TriGate seeks to identify and capitalize on opportunities driven by recent capital markets turmoil and a broad economic slowdown

• Undisciplined commercial real estate lending coupled with a recessionary economic environment has led to massive pressure on lenders and borrowers
• Investment opportunities emanate from capital structure imbalances resulting from a re-pricing process that is well underway

TriGate is focused on sourcing attractive risk-adjusted investments in the following key areas:

Real Estate Loans

• Acquire discounted performing, sub-performing and/or non-performing commercial mortgage loans from lenders
• Purchase loans outright or venture with sellers in structured transactions thereby allowing the seller to retain upside
• Draw on the principals' experience and expertise in distressed debt and work-outs

Financial Restructuring

• Target owners of commercial real estate assets or companies seeking to recapitalize due to excessive leverage
• Provide capital to assist in consummating a discounted payoff of the existing debt or in exchange for debt modifications or write-downs by the lender

Real Estate Assets

• Acquire real estate assets at attractive prices from distressed/motivated sellers
• Focus on value benchmarks such as pre-bubble pricing parameters, replacement cost, current cash yields and the ability to withstand further value declines

Depending on the type of investment, TriGate has the flexibility to invest in a variety of structures including: i) project level capital; ii) entity level capital; and iii) mezzanine debt and preferred equity

TriGate targets investments requiring $7.5 to $20 million of equity capital, but has the capacity to complete larger transactions