LP Deal Review | Pine Financial Group | PFG Fund VI

In this episode of our Deal Review Series, Kevin Amolsch and Monica Ho from Pine Financial Group present PFG Fund VI to our LP panel: Paul Shannon, and Ryan Stieg.

The LP Panel asks questions like:

  • What makes PFG Fund VI different from other debt funds offering similar yields?
  • Under what circumstances does the fund waive appraisal requirements during underwriting?
  • How is cash drag mitigated as the fund scales, and is leverage being considered?
  • What happens when loans go bad – how does Pine manage defaults, workouts, and capital preservation?
  • With a history of high loan values in markets like DC and Denver, how is market concentration and geographic risk managed?

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About the Deal

PFG Fund VI is an open-ended real estate debt fund for accredited investors, offering an 8% preferred return with monthly distributions. After the preferred return and a 2% management fee, profits above a 10% hurdle are split 70/30 between investors and Pine. With reinvestment or distribution options and a 9-month lock-up, the fund offers optimal flexibility. Since 2008, Pine has raised $125M, distributed $45M, and built a record of meeting investor commitments.

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