stabilized assets, Nectar allows them to leverage their positive cash flow in order to manage surprise or lump sum expenses without the restrictions of additional debt or the dilution of an equity investor.
About NectarNectar's innovative lending solution was designed to help meet the unique, short-term financing needs of real estate investorsby providing liquidity to professional real estate investors with low-leverage, cash-flowing assets. Nectar accomplishes this by making mezzanine loans or preferred equity investments, which the borrowers then use to acquire new properties or improve existing properties. For more information, visit www.usenectar.com.
Media ContactMegan Botta Pitch Public Relationsmegan@pitchpublicrelations.com
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SOURCE Nectar
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