Origin Credit Advisers LLC Announces Funding of $60.2 Million Senior Construction Loan in Partnership with Gateway Communities
Loan Closing for Origin Real Estate Credit Fund: a 315-Unit Class A Community in Stallings, NC Developed by Gateway Communities
Contacts:
Michael Millar, Open Slate Communications, 847-863-1037,
DENVER and CHICAGO (August 3 2026) – Origin Credit Advisers LLC, an investment advisor registered with the SEC,1 is announcing a senior construction loan closing for Origin Real Estate Credit Fund, a multifamily credit interval fund. The $60.2 million senior construction loan is for Willows at Stallings, a 315-unit multifamily development in Stallings, NC. Specific terms of the loan transaction were not disclosed.
The closing of this loan transaction marks the second closing within approximately 45 days for Origin Real Estate Credit Fund. In June, Origin announced a $49.5 million bridge loan closing for Grayson on 4th, a 336-unit multifamily development in Fort Worth, Texas.
Willows at Stalling is a new, garden style rental community that will include eight, three-story buildings with elevator service. Located at 2618 Stevens Mill Road, the community is in the highly desirable Matthews/Stallings submarket in the Charlotte metropolitan area.
Origin Investments is a multifamily real estate fund manager with more than $3.8 billion in assets under management2.
“We continue to see attractive credit opportunities that are allowing the Origin Real Estate Credit Fund to capitalize on existing multifamily sector dynamics, including an outlook for tightening of available inventory in select U.S. markets,” said Tom Briney, president and chief investment officer, Origin Credit Advisers. “Based on our experience and market knowledge, Charlotte is a strong market for new Class A residential community3 assets backed by developers the caliber of Gateway Communities.”
Gateway is a Charlotte-area developer focused on garden-style communities with proximity to strong employment centers and transportation corridors.
Among the amenities planned for the development are a resort-style pool with cabanas and grills, a dog park, pet space, 24-hour package room, fitness center, and resident lounge areas. The units will feature quartz countertops, stainless steel appliances, full-sized washers and dryers, walk-in closets, luxury plank flooring, and ceiling fans.
The community is just off of Interstate 485 and Highway 74, major transportation corridors through the area, and offers residents proximity to major employment and retail corridors and lifestyle amenities while maintaining the suburban character and appeal of Union County. Gateway Communities focuses on self-contracting development and the sale of multifamily projects throughout Charlotte, Cary and Raleigh, N.C.
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.
According to Briney, supply constraints and capital shifts are influencing the multifamily landscape and create a compelling environment for a targeted credit strategy in the sector.
Union County is one of the fastest-growing counties in North Carolina and has experienced strong in-migration from within the state and out-of-state markets such as the Northeast and Midwest. The combination of limited new multifamily supply, rising single-family home prices, and continued job creation in nearby employment hubs has created strong and consistent rental demand in the submarket.
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 through major custodial platforms, including Schwab, Fidelity, and Pershing. Self-directed investors without access to those platforms may invest directly by opening an account with the fund’s administrator, Ultimus Fund Solutions. The fund’s shares 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.
About Origin Credit Advisers
Origin Credit Advisers, founded in 2023 as an affiliate of Origin Investments, is an investment adviser registered with the SEC that provides investment advice to yield-focused multifamily debt funds, including the Origin Real Estate Credit Fund. The firm leverages its leadership team’s expertise, and its proprietary suite of machine-learning models, to identify, evaluate and oversee public and private real estate debt investments designed to deliver outcome-focused solutions. SEC registration does not constitute an endorsement of the firm by the Commission, nor does it indicate that the adviser has attained a particular level of skill or ability.
- Registration as an adviser does not connote a specific level of skill or training nor an endorsement by the SEC.
- 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.
- The term “Class A” is a commonly used but non-standardized industry designation. It 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.
- 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.
Important Risk Information
Consider the investment objectives, risks, and charges and expenses of the fund carefully before investing. The prospectus contains this and other information about the fund and may be obtained by calling 833-446-9060. The prospectus should be read carefully before investing. The fund is distributed by Ultimus Fund Distributors, LLC. Origin Credit Advisers, LLC and Ultimus Fund Distributors, LLC are not affiliated.
Investing involves risk, including loss of principal. The value of the fund’s shares, when redeemed, may be worth more or less than their original cost. The Origin Real Estate Credit Fund is a continuously offered, non-diversified, registered closed-end fund with limited liquidity. Shareholders should consider Shares of the Fund to be an illiquid investment appropriate only as a longterm investment. Shareholders should look to the Fund’s quarterly repurchase offers as their sole means of liquidating their investment, which may be limited as described in the Fund’s prospectus. The Fund is non-diversified and concentrates its investments in the real estate industry. The Fund’s concentration in the commercial real estate industry may increase the volatility of the Fund’s returns and may also expose the Fund to the risk of economic downturns in this industry to a greater extent than if its portfolio also included investments in other industries. The Fund will invest in mortgage-backed securities, such as mortgage pass-through securities, which have different risk characteristics than traditional debt securities. Certain mortgage-backed securities may be more volatile and less liquid than other traditional types of debt securities. There is a risk that issuers and counterparties will not make payments on securities and other investments held by the Fund, resulting in losses to the Fund. Fixed income investments are affected by a number of risks, including fluctuation in interest rates, credit risk, and prepayment risk. In general, as prevailing interest rates rise, fixed income prices will fall. The Fund may invest, directly or indirectly, in “junk bonds.” Such securities are speculative investments that carry greater risks than higher quality debt securities. Leverage may increase the risk of loss and cause fluctuations in the market value of the Fund’s portfolio to have disproportionately large effects or cause the NAV of the Fund generally to decline faster than it would otherwise. There are risks associated with REITs. Risks include declines from deteriorating economic conditions, changes in the value of the underlying property, and defaults by borrowers. There is risk that the Fund will fail to qualify as a REIT, resulting in tax liability that could have materially adverse effect on the Fund’s NAV.