BOSTON–(BUSINESS WIRE)–Cardinal Capital Group (“Cardinal”), a leading private lender to residential real estate investors and developers, today announced the closing of its first residential transitional loan (“RTL”) securitization backed by $130 million in collateral.
The offering, Cardinal Mortgage Trust 2025-RTL1 (“CRDNL 2025-RTL1”) saw strong, oversubscribed investor participation, highlighting Cardinal’s track record for disciplined underwriting, quality collateral, and consistent performance. The securitization was initially backed by 94 RTL loans, financing approximately 365 housing units, with over 70% of the collateral supporting housing in Massachusetts. The transaction includes a two-year revolving period, enabling Cardinal to reinvest loan payoffs and continue scaling originations.
“Our inaugural securitization highlights the strength of our credit platform and validates investor confidence in our lending model,” said Briana Hildt, Chief Executive Officer. “This transaction directly enhances our capacity to deliver the certainty, speed, and reliability our borrowers depend on.”
“Diversifying our capital base is essential to supporting real estate investors nationwide,” added Dominic Blad, Chief Investment Officer. “This transaction strengthens liquidity for builders and developers who are creating and revitalizing housing supply across the country.”
Performance Trust Capital Partners, LLC (“Performance Trust”) served as sole structuring agent, bookrunner, and initial purchaser. Dechert LLP acted as legal counsel to Cardinal and Mayer Brown LLP represented Performance Trust. Adige Asset Advisory LLC consulted on operational optimization throughout the securitization process.
About Cardinal Capital Group
Cardinal Capital Group (“Cardinal”) is a leading private lender specializing in business-purpose residential loans across New England and select national markets. Through a fully integrated platform spanning origination, underwriting, funding, and servicing, Cardinal delivers fast, reliable capital for acquisition, renovation, construction, and bridge-to-rental residential projects.
Since its inception in 2021, Cardinal has originated more than $1.5 billion in investor loans, supported by long-term institutional financing partners and a modern capital markets strategy. Cardinal-financed projects fuel housing investment and revitalization across New England, the Carolinas, New Jersey, Florida, and other expanding regions.
Contacts
Media
Nina Gozzi
Cardinal Capital Group
[email protected]
