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January 18, 2013
07:05 EDTPSECProspect Capital expands into real estate yield investments
Prospect Capital has expanded its diversified yield investment business into the real estate marketplace with three new investments aggregating nearly $50M. Prospect closed more than $2.25B of originations in calendar year 2012 across more than 50 new portfolio companies, not including transactions with existing portfolio companies.
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November 17, 2015
07:47 EDTPSECWells Fargo to hold a forum
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November 11, 2015
07:04 EDTPSECProspect Capital invests $9M in Orchard Village Apartments
Prospect Capital announced that a Prospect affiliate and co-investors recently acquired Orchard Village Apartments for $34.5M of total asset value, $9.0M of which was funded by a Prospect affiliate. Sinatra & Company Real Estate and Stadt Group, two residential property acquisition and management firms, provided 20% of the equity capital on a basis subordinated to Prospect's capital. Prospect invested through National Property REIT, a private real estate investment trust owned and controlled by Prospect. Sinatra and Stadt serve as day to day managers of Orchard's operations.

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