Q-Ball Intelligence launches to bring Predictive Intelligence into the AI era

19 years of predictive research, backed by a nine-year real-world investment record returning 235.19%

SAN FRANCISCO, Nov. 3, 2026 — Q-Ball Intelligence today announces its launch as a new AI-native Predictive Intelligence venture, building on nearly two decades of research and practical applications dating back to 2007.

The company is developing a new generation of artificial intelligence capable of identifying emerging signals, recognising patterns and anticipating future developments moving beyond analysing what has happened to understanding what is likely to happen next.

The research behind Q-Ball has already been applied in practice. Between 17 February 2016 and 17 February 2025, a Q-Ball-informed investment portfolio delivered a cumulative return of 235.19%.

For comparison, the portfolio analysis shows returns of 129.86% for OMX Stockholm All-Share Gross Index (OMXSGI), representing the broader Swedish equity market, and 106.55% for OMX Stockholm 30 Index (OMXS30) over the same period. This represents an outperformance of 105.33 and 128.64 percentage points respectively.

The nine-year investment record provides a tangible example of the practical application of predictive research developed under the leadership of Assistant Professor Peter Majanen. It represents an actual investment portfolio record rather than a simulated backtest.

From analysing information to anticipating change

Most analytical systems are designed to process information, identify historical trends and explain developments that have already taken place.

Q-Ball is pursuing a different objective: recognising the signals and changing expectations that may reveal what comes next.

Its predictive methodology connects information, expectations, emerging patterns and momentum with potential catalysts and future outcomes. The objective is to translate complex information into structured, measurable forecasts.

The underlying research originated in 2007 and has evolved through nearly two decades of development and practical application. Q-Ball Intelligence represents the next stage: transforming this foundation into a scalable technology platform designed for international markets.

Building a new Predictive Intelligence platform

Q-Ball is developing an AI-native platform designed to identify relevant signals, assess emerging developments, generate structured forecasts and measure predictions against actual outcomes.

The company’s approach places particular emphasis on understanding changes in expectations and behaviour, rather than relying exclusively on historical data and conventional trend analysis.

By combining predictive methodology with AI-driven analysis, Q-Ball aims to create technology that helps organisations and individuals anticipate change, assess opportunities and make better-informed decisions.

An important part of the development philosophy is accountability: predictions should be structured, time-stamped and evaluated against what actually happens. This creates a foundation for continuous measurement, refinement and learning.

Applications across multiple markets

Q-Ball Intelligence is developing its technology for institutional and commercial customers, with additional applications across financial markets, sports and gaming.

Initial areas of focus include:

Enterprise Predictive Intelligence helping organisations anticipate market developments, changing conditions, emerging risks and strategic opportunities.

Financial Markets developing predictive intelligence for equities and financial markets, identifying emerging patterns and assessing the probability of potential market developments.

Sports and Gaming applying predictive models to sporting outcomes, competitive environments and gaming-related markets.

The company is building these applications on a shared predictive foundation, extending its core intelligence capabilities across different markets and customer segments.

A new chapter for predictive intelligence

“Prediction is not about knowing the future. It is about understanding the present well enough to recognize what the future is beginning to become,” says Peter Majanen, Founder and Chief Predictive Intelligence Architect.

Q-Ball Intelligence aims to establish Predictive Intelligence as a distinct category within the evolving AI landscape moving beyond systems that primarily describe the world towards technology designed to anticipate how it may change.

With research foundations dating back to 2007, the company now enters a new phase focused on technology development, commercialisation and international expansion.

Q-Ball Intelligence Predicting What Comes Next.

About Q-Ball Intelligence

Q-Ball Intelligence is an AI-native Predictive Intelligence venture developing technology designed to identify emerging signals, recognise patterns and anticipate future developments.

Its foundations combine predictive research, proprietary analytical methodology and practical applications developed since 2007. The company is focused on transforming this foundation into a scalable predictive intelligence platform for institutional, commercial and consumer applications.

