June 05, 2025

Barings and Crebrid Announce Partnership and Credit Facility with $500 Million in Initial Capacity for Residential Transition Lending

 Partnership to enable nationwide footprint expansion, increased capital deployment, and roll-out of enhanced proprietary technology

 Builds on Crebrid’s 11-year history originating nearly $2 billion in residential transition loans

Barings, one of the world’s leading investment managers, and Crebrid, the newly rebranded and rapidly growing real estate lending platform formerly known as Wildcat Lending, today announced a new credit facility that will help accelerate Crebrid’s credit origination across the United States.

Under the agreement, Barings’ investors will take a minority equity position in Crebrid as part of the transaction. Barings’ investors will also provide a flow purchase facility with $500 million in initial capacity to enable Crebrid to significantly expand its loan offerings, which are supported by its proprietary technology-driven lending platform. Terms of the transaction were not disclosed.

This partnership further cements Crebrid’s position as a leading player in the residential transition loan (RTL) market, enabling it to expand its reach from the compelling opportunities it has focused on in Texas, Ohio, and Tennessee to meet the growing demand for its solutions across the United States. The Company plans to initially focus its growth capital nationally with emphasis on high-growth markets across the U.S. 

Barings’ investment was made through the firm’s Asset Based Finance (ABF) investment strategy, which has more than $70 billion in assets under management. Through its ABF strategy, Barings seeks to develop selected long-term origination partnerships that provide distinct and durable access to differentiated residential, consumer, and commercial asset-backed investment opportunities for its investors. 

“We are excited to begin this partnership with Crebrid, which builds on our more than three-decade track record of activity within the residential whole loan sector,” said Jim Moore, Head of Asset Based Finance at Barings. “We’re looking forward to working with Tim and the Crebrid team to support their growth strategy and capitalize on the compelling investment opportunity for our investing clients in the attractive and growing RTL sector.”  

“Today’s announcement represents a transformational milestone for the RTL industry,” said Tim Jordan, President of Crebrid. “Barings’ capital and support will better position us to build from a $1 billion deployment target in the first year to our goal of reaching $3-5 billion in annual originations by 2030. We will do this by expanding into additional markets, further enhancing our technology capabilities, and continuously improving our industry-leading, high-touch customer service that makes us a lender of choice in the markets where we operate.”

About Barings
Barings is a $442+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions.

*Assets under management as of March 31, 2025

About Crebrid
Crebrid is a fintech-driven lending platform specializing in residential transition loans (RTLs). Formerly known as Wildcat Lending, the predecessor company launched in 2014 and has originated nearly $2 billion in loans. With proprietary technology and strong institutional backing, Crebrid is revolutionizing real estate lending by providing efficient, optimized, and high-touch customer-first financing solutions. Learn more at www.crebrid.com.

Media Contacts

For Barings
MediaRelations@barings.com

For Crebrid
Tim Jordan
T: 972-525-4777 | m: 214-697-0880
tjordan@crebrid.com

Mo Shafroth, RF|Binder 
t: 212-994-7635 | m: 720-470-3653
morrison.shafroth@rfbinder.com

Important Information

The document is for informational purposes only and is not an offer or solicitation for the purchase or sale of any financial instrument or service in any jurisdiction. The material herein was prepared without any consideration of the investment objectives, financial situation or particular needs of anyone who may receive it. This document is not, and must not be treated as, investment advice, an investment recommendation, investment research, or a recommendation about the suitability or appropriateness of any security, commodity, investment, or particular investment strategy, and must not be construed as a projection or prediction.

In making an investment decision, prospective investors must rely on their own examination of the merits and risks involved and before making any investment decision, it is recommended that prospective investors seek independent investment, legal, tax, accounting or other professional advice as appropriate.

Unless otherwise mentioned, the views contained in this document are those of Barings. These views are made in good faith in relation to the facts known at the time of preparation and are subject to change without notice. Individual portfolio management teams may hold different views than the views expressed herein and may make different investment decisions for different clients. Parts of this document may be based on information received from sources we believe to be reliable. Although every effort is taken to ensure that the information contained in this document is accurate, Barings makes no representation or warranty, express or implied, regarding the accuracy, completeness or adequacy of the information.

This document is issued in Australia by Barings Australia Pty Ltd.