Distressed & Sub-Performing Loans.
We source and acquire non-performing and sub-performing commercial real estate loans, and pursue the resolution best suited to each situation.
Investing in commercial real estate loans and properties involving material complexity, transition, or event-driven circumstances.
1914 Capital acquires commercial real estate loans and properties involving material complexity, transition, or value-add potential.
Our strength lies in situations where commercial real estate debt intersects with significant legal, environmental, operational, or capital complexity.

We source and acquire non-performing and sub-performing commercial real estate loans, and pursue the resolution best suited to each situation.
We acquire commercial real estate where complexity obscures the value.
We lend on complicated commercial real estate, underwriting the whole situation, not one number.
We provide capital and restructure ownership for properties in transition or distress.
We partner with owners and operators to move complex assets forward.
Loan maturities, refinancing gaps, lender fatigue, non-performing and sub-performing loans.
Fractured ownership, generational transfers, estates, partnership realignments.
Remediation obligations, regulatory exposure, historic industrial use.
Non-conforming uses, entitlement hurdles, redevelopment constraints.
Vacancy, deferred maintenance, tenant instability, repositioning needs.
We use advanced data workflows and AI-enabled analysis to organize fragmented market, legal, financial, ownership, and property-level information and identify emerging situations.
We identify developments that may affect a loan, property, ownership structure, or transaction.
We evaluate information across the debt, the underlying real estate, the parties, and the broader legal and financial context to assess basis, risk, execution, and potential value-add or redevelopment opportunities.
Technology supports the process. Experience drives the investment decision.
1914 Capital focuses on commercial mortgage loan acquisitions and select direct property investments involving legal, financial, physical, environmental, ownership, or execution complexity.
The firm brings together capabilities in complex real estate, debt and legal analysis, construction and redevelopment, land use, environmental matters, data, and AI.
Based in the New York metropolitan area, we invest primarily throughout the Northeast and selectively across other East Coast markets.
To discuss a commercial real estate loan, property, or complex situation, contact us directly.
All submissions are reviewed confidentially.