Roc360 Closes $200M Residential Bridge Loan Securitization, Rated by DBRS Morningstar

PR Newswire

NEW YORK, March 18, 2025

NEW YORK, March 18, 2025 /PRNewswire/ -- Roc Capital Holdings LLC ("Roc360"), a vertically integrated platform for residential real estate and a leading nationwide originator of investor loans, today announced the closing of a $200 million rated securitization of residential transitional loans ("RTLs"), Roc Mortgage Trust 2025-RTL1.

"The securitization, structured as a syndicated revolving securitization, received strong demand and was oversubscribed, attracting broad institutional participation," said Andrew Whelan, President of Roc360 REIT.

The securitization includes approximately $190 million in offered notes across two senior classes and two mezzanine classes. It consists of a pool of performing, fixed-rate, interest-only, first-lien mortgage loans to real estate investors. Eligible collateral includes transitional one-to-four-family residential, multifamily, and mixed-use properties. The offered notes were divided into four classes (A1, A2, M1, and M2), all of which were sold.

The transaction incorporates robust credit enhancement through subordination, overcollateralization, and excess spread, which support the credit ratings assigned by DBRS Morningstar. As a revolving securitization, the structure allows for the addition of new loans over a two-year period, further supporting the growth of Roc360's lending program.

Nomura Securities International, Inc. acted as the sole lead structuring agent for the transaction. Morgan Stanley & Co. LLC served as joint bookrunner and co-lead manager. The securitization was sponsored by Roc360 Real Estate Income Trust, a private mortgage REIT on the Roc360 platform. Roc360, through its affiliated entities, provides loan origination, servicing, and asset management functions. All loans in the mortgage pool were originated and underwritten by Roc360 affiliates: Roc Capital, Finance of America Commercial, and CIVIC Financial Services.

As Roc360 continues to serve its network of private lenders, borrowers, and institutional partners, the company leverages proprietary technology and data science to assess risk and optimize asset performance. Since 2014, Roc360 and the brands it has acquired have collectively funded over $28 billion in loans across the United States, fueling growth in the residential transitional space and providing a reliable capital source for real estate investors.

About Roc360

Founded in 2014, Roc360 is a vertically integrated financial services platform specializing in residential real estate investment loans for professional investors. Headquartered in New York City, Roc360 employs over 400 people who support its comprehensive suite of financial solutions, including underwriting, servicing, insurance, and risk management. Roc360 is committed to empowering real estate investors with scalable, data-driven capital solutions.

For Roc360 Media Relations: pr@roc360.com

For more information about Roc360, please visit www.roc360.com

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SOURCE Roc360

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March 18, 2025 13:30 ET (17:30 GMT)