Gersh Finance Fund (First and Second Mortgages)
Gersh has successfully launched a fully underwritten $500 million real estate development finance fund known as the Gersh Finance Fund.
The fund will target first mortgage and structured debt financing in the residential, commercial, industrial and mixed use real estate sectors, focusing on land facilities, development finance and restructuring opportunities. Gersh has committed a substantial co-investment in the Fund.
The Fund will be headed by Gersh Executive Director Theo Axarlis.