Inside S2 Capital's $211 Million Continuation Vehicle: What the Mezzanine Exchange Really Means for LPs
    Real Estate

    Inside S2 Capital's $211 Million Continuation Vehicle: What the Mezzanine Exchange Really Means for LPs

    TL;DR: S2 Capital wants to raise $115 million (up to $130 million) from investors to recapitalize 26 Sun Belt apartment properties, 9,700 units, originally purchased for $1.26 billion. Combined with a debt-to-equity...

    Jeff Barnes, MBA··11 min read
    Preferred Equity in Real Estate: The Risk and Return Sweet Spot Between Debt and Common Equity
    Real Estate

    Preferred Equity in Real Estate: The Risk and Return Sweet Spot Between Debt and Common Equity

    TL/DR: Preferred equity in real estate syndications sits above common equity and below all debt in the capital stack. It targets 10-14% all-in annual returns, splits between a current cash pay (typica

    Jeff Barnes, MBA··12 min read
    S2 Capital Faces $140 Million in Foreclosures. Here Is What Went Wrong and What Multifamily LPs Should Learn.
    Real Estate

    S2 Capital Faces $140 Million in Foreclosures. Here Is What Went Wrong and What Multifamily LPs Should Learn.

    TL;DR: S2 Capital, a Dallas-based multifamily syndicator led by Scott Everett, is facing foreclosure auctions on at least three DFW properties totaling $140 million in July 2026. Total distress across

    Jeff Barnes, MBA··11 min read
    Alternative Investments investment insights — Real Estate Syndication Investing: What High-Net-Worth Investors Actually Need
    Alternative Investments

    Real Estate Syndication Investing: What High-Net-Worth Investors Actually Need to Know

    Real estate syndications have exploded in popularity among high-net-worth investors, and for understandable reasons. The pitch is compelling: pool your capital with other accredited investors, let an experienced operator acquire and manage a commercial property, collect quarterly distributions, and

    Jeff Barnes, MBA··9 min read