Impact investing continues to be at the forefront of investors’ minds as firms look for new opportunities to dispense capital. With opportunities falling through the cracks of large, alternative lenders, firms are looking to middle-market businesses to invest in emerging women- and minority-owned commercial real estate firms.
T30 Capitala women-led, multi-strategy real estate investment firm, has partnered with Blueprint Capital Advisors, an independent alternative investment firm. The transaction will work to scale T30’s commercial real estate lending activities while also enhancing its social impact. The combined firm will look to execute $ 5 million-50 million senior bridge and construction loans for a variety of real estate projects while also committing to open door sourcing with a focus on lending to minority- and women-owned enterprises.
“At Blueprint, we not only recognize our responsibility to our investors, but also our corporate and individual responsibility, and have embedded these values into our hiring, vendor selection, investment decisions and allocation of financial resources and as we grow so do our contributions to people, causes and communities in need, ”says Jacob Walthour Jr., CEO of Blueprint. “This partnership with T30 is a natural extension of our existing ESG and impact principles.”
The combined company has identified an industry shortage that has faced funding challenges and represents a chance to create an impact through empowering a demographic traditionally left behind by institutional investors. “We believe this partnership expands our impact, as we have committed to an open-door sourcing policy, working our networks to identify MWBE sponsors, emerging sponsors who aren’t already on the radar of mortgage brokers and directing lending there,” expanded Margaret Grossmanmanaging partner and president of T30.
As ESG and impact investing activities continue to grow in scale and capacity, it will be interesting to see which firms follow suit. T30 Capital and Blueprint have identified a market segment that may open the floodgates for the larger lenders to join in on the fun.