Click here to read the Statesman’s August Q-and-A with A10 Capital CEO Jerry Dunn.
A10 Capital, one of the nation’s leading middle-market commercial real estate lenders, announced it closed a $75 million investment.
The investment is the latest growth push for A10 Capital, which is based in Boise and Dallas, Texas, and has regional offices in eight states. A10 Capital specializes in commercial loans ranging from $1 million to more than $20 million per property and has funded more than 30 million square feet of commercial property, the company said. A10 calls itself “the most active lender in the middle-market commercial mortgage space.”
The investment is one of the largest of its kind in recent Idaho history. The Idaho Technology Council released a report detailing investments in 2014 that said no Idaho company made or received private investments of more than $20 million. The report, which relied on company disclosures, was not comprehensive or include later investments.
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The investor is KKR, a New York City-based private equity firm. A10 Capital CEO Jerry Dunn called KKR “one of the most prestigious, institutional investors in the world.” The agreement give KKR the option to invest more in the future without renegotiating.