Siguler Guff Originates $10.25 Million Mezzanine Loan for The Pomeroy Multifamily Apartments
NEW YORK, July 13, 2026 – Siguler Guff & Company, LP (“Siguler Guff” or the “Firm”), a multi-strategy private markets investment firm with $19 billion of assets under management, today announced it has directly originated a $10.25 million mezzanine loan as part of a $56.25 million construction debt refinance of The Pomeroy, newly constructed 245-unit multifamily apartments in Mesa, Arizona.
Completed in June 2025, The Pomeroy offers studio, one-bedroom, and two-bedroom residences with a comprehensive amenities package including a swimming pool, fitness center, entertainment lounge and co-working lounge with private work pods. The property is currently 51% leased and continues to demonstrate leasing momentum during its initial lease-up, with approximately 12 apartments leased per month since opening.
The financing includes a $46 million senior loan originated by Benefit Street Partners, marking Siguler Guff’s sixth mezzanine loan alongside a senior loan from Benefit Street Partners, and underscoring continued collaboration across transitional real estate credit opportunities. StarPoint Properties, the borrower, is a Los Angeles-based owner, operator and developer with a 25-year track record across multifamily and commercial real estate. The firm has completed approximately $1.5 billion in transactions since inception and maintains an established presence in the Phoenix metropolitan area.
Jimmy Zumot, Managing Director and Co-Head of Real Estate Investments at Siguler Guff commented, “We're pleased to partner with Benefit Street Partners on a transaction that's a strong fit for our real estate credit strategy – financing high-quality, well-managed multifamily assets alongside experienced sponsors like StarPoint Properties in high-growth markets where fundamentals remain resilient.”
“We were pleased to provide senior financing for The Pomeroy and partner once again with Siguler Guff on this transaction,” commented David Elgart, Managing Director at Benefit Street Partners. “The Pomeroy is a well-designed, institutional-quality community in one of the Phoenix area's strongest multifamily submarkets, and we believe it is well positioned for a successful lease-up. StarPoint Properties has demonstrated a strong track record of developing and operating high-quality assets, and we are excited to support the team as they continue to execute on the property's stabilization and long-term success.”
Siguler Guff’s mezzanine loan provides flexible capital during The Pomeroy’s lease-up period, supporting continued leasing activity and stabilization. The property is located within Mesa’s East Valley submarket in the Phoenix metropolitan area, a high-growth suburb supported by strong population inflows, a robust employer base, expanding education and healthcare infrastructure, and sustained demand for well-located rental housing.
About Siguler Guff
Siguler Guff is a multi-strategy private markets investment firm with approximately $18.4 billion of assets under management as of December 31, 2025. With 30 years of experience investing in private markets, Siguler Guff seeks to focus opportunistically on market niches globally. The Firm’s core investment strategies include Small Business Buyout, Emerging Markets, Opportunistic Credit, Real Estate and Small Business Credit. Siguler Guff’s institutional investment knowledge, sector immersion approach and longstanding relationships can provide access to compelling investment opportunities within each of its targeted strategies. The Firm serves institutional clients, including corporate and public employee benefit plans, endowments, foundations, government agencies, and financial institutions, along with family offices and high net worth investors. For further information, please visit www.sigulerguff.com