Commercial Real Estate
Real asset credit, engineered for US CRE
Gallantree is a specialist commercial real estate credit manager. We originate, underwrite, and securitize senior and subordinated CRE debt, connecting institutional capital to US property sponsors through disciplined, downside-protected structures, including our flagship CRE CLO series.
Why Gallantree CRE
A specialist platform at the center of US CRE credit
We sit in the middle of the market, originating directly and through a network of long-standing lender relationships, underwriting with our proprietary credit engine, and distributing through private placements and our CRE CLO program. Both sides of the market access the same platform.
For Institutional Investors
Access an institutional-grade CRE credit allocation
US commercial real estate debt offers yield, seniority, and collateral protection that is difficult to replicate through public markets. We build tailored exposures, from rated senior tranches to stretched mezzanine, aligned to pension, insurance, and family office mandates.
Capital stack access
Senior, mezzanine, and subordinated exposures across diversified pools of US CRE loans, sized to your mandate and risk budget.
Downside protection
Conservative LVRs, stressed cap rates, and debt yield floors built into every transaction, with independent valuations and covenant surveillance.
Transparent reporting
Loan-level data, performance analytics, and quarterly investor reporting through the Gallantree Platform, with no black boxes.
Cycle-tested returns
Risk-adjusted yields designed to outperform public CRE indices, with a proven track record across tightening and easing environments.
CRE CLO Program
A programmatic CRE CLO series, built for the US market
The Gallantree CRE CLO series is our flagship vehicle for distributing diversified pools of US commercial real estate loans to institutional investors. Each series is assembled in our warehouse, underwritten through the Gallantree credit engine, and structured with active management and reinvestment periods calibrated to the underlying collateral.
Gallantree CRE CLO
FL-1
Program size
A$1.1bn
Inaugural diversified US CRE CLO
Senior secured CRE loans across multiple US states
Rated senior tranches placed with US institutional investors
Weighted average LTV below 65%
Active reinvestment period underway
Gallantree CRE CLO
FL-2
Target program size
A$1.0bn
Industrial and logistics focused pool
Concentration in industrial and last-mile logistics collateral
Extended reinvestment window with active management
Broader investor base including US life insurers and global allocators
Gallantree CRE CLO
FL-3
Target program size
A$1.0bn
Diversified US CRE, next vintage
Mandate for senior, stretched senior, and select mezzanine
Diversified across sector and geography
Indicative pricing available for anchor investors
For Property Sponsors
A credit partner that understands the asset
We underwrite in-house, size structures around the asset and business plan, and hold through the life of the loan. No auction dynamics, no credit-by-committee surprises. You work directly with the team pricing and approving your facility.
Investment loans
Senior and stretched senior financing for stabilized office, industrial, retail, and mixed-use assets across US gateway cities.
Development & construction
Construction facilities for experienced sponsors with feasibility support, staged drawdowns, and flexible presale requirements.
Mezzanine & preferred equity
Stretched capital solutions sized to the business plan, filling the gap between senior debt and sponsor equity.
Bridge & transition
Short-term capital for acquisitions, repositioning, and refinancing where speed, certainty, and structure matter.
Asset Profiles
Stabilized and transitional assets, underwritten with the same discipline
We finance across the CRE risk spectrum. Stabilized assets attract senior, cash-flow-led facilities. Transitional assets benefit from structured capital sized to a clear business plan, with covenants calibrated to the path to stabilization.
Cash-flowing, income producing assets
Leased, occupied, and generating predictable net operating income. Our senior facilities are priced off debt yield, ICR, and DSCR against stressed cap rates and vacancy.
Senior and stretched senior whole loans
Five-year and longer investment facilities
Covenant-light packages for institutional sponsors
Refinance, recap, and acquisition financing
Value-add, repositioning, and development
Assets undergoing repositioning, leasing, refurbishment, or construction. We structure capital around the business plan and milestone-based drawdowns, with covenants that step through to stabilization.
Bridge to stabilization and lease-up
Construction and refurbishment facilities
Mezzanine and preferred equity overlays
Event-driven acquisition and recapitalisation
Two sides, one platform
Whether you're allocating capital or raising it, start here
Institutional Investor
Access US CRE credit
Tailored exposures across the capital stack, rated CRE CLO notes, and co-invest opportunities. We'll share the current pipeline, indicative terms, and portfolio-level analytics.
CRE CLO series and private placements
Loan-level data and quarterly reporting
Mandate-fit structuring for pension, insurance, family office
Property Sponsor
Finance your next transaction
Tell us about the asset and the plan. We'll respond with an indicative term sheet, underwriting lens, and timeline. Loans are underwritten in-house and held on our balance sheet or distributed through our program.
Senior, stretched senior, mezz, and bridge
In-house credit decision, direct relationship
Investment, construction, transition, and refinance