NXT Capital announced today that it provided a $33 million first mortgage loan to finance the acquisition of Gateway at Rock Hill Apartments, a newly constructed 312-unit, Class-A apartment community located in Rock Hill, South Carolina.
READ MORENXT Capital/Preqin report: investors view lower-middle-market direct lending as a desirable fixed income alternative in a low-yield environment
read moreNXT Capital, LLC today announced the closing of NXT Capital CLO 2017-1, a $406 million CLO. The financing is NXT’s fifth CLO and is secured almost exclusively by middle market senior secured loans originated by the company. The CLO has a four-year reinvestment period.
read moreNXT Capital, LLC today announced that its senior secured term and revolving loan facility has increased from $350 million to $425 million with the issuance of an additional $75 million term loan.
read moreNXT Capital announced today that it has reached an agreement with Aflac to underwrite and manage a $500 million private debt program which will focus on investments in middle market private debt originated by NXT Capital's Corporate Finance group.
read moreNXT Capital announced today that Linda Chaffin has joined the company as Head of Institutional Marketing. Chaffin’s responsibilities include expanding the firm’s fund raising and investor relations efforts, in which she will partner with Kelli O'Connell.
read moreNXT Capital, LLC today announced the final closing on approximately $312 million in equity for NXT Capital Senior Loan Fund IV, L.P. When coupled with targeted leverage, Senior Loan Fund IV will have approximately $900 million in capital to invest.
read moreNXT Capital announced the promotion of Stacia Kopplin to Managing Director of Risk Management.
read moreNXT Capital, LLC announced the closing of NXT Capital CLO 2015-1, a $408 million CLO. The financing, NXT’s fourth CLO in as many years, is secured almost exclusively by middle market senior secured loans originated by NXT. The CLO has a four-year reinvestment period.
read moreNXT Capital, LLC today announced the closing of NXT Capital Senior Loan Fund III, LP, a leveraged loan fund that will invest in first and second lien loan transactions originated and underwritten by NXT Capital’s Corporate Finance Group.
read moreNXT Capital, LLC announced the closing of NXT Capital CLO 2014-1, a $357 million CLO. The financing, NXT’s third CLO in three years, is secured almost exclusively by middle-market senior secured loans originated by NXT and has a four-year reinvestment period.
read moreCompetition is fiercer than ever as a growing number of industry veterans set up their own shops or private equity firms diversify with closed-end credit funds. Andrew Hedlund sat down with six US private debt experts to find out more.
read moreAflac made headlines in March by committing $500m to a mid-market senior loan portfolio managed by NXT Capital.
read moreNXT Capital/Preqin report: investors view lower-middle-market direct lending as a desirable fixed income alternative in a low-yield environment
read moreIf obstacles are inevitable, how should managers approach non-performing or defaulting loans? Neil Rudd and Joseph Lazewski of NXT Capital chip in.
read morePrevailing fundamentals and a generally upbeat economic outlook foreshadow healthy levels of market activity. As a result, Neil Rudd and Heath Fuller of NXT Capital predict a strong year ahead, despite some near-term uncertainty following US elections.
read more2017 could be a pivotal year if pro-business policy changes under the Trump administration are enacted, with themes of fiscal stimulus, lower taxes, and less regulation representing potential tailwinds for the middle market.
read moreNXT Capital presents the three key questions investors should ask to understand the impact of unitranche loans on a fund’s risks and returns.
read moreMiddle market leveraged loan players are optimistic that deal flow will pick up in the fourth quarter after a lackluster year bled into the summer slowdown.
read moreAs the private mid-market debt asset class grows, choosing the right lending partnerships and financing diversification are uppermost in the minds of some of the market’s leading operators. Andrew Hedlund sat down with seven US private debt experts to find out more.
read moreUnitranche has established itself as a viable product but some careful questions about risk and reward need to be asked in order to make informed investment decisions. Kelli O’Connell and Joseph Lazewski of NXT Capital provide some useful direction.
read moreNXT Capital today announced that Brian Miazga has joined the company’s Corporate Finance Group as Managing Director, West Region. Brian’s responsibilities include new business originations, including structuring, underwriting and closing transactions.
read moreNXT Capital announced that it has provided a $31.5 million senior secured credit facility to support River Associates Investments’ and Premier Parking’s management team’s acquisition of Premier Parking.
read moreNXT Capital announced that it has provided a $42 million senior secured credit facility to support the refinancing of Aakash Chemicals and Dye-Stuffs, Inc. (“Aakash Chemicals”), a portfolio company of CenterOak Partners LLC (“CenterOak”).
