With an ecosystem of insight, engagement, and collaboration with various stakeholders across key real estate markets of India, WSB has committed more than INR 2622 Cr (~US $320 Mn) of debt capital to the Housing sector. The group has made 58 debt investments spread across 5 metros and has secured exits in 77% of these transactions. Advising on managing the 4 Equity transactions worth ~USD 180 Mn through their long investment cycle has enabled the team to better underwrite and structure the risk- framework around the deals.
Focussing on monetizing assets through steady cash-flow generation and providing capital support for on-ground execution, over the years, WSB has helped its development partners deliver 20,000+ housing units of superior quality. Escrow mechanisms, regular debt servicing, and robust reporting structures around sales and execution have further helped instil an institutional culture among the developers.
Investment Structure | Senior Secured Debt | Opportunistic | Senior Secured Debt | Senior Secured Debt | Opportunistic | |
Strategy | Mid-income residential real estate | Residential real estate | Mid-income residential real estate | Mid-income residential real estate | Portfolio Of Residential/Commercial Project | |
Vintage | Since 2013 | 2013 | 2018 | 2021 | 2007 | |
Status | Ongoing | Closed | Partially Exited | Ongoing | Ongoing | |
Transactions | 14 | 7 | 10 | 6 | 4 | |
Size | ~INR 7,300 Mn | ~INR 1,600 Mn | ~INR 3,500 Mn | ~INR 5,200 Mn | ~USD 180 Mn* | |
Exits | 11+1 partial | 7 | 6+3 partial | 1 | 2+1 partial |
*Considered conversion rate at the time of investment
Walton Street Blacksoil Real Estate Debt Fund II (WSBREDF II)
Walton Street Blacksoil Real Estate Debt Fund l (WSBREDF I)
Blacksoil Realty Trust (BRT)