The venture will initially be focused on Tier I and Tier II submarkets, predominantly in the western United States.
Oaktree targets multifamily, alternative assets with minority Veleta stake
Joint venture to fuel western US expansion in tier I, II sub-markets for duo.
New Veleta Capital, Oaktree JV Targets CRE Lending
Veleta Capital and funds managed by Oaktree Capital Management have launched a strategic joint venture called Veleta Capital Partners (VCP), creating an institutional lending platform for multifamily and commercial real estate assets. Oaktree has also acquired a minority stake in Veleta Capital.
The information contained on this website is for informational purposes only and is not a commitment to lend. All offers of credit are subject to restrictions and approval. Rates and terms are subject to change without notice. Loans made or arranged pursuant to California Financing Lenders Law License numbers 60DBO-131032 and 60DBO-136980.
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