1Sharpe Capital

Grant Rogers, as founder and managing partner, leads all investment decisions alongside partner Andrew Reichert. Rogers' credit background includes senior origination roles at Goldman Sachs and Blackstone, where he sourced and structured real estate debt and structured credit transactions. The firm's partnership structure keeps decision-making concentrated, with principals directly involved in underwriting and closing each commitment.

1Sharpe originates the majority of its investments through direct borrower relationships, commercial real estate banking networks, and broker relationships built over Rogers' and Reichert's careers at Goldman Sachs and Blackstone. The firm also sources discounted loan pools through secondary-market relationships with structured-credit desks at major investment banks. This dual origination network, concentrated on the US coasts, provides access to deals that do not broadly syndicate.

1Sharpe targets transitional and value-add commercial real estate across all debt stack positions — senior bridge loans, mezzanine, and preferred equity. Typically, underlying properties are in some form of capital-expenditure phase, lease-up period, or operational repositioning where conventional bank financing is unavailable or too slow. The firm also acquires performing and non-performing loan pools from bank balance sheets.

1Sharpe primarily operates as a direct lender and structured-credit investor, not a fund-of-funds. The firm originates its own bridge loans, mezzanine positions, and special-situation credit investments, managing the underwriting and asset management internally. It may occasionally acquire LP interests in real estate funds on the secondary market, consistent with its special situations mandate.

Unlike larger alternative platforms that manage billions and operate through multi-layer investment committees, 1Sharpe is a credit boutique focused on middle-market loans between $10 million and $75 million. The principals personally underwrite and structure every deal, which compresses execution times and allows the firm to compete on certainty of close rather than just price. This fills the origination gap created as regional banks have retrenched from transitional real estate lending.