Financial Solutions for Commercial Real Estate.
Experienced professionals. Time-tested results. Strategic execution. A better solution for institutional real estate lending.
AFC Gamma is an institutional lender to the commercial real estate sector. The firm leverages its time-tested core competencies in private lending and real estate. AFC Gamma provides bridge loans and direct loans ranging from $5 million to $100 million and up. The firm targets investing strategically across multiple real estate sectors, taking advantage of market opportunities – driven by AFC Gamma’s extensive industry experience, financial flexibility and systematic speed of execution.
AFC GAMMA
is a NASDAQ-listed Real Estate Investment Trust (ticker: AFCG).
The Advantages of a REIT
AFC Gamma is a real-estate investment trust which gives investors access to income generating commercial real estate investments. Not only is a real-estate vehicle appropriate for a real-estate lender, but a REIT offers investors several benefits. It’s income-oriented, with REIT participants eligible for a steady stream of distributions. And since REITs earn their tax exemption by distributing at least 90% of their income to shareholders and a 20% Qualified Business Income Deduction, REITs can typically generate higher-yielding (taxable) distributions to their investors.
Why AFC Gamma
The real estate market today sits at a crossroads – and AFC Gamma is primed to take advantage of the current opportunity set by traditional banks pulling back from commercial real estate lending. By stepping in to fill this void, AFC Gamma can arrange loans with attractive financial returns on select properties.
With a team that has decades of experience in commercial real estate lending, and an expertise in cannabis, AFC Gamma offers investors and clients deep industry knowledge coupled with a repeatable process to ensure a timely execution of transactions.
Rigor
Our multi-step underwriting process is highly selective and attuned to investing in opportunities with attractive risk-adjusted returns while securing collateral to manage downside risk.
Growth
We structure loans to meet our borrower’s needs. This customized approach means that AFC Gamma can grow and expand our partnerships, which benefits our borrowers as well as our investors. A well-tailored deal is more apt to deliver strong returns.
Partnership
We aim to develop long-lasting relationships with our borrowers, sponsors and investors. We believe that AFC Gamma’s institutional approach for structuring deals and reputation for building relationships provides a unique opportunity for flexible, timely financing solutions across the real estate market.
LEADERSHIP
AFC Gamma is proud of the leading industry experts and management team we’ve assembled whose backgrounds are directly related to generating cash flow and real-estate lending. Meet our senior-level executives; see full team here.
* Investment instruments represent a variety of benefits and risks. A well-diversified investment portfolio generally allows for a more balanced risk/reward profile than one that is heavily concentrated in one or a limited number of investment instruments. Similar to many investment options, REITs can offer a number of benefits but they also carry a variety of risks. When considering participation in a REIT in comparison to participating in other investment products, an investor should evaluate any similarities and differences among the various investment options being considered so that a thoughtful decision can be made as to which investments may be appropriate for that investor..
Please contact us for additional information about AFC Gamma and the solutions we can deliver for you.
525 Okeechobee Blvd., Suite 1650 West Palm Beach, FL 33401 | (561) 510-2390 | [email protected]
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Leonard M. Tannenbaum, CFA
Chief Executive Officer of the Manager, Chief Executive Officer of AFC and Class I Director of AFC.
He is responsible for the overall management of AFC and leads the firm’s Investment Committee, which is responsible for overseeing investment processes including origination, credit underwriting, risk analysis and investment approvals. Mr. Tannenbaum and his management team members have been involved in approximately $10 billion of successful loan transactions. Mr. Tannenbaum is of Cuban heritage with extensive leadership experience. He was formerly the founder and CEO of Fifth Street Asset Management (Fifth Street), a credit asset manager with a nationwide platform, which was sold to Oaktree Capital Management in 2017. Prior to its sale to Oaktree, Fifth Street had a core focus on disciplined credit investing across multiple economic cycles, and issued billions of dollars in public equity, private capital and public debt securities. Fifth Street made flexible investments across capital structures to growing middle market companies, primarily in conjunction with private equity sponsors. It managed $5 billion of assets across multiple private investment vehicles and two publicly-traded business development companies. Subsequent to the sale to Oaktree in 2017, Mr. Tannenbaum founded LMT Investments, a singly family office that is focused on allocating capital across various strategies including credit via Tannenbaum Strategic Credit Fund, a $100MM+ fund, equities and real estate. Mr. Tannenbaum graduated from The Wharton School of the University of Pennsylvania, where he received a B.S. in economics. Subsequent to his undergraduate degree from the University of Pennsylvania, he received an MBA in Finance from The Wharton School as part of the submatriculation program. He is also a holder of the Chartered Financial Analyst designation and is a member of The Wharton Graduate Executive Board.
Robyn Tannenbaum
Partner, President
Mrs. Tannenbaum has over 7 years’ experience focusing on mergers and acquisitions and leveraged loans to healthcare companies. Additionally, she has 5 years of experience as an investor relations professional within the finance industry. Mrs. Tannenbaum formerly served as Head of Investor Relations at Fifth Street Asset Management and as a Vice President in Healthcare mergers and acquisitions at CIT Group Inc. She graduated summa cum laude with a B.S. in Finance, with a concentration in Marketing and a Public Relations minor from Lehigh University.
Jonathan Kalikow
Principal of Manager, Head of Real Estate and Class II Director of AFC. Mr. Kalikow is AFC’s Head of Real Estate as well as a member of the AFC Board.
He is president and founder of Gamma Real Estate, a boutique commercial real estate firm based in New York City. The firm lends on real estate nationwide, owns a portfolio of approximately 5,000 apartments and several office properties in the Southeastern US, and developments real estate, including an 850 unit residential building on Sutton Place in Manhattan. Prior to co-founding Gamma Real Estate, Jonathan Kalikow spent 18 years on Wall Street investing across industries and asset classes as a proprietary trader at Morgan Stanley and then as a hedge fund trader and portfolio manager. Mr. Kalikow is a graduate of the Wharton School of Business with degrees in Real Estate and Finance. He also holds a JD from Fordham University School of Law and is a member of the New York State Bar Association.