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TurnCap operates as a direct lending platform, providing specialized commercial real estate financing, primarily through bridge loans for multifamily and commercial property projects. The firm utilizes its extensive network and expertise to offer flexible capital solutions, often catering to situations where traditional lending avenues are less accessible. Its approach integrates market knowledge with efficient processes to facilitate property acquisitions, recapitalizations, and developments.
The company was founded by a team with decades of collective experience spanning commercial real estate lending, complex legal negotiations, and large-scale asset management. This deep institutional knowledge underpins TurnCap’s operational strategy, driven by an understanding of market inefficiencies and the demand for agile financing partners. The founders identified a critical need for responsive and tailored capital in the dynamic real estate sector.
TurnCap serves commercial real estate sponsors and investors seeking non-traditional financing for a variety of projects. It partners with experienced professionals who possess strong assets and viable business plans, offering an alternative pathway to secure necessary capital. The firm’s vision is to be the preferred financing partner for commercial real estate endeavors, enabling growth and strategic execution through its specialized lending programs.
TurnCap has 1 tracked investment across 1 company. The latest tracked deal is $1.5M Seed in MedPilot in February 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 20, 2020 | MedPilot | $1.5M Seed | Hudson River Capital Partners, REM Harris, North Coast Ventures, Turncap, Valley Growth Ventures, Wavemaker Three Sixty Health | JON Pinney |