How to take advantage of the opportunities offered by the real estate market in the United States? To answer this question, FYNSA organized a webinar together with ACRES Capital, the firm that manages the ACRES Mortgage Fund, in which the FYNSA Private Debt USA Investment Fund participates.

The ACRES Mortgage Fund focuses on a single strategy: to provide capital through first mortgages to developers in the U.S. real estate sector. This was explained by Andrew Fentress, managing partner of ACRES Capital.

The Fund has US$ 507M in assets under management, with diversification by geography and asset type.

"The holdings are in the 2% to 4% range, so in the end we offer a great degree of diversification across the different categories we are looking to invest in" Fentress noted.

"These are investments that don't correlate with idiosyncratic risks when you have market events, like what happened with Covid or like what we experienced in the first half of this year; you may have one or two loans that go off course, but you won't see cross-cutting problems in the portfolio," he said.

The loans, he explained, are at floating rates, which allows investors to take advantage of higher interest rates.

The Fund has shown positive returns every month since its implementation, and the ACRES team constantly monitors the assets in which they are invested. They have invested more than US$2,700 using the same strategy since its inception.

In addition, Fentress noted that now is a good time for this type of investment.

"We are in a period of financial tightening," he said. "We're in a situation where we can place money at higher margins than we were able to do in the last few years. And we can do it with higher prime rates; so the aggregate rate of return for our investors is higher today."

You can watch the complete webinar here