EquityMultiple’s Approach to Real Estate-Backed Private Credit
Kingscrowd CEO Chris Lustrino sat down with Daniel Brereton, Head of Growth at EquityMultiple, to discuss real estate-backed private credit and how investors can generate 10–12% target returns with the Ascent Income Fund. Learn how EquityMultiple navigates the middle market, assesses risk, and sources institutional-quality deals—and why this segment of the private credit market is gaining investor attention right now.
What You’ll Learn
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Why private credit—particularly CRE lending—is attracting more accredited investors
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How EquityMultiple sources and underwrites middle-market real estate debt
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Where the Ascent Income Fund fits into a diversified investment strategy
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The yield profile, risk exposure, and liquidity considerations of CRE-backed credit
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How EquityMultiple ensures transparency and institutional-grade management
Featured Guest – Daniel Brereton
Daniel Brereton is Head of Growth at EquityMultiple, where he leads efforts to educate investors and grow adoption of private real estate opportunities. Prior to EquityMultiple, Daniel worked at UBS, advising high-net-worth clients and managing over $3 billion in retirement assets. With extensive experience in alternative investments and a deep focus on real estate, Daniel brings a seasoned perspective to portfolio construction and income strategy. He is also a U.S. Army veteran and holds degrees from NYU and USC in mathematics and financial engineering, respectively.
Q&A
Q: What makes EquityMultiple’s investment approach unique?
A: EquityMultiple focuses on middle-market real estate deals that are too small for big institutions but too complex for smaller platforms. They offer diversified exposure with rigorous underwriting and guaranteed deal funding for sponsors.
Q: What is the Ascent Income Fund?
A: It’s a diversified fund of senior commercial real estate loans. The fund targets a 10–12% net return, offers quarterly distributions, and allows redemptions after a 12-month lockup.
Q: Are these investments risky?
A: The fund only invests in senior loans with conservative LTVs. Each loan undergoes strict underwriting, including cash flow modeling, interest rate reserve requirements, and sponsor background checks.
Q: Can I invest through an IRA?
A: Yes. EquityMultiple supports self-directed IRAs and works with custodians like AltoIRA. The Ascent Income Fund is REIT-structured to avoid UBTI.
Q: Has the fund experienced defaults?
A: As of this webinar, the fund has not experienced any defaults or principal losses on senior loans. Full track record is available at equitymultiple.com.
Q: What’s the minimum investment?
A: The Ascent Income Fund has a $20K minimum, with follow-on investments allowed at $5K.