Prospect Credit REIT Advisor (PCREM) manages Prospect Credit REIT, Inc. (PCRED), an investment fund focused on real estate-related credit investments like mortgages, loans, and securities. PCREM leverages the experience of Prospect Capital Management (PCM). PCREM is responsible for managing PCRED's investments, financial planning, and communication with investors. PCREM tailors its services to PCRED's specific investment objectives and restrictions.
Fee Structure
PCREM does not manage investments directly for individual investors. PCREM manages investments for PCRED, a real estate investment fund. PCRED pays PCREM a base management fee of 1.25% of PCRED's net asset value annually, paid quarterly. PCRED also pays PCREM a performance fee equal to 10% of PCRED's Core Earnings, subject to a hurdle rate.