SunBridge Capital Management LLC has bought a stake in Peaceable Street Capital (PSC), a commercial property investment company, to help the target with plans for growth. The target is co-owned by Orangewood Partners and now SunBridge.
PSC, based in Philadelphia, is a financing vehicle investing in small and mid-sized income producing real estate. PSC targets U.S. and Canada-based equity investments ranging from $1 million to $20 million per transaction. The target focuses on a variety of real estate properties, including: real estate assets such as: retail, office, mobile home parks, multi-family, self-storage, industrial, RV parks, parking, healthcare and hotels. PSC has previously invested in Abbell Associates, Apple Self Storage and Athena Real Estate.