Senior debt funds (CRE bridge lending)
Lend to other sponsors at 10–13% net yields
Best for: Accredited investors prioritizing yield with downside protection.
Pros
- 10–13% net yields available in 2026
- First-lien position
- Shorter hold (1–3 years typical)
- Cash flow from day one
Watch-outs
- Limited upside (interest only)
- Underwriting quality varies wildly by fund
Pricing: $25K–$100K minimum · 10–13% target net yield