Under the so-called forward-flow partnership, Harvest will originate loans that will be acquired by BXCI, the companies said. The loans will be secured by first lien mortgages on owner-occupied commercial real estate.
Forward flow agreements have been a popular way for private credit firms to partner with banks and other lenders to expand their origination capabilities.
“We’re focused on finding high quality assets that are a good fit for our approach, particularly with hard assets,” said Jack Ervasti, ...