Wedgewood Asset Management

Wedgewood focuses on short-duration senior bridge loans, mezzanine debt, and preferred equity, typically in the $5 million to $30 million range. The collateral pool centers on transitional multifamily, industrial, and mixed-use properties in California and the Western US. Loan terms generally run 12 to 36 months, with underwriting anchored to an identifiable take-out refinancing rather than speculative appreciation.

The firm's origination strategy relies on a curated network of commercial mortgage brokers, real estate investment sales advisors, and repeat-sponsor relationships rather than a retail origination desk or mass-market platform. This broker-driven model is common among private credit lenders targeting middle-market sponsors who need certainty of execution on time-sensitive acquisitions or recapitalizations.

Wedgewood occupies the space vacated by regional and community banks that have pulled back from transitional commercial real estate lending due to post-GFC regulatory capital constraints. The firm provides bridge capital on assets undergoing lease-up, renovation, or repositioning — scenarios that often fall outside conventional bank underwriting standards but present acceptable risk-adjusted returns when structured with disciplined loan-to-value ratios and cash-flow coverage covenants.

The core footprint includes California — particularly the greater Los Angeles metro area — along with broader Western US markets and select Sun Belt metros. These regions share characteristics of sustained demographic growth, constrained housing supply, and active sponsor pipelines for value-add real estate strategies, generating consistent demand for transitional bridge financing.

Public disclosures do not specify whether Wedgewood deploys capital through commingled fund vehicles, separately managed accounts, or a proprietary balance sheet. The firm's low public profile and absence of broad institutional marketing suggest a closely held structure — typical of private credit platforms that raise capital on a deal-by-deal basis or operate a single-investor vehicle rather than running an open-ended or continuously offered fund.