Origin Credit Advisers LLC, an investment advisor registered with the SEC, announced the offering of Origin Real Estate Credit Fund, a multifamily credit interval fund that seeks to capitalize on existing multifamily sector dynamics.
Origin Credit Advisers is an affiliate of Origin Investments, a leading multifamily real estate fund manager with more than $3.6 billion in assets under management2.
“Increasingly, supply constraints and capital shifts are influencing the landscape, and we believe this represents a compelling environment for a targeted credit strategy in multifamily real estate,” said Thomas Briney, president of Origin Credit Advisers. “The strategy of the fund allows us to do what we do best: identify and analyze multifamily credit investment opportunities and then move to where we believe the market is providing the highest-potential opportunities.”
The Origin Real Estate Credit Fund is expected to be available under the ticker ORROX for financial advisors through major custodial platforms, including Schwab, Fidelity and Pershing. Self-directed investors without a financial advisor may invest directly by opening an account with the fund’s administrator, Ultimus Fund Solutions. The fund’s Class I shares (ORRIX) are available to investors without accreditation requirements, subject to a $5,000 minimum investment.
As an interval fund, the Origin Real Estate Credit Fund is required to make quarterly offers to repurchase from 5% to 25% of its outstanding shares. This repurchase potential provides liquidity that may not be available in traditional real estate and private equity fund investments.
The Origin Real Estate Credit Fund is the result of the merger of the Origin Multifamily Credit Fund, created in September 2021, and the Origin Strategic Credit Fund, established in April 2023.