Website: www.qballintel.com

Press contact:
Richard Sjoberg
Q-Ball Intelligence
press@qballintel.com
www.qballintel.com

Historical performance disclosure: The portfolio return of 235.19% relates to the period 17 February 2016 to 17 February 2025. Benchmark figures are based on Avanza data for OMX Stockholm All-Share Gross Index (OMXSGI) and OMX Stockholm 30 Index (OMXS30) over the same period. Historical performance is not indicative of future results. The historical portfolio performance should not be interpreted as performance generated by the new Q-Ball Intelligence platform or as a guarantee of future investment outcomes.

Fort Point Capital Invests in Gulf Pride Paving

BOSTON, Nov. 3, 2026 — Fort Point Capital, a Boston-based private equity firm, announced today that it has completed a recapitalization of Gulf Pride Paving, LLC (“Gulf Pride”, or the “Company”), in partnership with the Company’s CEO, Michael Jenner, and its founder, BJ Sellers. Headquartered in Gulfport, Mississippi, Gulf Pride is a leader in paving, civil construction, soil stabilization and concrete work in the Gulf Coast region. The Company provides a complete surface infrastructure solution for general contractors, property owners, commercial, government and industrial customers across Mississippi, Alabama and Louisiana.

“We are excited to partner with Michael Jenner and the Gulf Pride team to support their growth ambitions and continue providing excellent service to customers,” said Brooke Ablon, Partner at Fort Point Capital. “Gulf Pride’s ability to self-perform projects in-house, combined with its strong customer relationships, has made it a trusted partner across the Gulf Coast for building and maintaining critical infrastructure for its clients.”

“I am thrilled to partner with Fort Point as we continue to grow Gulf Pride,” said Michael Jenner. “Over the past several years we have expanded our team, our fleet and our geographic footprint, and this partnership will allow us to accelerate that momentum while continuing to deliver for our customers. Fort Point’s experience supporting service businesses makes them the right partner for our next stage of growth.”

“Gulf Pride provides essential infrastructure services and has built its reputation by going above and beyond for its customers. We are excited to invest behind the foundation that Mike and BJ have built and help the Company expand its capabilities and geographic reach across the Gulf Coast,” said David Gagliardi, Principal at Fort Point Capital.

Avante Capital Partners provided debt financing for the transaction. The Enginuity Group served as financial advisor and Nichols Wrigley provided legal counsel to Gulf Pride.

About Gulf Pride Paving:

Serving the Gulf Coast since 2003, Gulf Pride Paving is a leader in paving, civil construction, soil stabilization and concrete services, offering customers a complete surface infrastructure solution. The Company self-performs entire projects — from civil work and soil stabilization through paving and concrete finishing — enabling full control of quality and execution. Gulf Pride serves a repeat base of general contractors, property owners, commercial, government, and industrial customers across Mississippi, Alabama and Louisiana, with a reputation built on strong relationships, responsiveness and high-quality, timely work. To learn more, please visit www.gulf-pride.com/. 

About Fort Point Capital:

Fort Point Capital brings a management-led, growth-oriented approach to private equity investing, targeting fragmented sectors of the business services industry. Founded in Boston in 2011, Fort Point partners with founders and management teams to accelerate growth by providing resources to expand teams and infrastructure, improve service offerings, access new markets, and support follow-on acquisitions. Fort Point fulfills its commitment to management, employees and shareholders by employing a repeatable process to drive durable value, showcased in over 60 acquisitions since its inception. Fort Point is currently investing from FPC Small Cap Fund III. To learn more, please visit fortpointcapital.com.

SOURCE Fort Point Capital

Bold Security Named to the 2027 Fortune Cyber 60 List of Most Important Cybersecurity Startups

Recognized in its first year out of stealth for rethinking endpoint DLP with AI that runs on the device

NEW YORK, Nov. 3, 2026 — Bold Security, the real-time DLP for the modern endpoint, today announced it has been named to the 2027 Fortune Cyber 60, the annual list of the most important venture-backed cybersecurity startups that have not had an IPO, acquisition, or other significant exit event. Bold was named in its first year on the list, in the early stage category.

