Funds
CDMX Participating Debt Fund I
New Harbor RE (NHRE) has raised a US $50MM Private Credit Real Estate fund focused on providing secured participating debt to residential developers in Mexico. The fund is immediately placing US $36MM as secured participating debt in 4 residential projects in Mexico City. The remaining commitment will be called within the next 12 - 18 months to invest in new participating debt opportunities and ones in the pipeline.
CDMX II
Founded in 2023, CDMX II is the second fund from New Harbor RE. Similar to CDMX I, this fund has a $50M USD credit facility in place, but allows us flexibility to finance residential developers in all areas of the capital stack, ranging from construction and mezzanine debt, to equity participation. This flexibility allows us to be versatile and opportunistic when presented with a wide variety of opportunities.