StanCorp Financial Group and Soundview Real Estate Partners have acquired minority stakes in JCR Capital Investment Corporation as part of that firm’s recapitalisation effort, JCR announced in a statement Monday.
The partnership with StanCorp will allow the real estate finance specialist to expand its bridge loan origination business. Earlier this month, JCR announced that it would originate $100 million on behalf of Standard Insurance, a StanCorp subsidiary.
