Van Cleef Asset Management

Van Cleef originates and holds private commercial real estate loans on its own balance sheet rather than managing third-party commingled funds. The firm writes first mortgages, mezzanine debt, and preferred equity secured by income-producing properties, primarily in the Midwest. It services every loan it originates and holds them to maturity, operating outside the institutional fund-raise-and-deploy cycle. This structure lets the firm customize loan terms and work through credit events without outside redemption pressure.

Van Cleef concentrates on income-producing commercial real estate, with a known focus on multifamily and commercial properties in the Midwest. Its direct-origination model favors stabilized, cash-flowing assets that support first-lien mortgages and structured credit positions rather than ground-up development or speculative construction lending.