Over the last decade, data loss prevention (DLP) has earned a reputation for noise and false confidence. Legacy DLP matches patterns, so it catches PII and PCI but misses source code, financial models, and board documents. The patterns it does match fire on legitimate work too, so teams get flooded with alerts and turn blocking off. The prevention tool becomes a detection tool.

AI is now moving work back onto the device, into desktop assistants and AI agents that run locally, outside the paths legacy DLP was built to watch. Bold rebuilt endpoint DLP around AI that runs on the device itself. Small language models on every device classify data by meaning rather than pattern, read the context around each action, and block or coach in the moment it happens. There is no cloud round trip, no regex rules to write, and no coverage gap when a device goes offline.

“For years, the industry treated the endpoint as the old perimeter and DLP as a necessary evil, but AI broke both of those assumptions,” said Nati Hazut, Co-Founder and CEO of Bold Security. “People and AI agents move sensitive data through the device faster than a security team can follow, and DLP both overburdens and underdelivers. With Bold, we bet on the endpoint as both the new risk surface and the right place to solve it. Being named to the Fortune Cyber 60 validates the problem and our approach.”

Bold was founded in 2024 and emerged from stealth in early 2025 with $40 million raised from Bessemer Venture Partners, Picture Capital, and Red Dot Capital Partners. The company also serves dozens of high-growth customers, including Tekion, HiBob, Cresta, and Shutterfly. Bold’s founders previously built two cybersecurity companies, Polyrize and SAM Seamless Network, acquired by Varonis and Qualcomm.

“Every security team knows DLP is a problem, but very few companies have been willing to rethink how it works,” said Amit Karp, Partner at Bessemer Venture Partners. “Bold has built something genuinely different, using AI on the endpoint to understand sensitive data and prevent leaks without getting in the way of employees. That’s why we backed the team.”

The Fortune Cyber 60™ list, developed in partnership with Lightspeed Venture Partners and AWS, recognizes 60 of the most important venture-backed cybersecurity startups that have not yet undergone an IPO, acquisition, or other significant exit. Lightspeed evaluates hundreds of venture-backed cybersecurity companies on annual recurring revenue, year-over-year growth, and validated operating data, then groups the list into three stages of 20. The full list is available here.

About Bold Security

Bold is real-time DLP for the modern endpoint. Bold runs AI directly on the device to classify data by meaning, analyze intent, and prevent data from leaving in the moment. Learn more at bold.security.

Media Contact
Ignacio Ramirez
[email protected]
+1 415.517.6708

Moment welcomes Jason Broder, founder of SIMON, as strategic advisor

Founder and former CEO of SIMON and iCapital executive will advise Moment’s leadership as Moment brings AI to wealth management firms

NEW YORK, Nov. 3, 2026 — Moment, the AI partner for investment management, announces today that Jason Broder, founder and former CEO of SIMON, has become a strategic advisor to the company’s leadership.

Broder founded SIMON in 2012 while at Goldman Sachs, where it became the first technology platform to deliver structured investments to the desktops of financial advisors. In 2018, he led SIMON’s spin-off into an independent company backed by a consortium of banks. By 2021, the platform was used by more than 100,000 financial professionals across the country. Broder served as SIMON’s CEO until its acquisition by iCapital in 2022, subsequently serving as iCapital’s Chief Product Officer. Earlier in his career, he spent 17 years at Goldman Sachs, ultimately becoming a Managing Director and Head of the Private Investor Product Group.

“Moment is at the frontier in wealth management. They combine next-generation infrastructure with AI that drives real growth and ROI for their clients,” said Broder. “I’ve never seen a firm who delivers this quickly with such flawless execution — their clients love it.”

