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Multifamily Credit Fund

High-yield real estate debt investments for qualified purchasers.

Target Net IRR
8–10%
Target Net Yield
6–8%
Target Net Equity Mulitiple
1.60x
Hold Period
7 Years
Investment Objective
Income
Minimum Investment
$100K

An Exclusive Investment

This real estate credit fund invests in conservatively leveraged Freddie Mac bonds that are backed by cash flowing and geographically diversified multifamily loans.

Floating Rate
K-Deal B-Pieces

Fixed Rate
K-Deal B-Pieces

SBL
B-Pieces

Interest
Only Strips

How the Fund Works

Step 1 Icon

Freddie Mac approved us to bid on their bonds at exclusive purchase auctions because we’re an expert operator of multifamily investments, have been actively borrowing from Freddie Mac for 10+ years and meet their high capital requirements.

Step 2 Icon

We bid on only the B-Piece tranche of Freddie Mac K-Deal and SBL bonds because we are compensated with higher risk-adjusted returns while still being protected by the borrower equity position, which shields our investments from potential loss.

Step 3 Icon

We leverage our boots-on-the-ground market experience to identify all the potential merits and risks of each B-Piece prior to purchasing and then acquire selected bonds to build a strategic and well-diversified portfolio for our investors.

Higher Net Yield

The Origin Multifamily Credit Fund will target a net distribution yield of 6–8%, offering a substantially higher stream of passive income than traditional fixed income investments.*

Origin Multifamily Credit Fund Target Yield
%
High Yield Corporates
%
S&P / LSTA US Leveraged Loans (10 yr)
%
Investment Grade Corporates
%
Other Commercial Mortgage-Backed Securities
%

Sample Capital Structure

Multifamily-Credit-Fund-Cap-Stack

Downside Protection

B-Piece bond certificates are senior to common equity property owners and subordinate to the A-Piece certificates. In turn, B-Piece investors are compensated with higher risk-adjusted returns while still being protected by up to a 30% cushion-to-loss.

REIT Structure

The Fund was designed with a REIT structure to provide tax efficiencies, including a 20% tax deduction on all taxable distributions, converting of rental income into ordinary REIT distributions, blocking all Unrelated Business Taxable Income and Effectively Connected Income.

%
Tax Deduction on Distributions

Why Origin

Verified-Aqua

Exclusive Access

We’ve met Freddie Mac’s stringent requirements to become an approved B-Piece purchaser.

Gear-Aqua

Due Diligence Process

We thoroughly vet each B-Piece using our proprietary underwriting and due diligence process.

Group-Aqua

Fund Leadership

Our team has executed billions of dollars of real estate transactions, with decades of experience in investment and risk management.

*A qualified purchaser is an individual or a family-owned business that owns $5 million or more in investments, not including a primary residence or any property used for business. 

Get your Multifamily Credit Fund due diligence documents today.