read moreNXT Capital today announced that Cary Verasco has joined the company's Corporate Finance Group as Director, Northeast Region.
read moreNXT Capital announced that it has provided a $116 million senior secured credit facility to support LKCM Headwater Investments’ acquisition of TestEquity.
read moreNXT Capital announced that it has provided a $29 million incremental senior secured credit facility to support Resource Label Group’s add-on acquisition of Gintzler International.
read moreNXT Capital announced that it has provided a senior secured credit facility to support Gridiron Capital’s dividend recapitalization of Dent Wizard.
read moreNXT Capital announced that it has upsized its existing senior credit facility for America’s Auto Auction to support the company’s acquisition of Auction Broadcasting Company.
read moreNXT Capital announced that it has provided a $35 million senior secured credit facility to support Summit Park’s acquisition of Arkive Information Management, LLC.
read moreNXT Capital announced today that it provided a $33 million first mortgage loan to finance the acquisition of Gateway at Rock Hill Apartments, a newly constructed 312-unit, Class-A apartment community located in Rock Hill, South Carolina.
read moreNXT Capital announced today that it provided a $32 million first mortgage loan to finance the acquisition of three hotels located in the metro Dallas area.
read moreNXT Capital announced today that it provided a $24.5 million first mortgage loan to finance improvements at Link Apartments® Mixson, a 268-unit, Class-A apartment community located in Charleston, South Carolina.
read moreNXT Capital announced today that it provided a $28 million first mortgage loan to finance the acquisition of a three-building class- B office portfolio. The properties are Maitland 100, 555 Winderley, and 901 Maitland, all located in Maitland, Florida.
read moreNXT Capital today announced that Eddie Kwon has joined the company’s Real Estate Finance Group as Director, West Region.
read moreNXT Capital announced today that it provided an $18 million first mortgage loan to finance the acquisition of Verde Dimora, a 153-unit apartment community located in Mesa, Arizona.
read moreNXT Capital announced today that it provided a $12 million first mortgage loan to finance the acquisition of Courtyard Albuquerque, a 150-room select service hotel located in Albuquerque, New Mexico.
read moreNXT Capital announced today that it provided a $24.5 million first mortgage loan to finance the acquisition of 195 units, plus the purchase of additional units within Grand Reserve at Kirkman Parke, a 390-unit, garden-style residential community located in Orlando, FL.
read moreNXT Capital today announced that Linda Gorbenko has joined the company’s Real Estate Finance Group as Managing Director, West Region.
read moreNXT Capital announced today that it provided a $31.5 million first mortgage loan to finance the acquisition of a 246-unit, class-A townhome community located in Arlington, Texas.
read moreCompetition is fiercer than ever as a growing number of industry veterans set up their own shops or private equity firms diversify with closed-end credit funds. Andrew Hedlund sat down with six US private debt experts to find out more.
read moreAflac made headlines in March by committing $500m to a mid-market senior loan portfolio managed by NXT Capital.
read moreNXT Capital/Preqin report: investors view lower-middle-market direct lending as a desirable fixed income alternative in a low-yield environment
read moreIf obstacles are inevitable, how should managers approach non-performing or defaulting loans? Neil Rudd and Joseph Lazewski of NXT Capital chip in.
read moreNXT Capital, LLC today announced the closing of NXT Capital CLO 2017-1, a $406 million CLO. The financing is NXT’s fifth CLO and is secured almost exclusively by middle market senior secured loans originated by the company. The CLO has a four-year reinvestment period.
read moreNXT Capital, LLC today announced that its senior secured term and revolving loan facility has increased from $350 million to $425 million with the issuance of an additional $75 million term loan.
read moreNXT Capital announced today that it has reached an agreement with Aflac to underwrite and manage a $500 million private debt program which will focus on investments in middle market private debt originated by NXT Capital's Corporate Finance group.
read moreNXT Capital announced today that Linda Chaffin has joined the company as Head of Institutional Marketing. Chaffin’s responsibilities include expanding the firm’s fund raising and investor relations efforts, in which she will partner with Kelli O'Connell.
read morePrevailing fundamentals and a generally upbeat economic outlook foreshadow healthy levels of market activity. As a result, Neil Rudd and Heath Fuller of NXT Capital predict a strong year ahead, despite some near-term uncertainty following US elections.
read moreNXT Capital presents the three key questions investors should ask to understand the impact of unitranche loans on a fund’s risks and returns.
read more