“Jason is one of the few people in wealth management that understands what it takes to change the industry,” said Dylan Parker, co-founder and CEO of Moment. “I’ve admired his work for years, and we couldn’t be more excited to have him with us.”

About Moment
Moment is the AI partner for investment management. Moment builds a single platform for investment management, with AI agents that work alongside advisors and operations teams. Moment works with institutions that together oversee more than $10 trillion in assets and more than 60,000 financial advisors. Moment is headquartered in New York and backed by Andreessen Horowitz and Index Ventures. Learn more at moment.com.

[email protected]

SOURCE Moment Technology, Inc.

Falfurrias Management Partners Welcomes Greg Stewart as Partner

Charlotte Native and Growth Investor to Help Lead the Firm’s Technology and Business Services Investing

CHARLOTTE, N.C., Nov. 3, 2026 — Falfurrias Management Partners (“Falfurrias”) today announced that Greg Stewart has joined the firm as a Partner. Stewart will help lead the firm’s investments in technology and business services. He brings more than 15 years of investing and investment banking experience.

Stewart joins Falfurrias from Great Hill Partners, a Boston-based growth equity firm, where he invested in software and technology companies across North America and Europe. He served as a board director, officer or observer of numerous companies, including Vision Government Solutions, Varicent, BigChange, EnterpriseDB, and ZoomInfo.

“When we add to our team, we look for character as much as investment acumen, and Greg brings both,” said Ed McMahan, Managing Partner of Falfurrias. “Business services has been central to our Industry First strategy since our founding. Greg pairs a technology lens on services businesses with deep experience investing in software, and his leadership will strengthen our ability to identify and build market-leading companies across services and technology.”

“Greg’s experience investing in high-growth companies complements our team and our approach,” said Cam Dyer, Partner and Chair of the Falfurrias Growth Partners Investment Committee. “His strong network, deal sourcing expertise, and sector depth stand out, and he shares our commitment to working alongside management teams to set the strategic compass for their businesses.”

“Falfurrias combines a thematic investment philosophy with deep operating resources and a long-term view, creating a differentiated partnership with founders and executive teams,” said Stewart. “I’ve also been impressed by the culture the team has built, one grounded in the core values the firm has lived by since its inception. I look forward to helping build durable, market-leading companies alongside Ed, Cam, and everyone at Falfurrias.”

About Falfurrias Management Partners
Falfurrias Management Partners is a Charlotte-based private equity firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan. The firm has raised approximately $4.0 billion across eight funds and invests in growing, middle-market businesses in sectors where the firm’s operational resources, relationships, and sector expertise can complement portfolio company executive teams in support of long-term growth objectives. Falfurrias leverages a differentiated Industry First approach, partnering with proven management teams and experienced advisors to build durable companies. For more information, visit www.falfurrias.com.

SOURCE Falfurrias Management Partners

RealBooks to Present at GatorPitch Miami 2026, UF Innovate’s Premier Startup Pitch Competition

Real estate investors’ bookkeeping platform joins a curated group of high-potential Florida companies in front of South Florida’s investor and entrepreneurial community

MIAMI, Nov. 3, 2026 — RealBooks.io, the bookkeeping and financial management platform built for real estate investors, will present at GatorPitch Miami 2026, UF Innovate’s premier startup pitch competition. The event takes place Thursday, November 5, 2026, from 5:30 to 8:30 PM at the Citigroup Center, 201 S Biscayne Blvd, Miami.

Kelsey Knight, Co-Founder and Chief Revenue Officer of RealBooks, will present the company on stage, delivering its pitch before the investor panel.

GatorPitch is a fast-pitch competition. Each company gets a four-minute pitch followed by three minutes of Q&A before an investor panel. The event showcases a curated group of high-potential companies to South Florida’s investor and entrepreneurial ecosystem.

Hosted by UF Innovate at the University of Florida, GatorPitch expanded its reach in 2026. Previously open to UF-affiliated startups only, the 2026 competition welcomed Florida-affiliated startups from across the state.

