Strength in capital. Excellence in execution.
Founded in 2010, Keystone Equities is a real estate private credit and opportunistic equity platform with a track record across diverse property types, markets, and transaction structures. Our principals have closed more than $2 billion in real estate transactions, and we operate today with institutional-grade infrastructure and deep, programmatic capital partnerships.
We invest nationwide and across the capital stack, from senior debt and mezzanine to preferred and common equity. We specialize in finding and capitalizing on inefficiency in the market, and we win on speed, creativity, and disciplined execution rather than on the last basis point.
Disciplined underwriting. Entrepreneurial structuring. Hands-on execution.
Keystone was built by operators, not just allocators. That shapes how we work.
Credit is our engine.
Well-secured lending produces predictable income and lets us scale a durable platform.
Equity is selective.
We take high-conviction positions where our operational edge creates meaningful profit, never as a passive LP.
Alignment first.
We use creative structures that align our interests with our partners on every deal.
Downside before upside.
We underwrite the base case conservatively and stress the downside, so the upside takes care of itself.
Investment Criteria
| Geography | U.S. focused, with depth in NYC and the Tri-State area, Florida, and major gateway and high-growth markets |
|---|---|
| Asset Classes | Multifamily, mixed-use, office, retail, industrial, condo, and land |
| Credit Size | $25M to $400M senior bridge, stretch senior, and construction |
| Equity Size | $30M to $150M+, value-add and opportunistic |
| Position | Senior debt, mezzanine, preferred equity, and GP / co-GP common equity |
| Hold | Credit: short to medium term. Equity: 2 to 5 years |
Backed by institutions. Trusted by sponsors.
Keystone has executed independently and alongside strategic institutional joint-venture partners. Our capital relationships include some of the nation’s largest private equity funds and a select group of family offices and high-net-worth investors. That base lets us commit with confidence and close with certainty.