Maverick Real Estate Partners launching $75m debt fund

The US firm is raising its fourth such vehicle, with its principal and co-founder calling the peak of the New York real estate cycle.

Maverick Real Estate Partners is fundraising for its fourth debt fund, sister title Real Estate Capital has learned.

The private equity manager is targeting $75 million for Maverick Lien Fund IV LP, which will invest in distressed commercial mortgage, judgement, and UCC liens secured by properties within a 100-mile radius of Manhattan.