Stablewood announced a new investment venture with funds managed by GCM Grosvenor. The venture will provide construction financing to experienced developers of shovel-ready, single-tenant-net-lease (STNL) retail projects secured by long-term leases with creditworthy tenants. In addition to providing up to 100% of the capital required for projects, the Stablewood-GCM Grosvenor venture also offers developers an optional forward purchase.

Stablewood recently closed a deal to fund the development of a 7-Eleven located in the heart of downtown Austin, Texas with interstate access. The site will offer convenience and gas to customers. It is being developed by a preferred developer of 7-Eleven who has successfully developed twelve stores across Texas.