Cougar Crossing
INVESTMENT THESIS
Cougar Crossing reflected strong fundamentals in a fast‑growing region with limited availability of appropriately sized financing. The newly constructed asset featured quality collateral and stable demand, while the borrower required a flexible capital solution unavailable through traditional lenders.
EXECUTION
Green Cities Debt Fund I originated a senior‑secured hybrid loan combining current pay and partial accrual components to refinance the property at construction loan maturity. The structure prioritized capital preservation while addressing temporary capital constraints and allowing the borrower to stabilize operations.
Market selection and underwriting were supported by proprietary analytics and third‑party research, while loan structuring focused on maintaining conservative loan‑to‑value and debt‑yield metrics.
OUTCOME
The investment is positioned to deliver durable, risk‑adjusted returns supported by strong collateral, priority positioning in the capital stack, and improving property performance. Cougar Crossing exemplifies Green Cities’ ability to structure flexible capital solutions while maintaining disciplined risk management.