“Real estate investors don’t fail at the deal. They get buried in the complexity of accounting and processes that follow it, and tax season becomes a scramble it never needed to be,” said Aaron Weikle, Co-Founder & CTO of RealBooks. “Presenting to South Florida’s investor community is a chance to show what happens when the numbers finally stay organized all year. That’s the problem we’re here to solve.”

RealBooks solves a problem most investors know well. Expenses live in too many places, project costs blur together, and tax season turns into a scramble. RealBooks ties every expense to the right property, tracks projects in real time, and keeps financial data clean year-round, so investors can stop managing spreadsheets and start managing their portfolio.

About RealBooks
RealBooks.io is the bookkeeping and financial management platform built for people who own rental properties. It brings expenses, projects, and reporting into one place, so investors, landlords, and flippers can stop managing spreadsheets and start managing their portfolio. Visit realbooks.io to learn more.

About UF Innovate

UF Innovate supports an innovation ecosystem at UF that moves research discoveries from the laboratory to the market, fostering a resilient economy and making the world a better place. Based at one of the nation’s leading research institutions, UF Innovate comprises four organizations: Tech Licensing, Ventures, Pathways, and Accelerate, which includes two business incubators, The Hub and Sid Martin Biotech. Organized under the UF Research umbrella, this quartet forms a comprehensive commercialization system that brings together six critical elements: facilities, capital management, training, talent, intellectual property, and technology-transfer expertise. Visit https://innovate.research.ufl.edu/about

Media Contact
Kelsey Knight
Co-Founder & CRO
RealBooks.io 
[email protected]
941-306-9158

SOURCE RealBooks.io

XOVR’s Early Kalshi Investment Has Increased in Estimated Value by More Than $23 Million

Kalshi’s announced $40 billion valuation reinforces XOVR’s private-public crossover strategy and its mission to broaden access to private equity through an ETF

KEY HIGHLIGHTS

  • XOVR invested $30 million in Kalshi at a $22.6 billion valuation; based on Kalshi’s announced $40 billion valuation, the investment is now valued at approximately $53.1 million.
  • The investment represents an unrealized gain of approximately $23.1 million, or nearly 77%, before transaction costs and subject to the Fund’s customary valuation procedures.
  • XOVR increasingly seeks to invest earlier in a company’s growth cycle so shareholders can participate in more of the value creation that may occur before a public listing.

NEW YORK, Nov. 3, 2026 — ERShares, adviser to the ERShares Private-Public Crossover ETF (NASDAQ: XOVR), today announced that its investment in Kalshi, the leading regulated prediction markets exchange, has appreciated substantially following Kalshi’s announcement of its latest financing round. The round values the company at approximately $40 billion – nearly double the $22.6 billion valuation at which XOVR invested $30 million.

Based on Kalshi’s announced $40 billion valuation, the investment is now valued at approximately $53.1 million, representing an unrealized gain of approximately $23.1 million, or nearly 77%, before transaction costs and subject to the Fund’s customary valuation procedures.

The milestone represents a significant private-company valuation increase associated with XOVR’s private investment strategy since the Fund became the first ETF* to provide private-company exposure through a private-public crossover structure on August 29, 2024.

The Kalshi investment also reflects an evolution in XOVR’s private-market strategy. Rather than concentrating primarily on companies approaching an initial public offering, the Fund increasingly seeks to invest earlier in a company’s growth cycle, allowing shareholders to participate in a greater portion of the wealth creation that has historically accrued to venture capital and private equity investors before companies become publicly traded.

“Kalshi reinforces our conviction that wealth creation often occurs while companies remain private,” said Eva Ados, Chief Operating Officer and Chief Investment Strategist at ERShares. “For decades, many substantial gains in many of the world’s most transformational companies accrued before they reached the public markets. XOVR was created to bridge that gap by giving retail investors access to carefully selected private companies alongside a portfolio of innovative public businesses.”

