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Alternative Assets  + Real Estate  |  December 7, 2023
Denholtz Properties Launches Rescue Capital Fund
Joe Palmisano
By: Joe Palmisano

Denholtz Properties Launches Rescue Capital Fund

Denholtz Properties, a real estate development and investment company, has launched Denholtz Opportunity Fund II, which offers capital structure services through preferred equity and/or mezzanine debt, providing proceeds of $5 million and $25 million per project throughout New York, New Jersey, Pennsylvania, Florida and the Southeast.

The specialized fund is designed to support commercial real estate owners navigating temporary capital challenges including operating deficits, refinancing obstacles, unmet sale projections, cost overruns and leasing below initial estimates.

“As owners ourselves, we are acutely aware of the capital challenges today’s macroeconomic environment brings to owners and developers,” says Steven Denholtz, Denholtz Properties’ CEO. “We are proud to introduce our bespoke rescue capital solutions to the commercial real estate community to help companies find success in a difficult market.”

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Denholtz Properties

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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