SKY RE PARTNERS

Alex Dembitzer, the founder and CEO, runs the firm's investment decisions. He draws on more than 20 years of real estate debt experience, including serving as a managing director at Bear Stearns and JPMorgan, and leading commercial real estate debt at DRA Advisors. There is no public disclosure of an investment committee beyond Dembitzer.

The firm sources through direct relationships with middle-market real estate developers and sponsors, lean on the founder's decades-long network from institutional lending and principal investing roles. It does not market through broker channels as a primary origination method. The pipeline is built on repeat borrower relationships where speed and certainty of close matter more than the last few basis points of spread.

It operates as a balance-sheet lender, not a traditional fund manager. Loans are originated and held to maturity on its own balance sheet, rather than being warehoused for eventual distribution or syndication. This removes the constraints of fund-level investment periods and harvest timelines that shape decision-making at larger private credit fund managers.

The firm targets middle-market originations typically between $10 million and $50 million, with a mandate spanning senior bridge loans, mezzanine debt, and preferred equity. Its niche is transitional lending — properties undergoing renovation, lease-up, or recapitalization — where regulated banks are either unable or unwilling to commit structured credit.

No. The firm is a direct lender, not an LP. It does not commit to third-party real estate funds, nor does it raise capital through a comingled fund-of-funds structure. Its capital deployment occurs exclusively through its own originated and managed loan positions.

The loan book concentrates on the Eastern Seaboard, with identified activity in New York, New Jersey, and Florida. The firm has disclosed a willingness to pursue secondary-market opportunities across the broader Eastern United States when the borrower profile and asset transition story fit its credit-first underwriting approach.

Sky RE Partners has not publicly disclosed its funding structure, total committed capital, or current assets under management. Public record indicates the firm treats each loan as a separate purpose-built vehicle, which suggests some measure of deal-by-deal capitalization, but the specific source and structure of its permanent capital have not been detailed in public disclosures.