Paramount Specialty Finance Surpasses $1 Billion Investment Milestone
Since 2015, we’ve aimed to become the nation’s leading non-bank, build-to-suit lender and net lease investment platform.
We saw an opportunity to better serve net-leased developers and sponsors during the pre-development and development process by providing creative capital solutions and exceptional back-office support.
Today, we’re proud to announce that Paramount Specialty Finance has surpassed $1 billion in cumulative investments.
“Reaching this point in our journey is extremely gratifying because it’s been a total team effort,” PSF Co-Founder and Managing Partner Joel Waxman said. “It’s a really exciting time at PSF because we feel like we’re just scratching the surface of what’s possible.”
“This achievement really validates what we set out to do six years ago,” PSF Co-Founder and Managing Partner Brian Barrow said. “Our aspirations are even bigger now, and this milestone illustrates the opportunity in front of us.”
An essential ingredient to our success has been our focus on building long-term, programmatic partnerships. Last year, ~65% of our loans and investments came from repeat borrowers. In the first half of this year, that figure rose to 75%, and we’ve completed multiple transactions with each of these partners on average.
A key differentiator for PSF is our ability to close complex deals quickly. Unlike most of our competitors, we have committed capital and we hold all investments on our balance sheet, which provides a level of assurance to everyone we do business with. In addition, our borrower relations team has developed a seamless underwriting, due diligence, and closing process that enables our partners to save time and avoid headaches.
To learn more about our approach, click here or contact Matt Valdez, our head of business development, at bizdev@psfnnn.com or by calling him at (512) 656-5179.