Pearlmark Announces Final Closing of Pearlmark Mezzanine Realty Partners VI, L.P.

Chicago, IL (June 30, 2026) – Pearlmark is pleased to announce the final closing of Pearlmark Mezzanine Realty Partners VI, L.P. (“Mezz VI” or the “Fund”). Mezz VI is the firm’s exclusive subordinated debt investment vehicle, fulfilling borrower demand for gap financing solutions on recapitalizations, acquisitions, and development projects. Pearlmark Mezz VI targets domestic institutional real estate assets through a variety of debt instruments, primarily focused in mezzanine lending. Pearlmark Mezz VI primarily invests in multifamily and other adjacent sectors, including student housing, active senior, and build-for-rent communities, as well as in industrial/logistics sectors. The Fund also considers investments in mixed-use, medical office, and grocery-anchored retail properties. Pearlmark covers the top 30 metropolitan areas nationwide and will consider other selective locations.

The Fund held its final closing on June 30, 2026, reaching a total of approximately $528 million in capital commitments, including discretionary separately managed accounts. Mezz VI seeks to execute high-yield investments through a variety of debt instruments ranging from $5 to $50 million with three- to seven-year terms. The Fund is over 30% committed having made fifteen (15) investments to date. Pearlmark was also recently named Mezzanine Lender of the Year for 2025 by PERE Credit. 

“Pearlmark has been a market leader in mezzanine finance since its initial fund in 2001 and looks to continue as a capital provider of choice for sponsors/borrowers, senior lending partners and investors through Pearlmark Mezzanine Realty Partners VI,” stated Douglas Lyons, Managing Principal of Pearlmark.

Stephen Quazzo, CEO & Co-Founder of Pearlmark, further commented, “We greatly appreciate the support of our existing institutional investor base, many of whom recommitted to Pearlmark to invest in this fund. Furthermore, we remain excited about the market opportunity in real estate for private credit providers, especially in the middle-market space.”

About Pearlmark

Pearlmark is a Chicago-based investment firm that targets domestic core-plus to value-add real estate opportunities via commingled funds, separate accounts, and joint venture structures. Since 1996, the Pearlmark team has sponsored more than 15 real estate equity and debt investment programs and completed 613 real estate equity and debt transactions on behalf of investors, representing $6.3 billion in equity capital commitments, $14.7 billion in gross investment value, and 183 originated loans aggregating over $2.6 billion in commitments. Pearlmark is dedicated to creating value for its investors and offers a range of investment opportunities nationwide across various property types (primarily industrial and multifamily). For more information, please visit https://www.pearlmark.com.