Archwest Capital Closes $300M Inaugural Rated Securitization
Archwest Capital LLC announced the closing of Archwest Mortgage Trust 2025-RTL1, its first rated securitization backed by residential transition loans (RTLs) totaling $300 million. The offering was nearly five times oversubscribed, underscoring robust institutional appetite for high-quality, short-duration real estate credit exposure.
The transaction issued notes across four tranches (A1, A2, M1, M2), all rated by DBRS Morningstar. The initial collateral pool consisted of 318 residential transition loans with an aggregate unpaid principal balance of approximately $274 million, supplemented by an accumulation account of $41 million in cash.
“As we continue expanding our lending footprint nationwide, securitizations like these enhance our ability to deliver certainty and scale for real estate investors,” said Shawn Miller, CEO and Founder of Archwest Capital. “Our borrowers depend on speed, reliability, and consistency of execution. This transaction reinforces our commitment to providing exactly that across market cycles.”
The structure incorporates a two-year revolving period, allowing principal payoffs from underlying loans to be reinvested into newly originated collateral. This design enhances funding flexibility and platform scalability, while credit protections—including subordination, overcollateralization, and excess spread—provide robust risk mitigation. A Pre-Funding Interest Account was also established to ensure timely interest payments in the early months of the deal.
Goldman Sachs and Barclays served as joint bookrunners, with Resolute providing third-party due diligence and FCI Lender Services, Inc. acting as servicer.
The securitization caps a record-setting year for Archwest, which surpassed $1 billion in cumulative loan originations in early 2025 and remains on track to exceed $2 billion by year-end. Since inception, the firm has originated over $1.5 billion across 44 states, financing projects ranging from fix-and-flip and ground-up construction to DSCR, bridge, and rental portfolio loans.
Archwest’s growth trajectory has been further supported by a strategic investment from Bain Capital in 2024.