MidPoint launches investor-directed real estate lending fund with $10M bridge loan
What's the deal? Phoenix-based MidPoint Capital PartnersDealroom has a profile for this one. Try Dealroom → has launched MidPoint Capital Fund 1Dealroom has a profile for this one. Try Dealroom →, a private real estate lending fund offering verified accredited investors access to senior-secured commercial real estate deals. Structured as a Rule 506(c) offering, the fund lets investors pick which opportunities their capital backs rather than committing to a blind pool.
How it works: The fund owns 100% of the special-purpose entities set up for each investment, which then finance the underlying borrowers. That structure lets each deal be documented, evaluated, and monitored separately while sitting within the wider fund.
What's on offer? Two initial opportunities are live. One is senior-secured construction financing for Cruise on LandDealroom has a profile for this one. Try Dealroom →, a five-tower condominium-hotel development in Punta Cana, Dominican Republic, spanning 1,749 units. Of those, 1,425 are presold — roughly $152.15 million in contracted sales, with more than $54.67 million already collected.
The second is MCP RenaissanceDealroom has a profile for this one. Try Dealroom →, a $10 million senior-secured commercial real estate bridge loan through a separate entity wholly owned by the fund.
The terms: The minimum investment is $25,000. After investor capital is returned, distributable proceeds split 90% to investors and 10% to management, subject to the fund's governing documents. Terms, projected returns, and holding periods vary by deal.
Why it matters: MidPoint is pitching visibility and control as its differentiator. "Our goal was to build a fund that gives accredited investors greater visibility and control while maintaining disciplined underwriting and professional fund management," said Michael Columbia, managing partner and chief executive officer.
The firm serves as manager and servicer, overseeing underwriting, transaction structuring, loan servicing, asset management, and investor reporting. Its stated strategy emphasises collateral protection, defined repayment sources, disciplined loan-to-value limits, and active monitoring.
The signal: The launch reflects a broader push in private credit toward transparency, giving investors deal-level choice rather than pooled exposure. Whether investor-directed structures gain traction may hinge on how they perform against the simplicity of traditional blind-pool funds.
Read more: morningstar.com
Image credit: NCinDC
