Northlight Capital Partners LLC is an opportunistic real estate credit firm that manages capital on behalf of institutional clients. Since inception, NCP has managed and advised multiple investment vehicles totaling more than $600 million of invested capital.
Since inception, NCP has acted as an advisor or manager for the following funds:
Northlight Trust I (“NTI”)
Raised in 2011 through a family-office, NCP advised NTI’s investments in multiple real estate bankruptcy situations providing long term capital solutions to the stakeholders. Notable investments include the debtor-in-possession (“DIP”) and bankruptcy exit loans to Specialty Trust, a mortgage real estate investment trust based in Reno, NV and the DIP loan to a bankrupt casino in Atlantic City, NJ.
Northlight Real Estate Opportunity Fund I LP (“NREOFI”)
Launched in 2014 as a blind-pool, commingled fund, NREOFI acquired and originated first-lien loans, bankruptcy investments and REO acquisitions throughout the United States. Notable investments include the acquisition and redevelopment of Gerdau Ameristeel’s brownfield site in Perth Amboy, NJ as well as the acquisition of a $70 million non-performing loan portfolio secured by real estate.
Northlight Real Estate Opportunity Fund II LP (“NREOFII”)
Launched in 2017 as a blind-pool, commingled fund, NREOFII acquired portfolios of sub-performing loans, non-performing loans and deficiency judgments throughout the United States. Notable investments include the acquisition of a $325 million non-performing loan portfolio and a $1 billion deficiency judgment portfolio secured by real estate collateral throughout the United States.
Northlight Real Estate Opportunity Fund III LP (“NREOFIII”)
Launched in 2020 as blind-pool, commingled fund, NREOFIII acquired and originated first-lien loans and invested in bankruptcy assets throughout the United States. Notable investments include a loan on 414 acres of residential development land in Colorado and a bankruptcy asset acquisition of residential development land in California.
Northlight Fund IV LP (“NFIV”)
NCP is currently raising NFIV, blind-pool, commingled fund that plans to invest in loan acquisitions, opportunistic investments and bankruptcy assets.
Separate Accounts / Co-Investments
NCP has provided co-investment opportunities to its limited partners and investors.