Origin Credit Advisers LLC Announces Funding of $50 Million Bridge Loan 

Loan Closing for Origin Real Estate Credit Fund: A 348-Unit Class A Community in Manor, Texas Developed by Allied Orion Group

DENVER and CHICAGO (August 18, 2026) – Origin Credit Advisers LLC, an investment advisor registered with the SEC,¹ is announcing a bridge loan closing for Origin Real Estate Credit Fund, a multifamily credit interval fund. The $50 million bridge loan is for Evergreen at Whisper Valley, a 348-unit multifamily development in Manor, Texas, in the Austin MSA. Specific terms of the loan transaction were not disclosed.

This loan closing marks the third closing completed by Origin Credit Advisers in approximately 45 days. In the aggregate, Origin has completed loans on two assets in Texas and one in North Carolina totaling $159.7 million.

Located at 16601 E Braker Lane and built in 2025, the three-story garden community is just east of Highway 130 in the Whisper Valley Master Plan. At build-out, the community will also include 7,500 single family and multifamily residences, garden office, retail villages with restaurants, boutique shopping, grocery and neighborhood services.

Origin Investments is a multifamily real estate fund manager with more than $3.8 billion in assets under management.²

“We continue to believe that vintage matters for Class A residential communities³ in today’s multifamily development and private debt markets,” said Tom Briney, president and chief investment officer, Origin Credit Advisers. “Evergreen at Whisper Valley is well-positioned in the market and has delivered at a time when completions are slowing, further adding to the property’s competitiveness.“

Property amenities include reserved, covered parking, EV charging stations, bike parking, onsite dog park and pet spa, a demonstration kitchen, a luxury pool with cabanas, a club-quality fitness studio and sports simulator, outdoor exercise area, a modern clubhouse and work-from-home spaces.

The community is comprised of studio, one, two and three-bedroom units featuring stainless steel appliances, custom cabinetry and kitchen islands, granite countertops, double bathroom vanities, full sized in-unit washer and dryers, and private balconies or patios. Developer Allied Orion Group is a fully integrated, full-service multifamily property management, construction and investment firm based in Houston, Texas.

Earlier this month Origin announced a $60.2 million bridge loan for Willows at Stallings, a 315-unit multifamily development in Stallings, NC. In early June, Origin announced a $49.5 million bridge loan closing for Grayson on 4^th, a 336-unit multifamily development in Fort Worth, Texas. 

The Origin Real Estate Credit Fund, available under the ORRIX and ORROX symbols, combines public and private multifamily credit strategies across the capital stack, including direct loans to developers and operators, bonds backed by Freddie Mac, and pooled property loan obligations backed by commercial real estate (CRE CLOs). The fund’s credit investments are generally backed by multifamily real estate.

The closed-end fund seeks to generate consistent income, preserve capital and provide portfolio exposure to public and private multifamily strategies. Origin Real Estate Credit Fund is available under the ticker ORRIX for financial advisors through major custodial platforms, including Schwab, Fidelity, and Pershing. Self-directed investors without a financial advisor may invest directly by opening an account with the fund’s administrator, Ultimus Fund Solutions. The fund’s Class I shares (ORRIX) are available to investors without accreditation requirements, subject to a $5,000 minimum investment.

As an interval fund, the Origin Real Estate Credit Fund is required to make quarterly offers to repurchase from 5% to 25% of its outstanding shares. This repurchase potential provides liquidity that may not be available in traditional real estate and private equity fund investments⁴.

The Origin Real Estate Credit Fund is the result of the merger of the Origin Multifamily Credit Fund, created in September 2021, and the Origin Strategic Credit Fund, established in April 2023. Briney, who has more than 19 years of experience in commercial real estate, was named president of the firm at that time.

1. Registration as an adviser does not connote a specific level of skill or training nor an endorsement by the SEC.
2. References to ‘assets under management’ or ‘AUM’ represent the real estate investments managed by Origin Investments’ subsidiaries, including Origin Credit Advisers, an SEC-registered investment adviser, as to which Origin is entitled to receive a fee, preferred return, or carried interest. Origin’s calculation of AUM may differ from the calculations of other real estate asset managers and, as a result, Origin’s measurement of its AUM may not be comparable to similar measures presented by other asset managers. AUM as of 3/31/26.
3. The term “Class A” is a commonly used but non-standardized industry designation. Generally refers to newer construction (typically within the last 10 years) featuring high-quality finishes, modern amenities, and a desirable location. Classifications may vary by market and are not based on a universal standard.
4. No Shareholder will have the right to require the Fund to redeem its shares. There is no assurance that investors will be able to tender their shares when or in the amount desired.

Glossary

CRE CLO: A commercial real estate collateralized loan obligation (CRE CLO) is a type of security backed by a pool of commercial real estate loans, often transitional or bridge loans. Investors in a CRE CLO receive payments from the interest and principal on the underlying loans.

Freddie Mac: The Federal Home Loan Mortgage Corporation (commonly called Freddie Mac) is a U.S. government–sponsored enterprise that buys mortgages from lenders, packages them into securities, and guarantees the payments to investors. In commercial real estate, Freddie Mac provides financing programs for multifamily properties.