Spectra Capital Velocity Fund I, LP

Location: Birmingham, Alabama

Spectra Velocity Fund I, LP is a commercial real estate (CRE) debt fund launched by Spectra Capital, LLC to capitalize on current market inefficiencies and opportunities in special situation lending. Below are the key highlights: Structure & Performance: Target net return of 20% to Limited Partners Offers a 10% annual preferred return to investors with a 50/50 split of excess returns above the preferred return No management fee structure, making it particularly investor-friendly Minimum investment of $250,000 Investment Strategy: Focuses on $1-10M commercial real estate loans Typically lends at interest rates of 20%+ annually plus various fees Conservative loan-to-value ratios (typically 40-60% LTV) Loan terms typically range from 3-36 months, averaging 6-12 months Key Achievements: The team has raised over $65 million in AUM Executed 46 loan transactions across 13 different states and 10 different property types Maintains a diversified portfolio across multiple commercial real estate asset classes Has completed 17 monthly closings of LP investments and 5 consecutive distributions to investors Completed 2023 audit report from Deloitte The fund stands out for its entrepreneurial approach to distressed situations, sophisticated technology integration, and ability to provide rapid, creative financing solutions for borrowers with unique needs and time constraints. The fund's success is supported by deep expertise in real estate finance, technology, and asset management from its experienced management team. If you would like to schedule a time to meet with the team, please feel free to reach out to our IR Team: https://spectracapital.com/about/abbie-kotarski/