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RE · REAL ESTATE

AB Commercial Real Estate Private Debt Fund, LLC

AllianceBernstein · Private REIT

Program Overview

Private REIT
AB Commercial Real Estate Private Debt Fund, LLC
Peer Group Filters
Objectives
IncomeCapital PreservationDiversification
Asset Class
Real EstatePrivate Credit
Vehicle
REIT
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Real Estate
Issuer
AB Commercial Real Estate Private Debt Fund, LLC
Issuer Legal Structure
Delaware Limited Liability Company
Program Life Structure
Evergreen
Target Leverage
Maximum 75% LTV Shown as LTV per Buttonwood convention: 3:1 (300%) direct debt-to-equity endeavor limit at portfolio level, 4:1 on individual assets. Debt sits in repurchase facilities, note-on-note loans and a subscription line, partly Company-guaranteed.
Strategy Risk/Return Profile
Value Add
Managing Broker-Dealer
Scale
49,794,360 Units outstanding · 17 Loans receivable held
Strategy Overview

The 10-K states the Company seeks attractive risk-adjusted returns from loans secured by high-quality U.S. commercial real estate, prioritizing capital preservation and stable income. It invests primarily in directly originated senior and mezzanine loans and B-notes, and to a lesser extent in CMBS, discounted or non-performing loans and net lease assets. It may hold preferred or common equity and uses repurchase facilities and other leverage.

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