Club Estate Announces Investment In Newly Formed Private Mortgage REIT Alongside Singapore Sovereign Wealth Fund.
The Club Estate Prime Selection Fund (Luxembourg), on behalf of several family offices, has invested in the ROC 360 Real Estate Income Trust. The private US REIT invests in business purpose loans for US residential real estate investment properties principally originated by Roc360. The ROC360 Real Estate Income Trust (Roc360 REIT) was launched in August 2023 by Roc Capital Holdings LLC and Temasek the Singapore based SWF. Rock360’s core focus is to connect the highly fragmented business of residential investment property lending with institutional capital through an “originate-to-sell” business model. The REIT combines a tech enabled operating platform with proprietary loan origination software and data analytics facilitating best-in-class execution. The company has originated over USD 10bn in residential business purpose loans since inception.
Roger Tan, Partner of Club Estate, says: “The residential business purpose loan segment is a fragmented industry with growing institutional focus in recent years. Using a best-in-class loan origination process supported by data analytics is key to achieve superior risk adjusted returns in this sector. The early investment in the ROC 360 private REIT is another prime example of how Club Estate creates access to attractive private market investment opportunities for Family Offices and Ultra High Net Worth investors”