Non-Traded REIT Share Classes Explained: What Every Letter Really Costs You

    Non-Traded REIT Share Classes Explained: What Every Letter Really Costs You

    TL;DR: A non-traded REIT's share class letter tells you almost nothing about the property portfolio and almost everything about who gets paid to sell it to you. Fortress Credit Realty Income Trust jus

    July 14, 2026

    Chicago Atlantic's $62.5M Koach Deal Shows What Cannabis Real Estate Credit Actually Pays

    Chicago Atlantic's $62.5M Koach Deal Shows What Cannabis Real Estate Credit Actually Pays

    TL;DR: Chicago Atlantic Real Estate Finance (REFI) just issued 4.3 million shares to Koach Capital in exchange for $62.5 million of second-lien notes secured by 32 cannabis retail properties. The note

    July 14, 2026

    Elevation Capital's $500M Fund IX Bets on India's AI App Layer

    Elevation Capital's $500M Fund IX Bets on India's AI App Layer

    Elevation Capital just closed a $500M fund to back seed and Series A AI startups in India, and paired it with a $400M late-stage vehicle for $900M in total firepower. Check sizes at the earliest stage

    July 14, 2026

    Titan Invest Review 2026: Fees, ARK Venture Fund Access, and the SEC Settlement You Need to Know

    Titan Invest Review 2026: Fees, ARK Venture Fund Access, and the SEC Settlement You Need to Know

    Titan Global Capital Management USA LLC, the registered investment adviser behind the Titan Invest app, pitches itself as hedge-fund-style active management for people who don't have hedge-fund m

    July 13, 2026

    Revenue-Based Financing for Accredited Investors: How RBF Deals Actually Work in 2026

    Revenue-Based Financing for Accredited Investors: How RBF Deals Actually Work in 2026

    A SaaS company with $2M in ARR takes a $600,000 advance from Lighter Capital. The repayment cap sits at 1.5x principal, so the company owes $900,000 total. Monthly royalty payments run 6% of reve

    July 13, 2026

    Private Credit's Mega-Fund Problem: Five Managers Raised $64 Billion While Retail BDCs Hit Redemption Walls

    Private Credit's Mega-Fund Problem: Five Managers Raised $64 Billion While Retail BDCs Hit Redemption Walls

    Five managers pulled in more than $64 billion in fresh private credit commitments during the first half of 2026. Barings raised $19 billion, Churchill Asset Management raised $16 billion, Crescen

    July 13, 2026

    SambaNova's $1B Series F Hit an $11B Valuation. Here's How You Actually Get Exposure.

    SambaNova's $1B Series F Hit an $11B Valuation. Here's How You Actually Get Exposure.

    SambaNova Systems closed the first tranche of a $1 billion Series F on July 8, 2026, at an $11 billion post-money valuation, led by General Atlantic with T. Rowe Price, Capital Group, BlackRock-m

    July 13, 2026

    Mavik Capital's $1B Bet on Distressed CRE: What the 2026 Maturity Wall Means for You

    Mavik Capital's $1B Bet on Distressed CRE: What the 2026 Maturity Wall Means for You

    Mavik Capital Management is out raising $1 billion for a new fund, VS3, built to buy distressed commercial real estate and commercial mortgage-backed securities (CMBS) before the 2026 loan maturi

    July 13, 2026

    Blue Origin's $10B Round Is Closed to You — Here's the Real Access Gap for Accredited Investors

    Blue Origin's $10B Round Is Closed to You — Here's the Real Access Gap for Accredited Investors

    Blue Origin is closing its first-ever outside funding round: $10 billion at a $130 billion pre-money valuation, according to reporting from Ars Technica on the deal . Coatue Management is leading

    July 13, 2026

    Aircraft Leasing Funds for Accredited Investors: The Real Access Points in 2026

    Aircraft Leasing Funds for Accredited Investors: The Real Access Points in 2026

    AE Industrial Partners Aerospace Leasing Fund II, LP filed an SEC Form D for a $300 million offering, and by the time the filing hit EDGAR the fund had already pulled in roughly $209 million of i

    July 13, 2026

    Regulation A+ Offerings Explained: The Accredited (and Non-Accredited) Investor Guide for 2026

    Regulation A+ Offerings Explained: The Accredited (and Non-Accredited) Investor Guide for 2026

    Regulation A+ is the SEC exemption that lets a private company raise up to $75 million in a 12-month period from both accredited and non-accredited investors without running a full-blown IPO regi

    July 13, 2026

    Churchill and Seviora's $400 Million CFO: What It Is, and Why You Can't Own It

    Churchill and Seviora's $400 Million CFO: What It Is, and Why You Can't Own It

    TL;DR: Churchill Asset Management and Seviora Holdings closed a roughly $400 million collateralized fund obligation (CFO) on July 13, 2026, blending Churchill's U.S. private equity and junior cap

    July 13, 2026