Distressed & Sub-Performing Loans.
We source and acquire non-performing and sub-performing commercial real estate loans, and pursue the resolution best suited to each situation.
We invest in commercial real estate opportunities created by complexity, transition, and event-driven situations.
Strong commercial real estate assets get overlooked when complexity obscures the path to them. Most buyers and lenders step aside.
We start there.

We source and acquire non-performing and sub-performing commercial real estate loans, and pursue the resolution best suited to each situation.
We acquire commercial real estate where complexity obscures the value.
We lend on complicated commercial real estate, underwriting the whole situation, not one number.
We provide capital and restructure ownership for properties in transition or distress.
We partner with owners and operators to move complex assets forward.
Loan maturities, refinancing gaps, lender fatigue, non-performing and sub-performing loans.
Fractured ownership, generational transfers, estates, partnership realignments.
Remediation obligations, regulatory exposure, historic industrial use.
Non-conforming uses, entitlement hurdles, redevelopment constraints.
Vacancy, deferred maintenance, tenant instability, repositioning needs.
We use data and AI to identify complex loan and property opportunities across the market.
Ahead of the field — We reach opportunities before they're listed, marketed, or widely known.
The complete picture — Ownership, liens, debt, environmental history, and entitlements, in a single view.
The platform finds the opportunity. Experience makes it real.
1914 Capital is a commercial real estate special situations firm. Our approach is situation-driven, not strategy-driven. We determine what a situation requires, then act by acquisition, debt investment, recapitalization, joint venture, or another structure.
Based in the New York metropolitan area, we focus on the Northeast, with select opportunities across the East Coast.
If you’re managing a complex situation, evaluating a transaction, or seeking capital, we welcome a direct conversation.
Every inquiry is confidential.