Articles from Prospect Credit REIT, LLC
NEW YORK, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Prospect Credit REIT, LLC (“PCRED”), a non-traded real estate fund focused on real estate credit and managed by an affiliate of Prospect Capital Management L.P. (“Prospect”), announced today a 9% shareholder distribution rate per annum for October 2025 based on the most recent quarterly net asset value (“NAV”).
By Prospect Credit REIT, LLC · Via GlobeNewswire · November 20, 2025
NEW YORK, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Management L.P. (“Prospect”), investment adviser to Prospect Capital Corporation (NASDAQ: PSEC), through its real estate private credit platform, announced today the availability of its private real estate credit strategy on the iCapital Marketplace, SUBSCRIBE Platform and SEI AccessTM. To date, financial representatives and advisors have been able to access other closed-end investment company and business development company products managed by the experienced team at Prospect on these marketplaces, and now financial representatives and advisors will now be able to also access real estate credit strategies managed by Prospect and its affiliates.
By Prospect Credit REIT, LLC · Via GlobeNewswire · November 13, 2025
NEW YORK, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Prospect Credit REIT, LLC (“PCRED”), a non-traded real estate fund focused on real estate credit managed by an affiliate of Prospect Capital Management L.P. (“Prospect”), has closed on a credit investment to recapitalize Skyline Apartments, a 588-unit, Class A stabilized cash-flowing multifamily property in New Rochelle, NY. Originally constructed in 2007 by AvalonBay, the property is owned by a joint venture between affiliates of Harbor Group International and Azure Partners.
By Prospect Credit REIT, LLC · Via GlobeNewswire · November 12, 2025
NEW YORK, Sept. 08, 2025 (GLOBE NEWSWIRE) -- For the six months ended June 30, 2025, Prospect Credit REIT, LLC (“PCRED”), a non-traded real estate fund focused on real estate credit and managed by an affiliate of Prospect Capital Management L.P. (“Prospect”), has achieved an annualized total return of 14.16% to investors. Inception-to-date, PCRED has achieved an annualized total return of 13.01% to investors.1
By Prospect Credit REIT, LLC · Via GlobeNewswire · September 8, 2025