Most real estate funds ask you to bet on property values going up. Constitution Lending Real Estate Credit Fund makes money whether they go up or not.
Expertise in Real Estate Credit
Our team brings institutional-grade experience across the full capital structure. Kyle O'Hehir started his career at J.P. Morgan before joining multi-strategy hedge fund Millennium. Ricardo Sims traded linear rates and equity derivatives at Citi before joining a rates hedge fund. Joe Motta has grown Constitution's real estate portfolio from zero to $50mm in acquisitions and manages $30mm+ in value-add deals. Together they oversee $230mm in total AUM across 800+ units and 40+ employees spanning investments, lending, construction, and property management.
Diversified and Defensive LTV Investments
The fund invests in non-performing commercial mortgages across diversified property types including multifamily, shopping centers, and office, primarily in the Northeast. Loans are acquired at a discount to the unpaid principal balance, which is itself already below the property's appraised value, typically in the 45-70% LTV range. That structural cushion means a property would need to lose significant value before your principal is at risk. Constitution has zero investor principal losses since inception.
Access to Unique Opportunities
Constitution's proprietary software tracks tax data, mortgage maturity dates, and foreclosure proceedings in real time. Direct relationships with banks allow us to move quickly and off-market on opportunities that individual or institutional investors rarely see. When a loan goes into foreclosure, Constitution does not outsource it. Our in-house legal, construction, and property management teams handle everything, which is how they resolved a $6mm Hartford loan in 9 months, walking away with a $9.9mm payoff on a property worth $15mm, and took over a 50% occupied shopping center in 63 days, growing occupancy to 85% within a year.
A Track Record That Speaks for Itself
The fund has returned 57.6% net in 2024 and 37.67% in 2025, totaling 116.97% since inception. Constitution Lending, the GP has $5mm of our own capital invested alongside yours, meaning the team only wins when you win.
The fund is open to accredited investors with a minimum investment of $50,000, an 18-month lockup, and a choice between quarterly distributions or compounding your returns.
Past performance does not guarantee future results. Please review the full PPM before investing.