Reverence Real Estate was launched in 2024 and is an equity-oriented opportunistic / special situations real estate strategy that seeks to take advantage of the current market dislocation in fundamentally sound real estate assets with stressed capital structures / sellers. The strategy will focus primarily on investing in Special Situations (opportunistic equity investments in fundamentally sound assets) and may also make Stressed Debt (loans acquired from banks and non-bank lenders seeking to shore up balance sheets), and Structured Solutions (preferred equity or subordinate capital in real estate companies / assets with stressed capital structures) investments, with a primary investment focus in major metropolitan markets across residential and retail assets, and a secondary focus on hospitality, net lease and logistics assets.

The strategy is led by Benjamin Young, Managing Director and Head of Real Estate, who brings 36+ years of real estate investing experience, including senior leadership roles at BlackRock, Strategic Value Partners, and Deutsche Bank. The strategy is expected to leverage Mr. Young’s deep expertise across core, value-add, and opportunistic investments, alongside the benefits of the Reverence platform, which include: (i) extensive relationships and knowledge across financial services, real estate, lending, consumer finance, and specialty finance from the Reverence Private Equity and Reverence Credit teams as well as Reverence's Special Advisors, and (ii) the structuring and credit expertise of the Reverence Credit team and Reverence Founders.