Dr. Joel Shulman, Founder and Chief Investment Officer of ERShares, added: “When we launched XOVR, our vision was to fundamentally change who could participate in private equity investing. Historically, many of the most attractive investment opportunities have been reserved for institutions and ultra-high-net-worth investors. We believed retail investors deserved access as well.” Shulman continued:

“The success of our investments in SpaceX and now Kalshi supports our belief in our strategy of identifying companies that we believe are exceptional earlier in their development. We believe the future of innovation investing is not simply participating in IPOs, but owning potentially extraordinary businesses years before they become household names. Our objective is to enable everyday investors to participate in the value creation that has historically taken place before companies enter the public markets.”

Since introducing private equity investments into XOVR in 2024, ERShares has continued to build a differentiated portfolio combining innovative public companies with select private businesses that management believes possess exceptional long-term growth potential.

The Fund’s investment process utilizes ERShares’ proprietary VC Lens® framework to identify companies exhibiting founder leadership, disruptive business models, durable competitive advantages, strong innovation cultures, and significant long-term wealth creation potential.

As companies continue to remain private longer and create an increasing share of shareholder value before an IPO, ERShares believes that providing retail investors with thoughtfully selected private market exposure represents one of the most important innovations in ETF investing.

About XOVR

The ERShares Private-Public Crossover ETF (NASDAQ: XOVR) combines innovative public companies with select private investments inside a single ETF. Managed by ERShares, the Fund seeks to identify businesses with exceptional long-term growth potential through its proprietary VC Lens® investment framework.

About ERShares

ERShares is an investment management firm specializing in identifying companies capable of generating long-term wealth creation through innovation, leadership, and durable competitive advantages. ERShares is the adviser to the ERShares Private-Public Crossover ETF (NASDAQ: XOVR).

Additional information: ERShares.com | XOVR ETF page

*Basis of “first” claim: ERShares review of U.S.-listed open‑end 1940 Act ETFs and public filings as of Aug 29, 2024; requires daily creations/redemptions and a single ETF portfolio with private‑company exposure reflected in daily NAV alongside public equities. Excludes interval funds, closed‑end funds, BDC/PE‑manager ETFs, SPACs, and products without private‑company exposure in NAV.

** Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, current holdings and other important information please call +1 (617) 279 0045 or visit our website https://entrepreneurshares.com/xovr-etf/

Short-term performance should not be the sole basis for evaluating an investment. Performance may be attributable to unusually favorable conditions that are likely not sustainable and may not continue to exist; this performance should not be expected to be repeated in the future.

NAV prices are used to calculate market price performance prior to the date when the Fund first traded on the Nasdaq Exchange. Market performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times.

The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and it may be obtained by calling +1 (617) 279 0045 or by visiting our website www.ershares.com. Read it carefully before investing.

Fund Risks can include and are not limited to: Absence of Prior Active Market Risk, Management Risk, New ETF Provider, Common Stock Risk, Market Risk, Concentration Risk, American Depositary Receipts, Early Closing Risk, Exchange Trade Fund Risk, Private Equity Investment Risk, Illiquidity Risk, Valuation Risk, Exit Strategy Risk.

Distributed by Foreside Financial Services, LLC.

SOURCE ERShares

Northwind Group Provides a $231 Million Construction Loan for the Office-to-Residential Conversion of 675 Third Avenue, a 337K SF Office Tower in Midtown Manhattan

NEW YORK, Nov. 2, 2026 — Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, today announced the origination of a $231 million first mortgage construction loan for 675 Third Avenue, a 32-story, 337,000-square-foot office building in Manhattan’s Midtown East neighborhood. Loan proceeds retired the existing debt on the property and will fund the conversion of the building into up to 450 residential rental apartments, 25% of which will be affordable under the 467-m program.

The conversion is being led by a joint venture between Nathan Berman’s Metro Loft Management and David Werner Real Estate Investments, two highly experienced New York City real estate sponsors. The joint venture acquired the building in April 2025 with a $90 million acquisition loan from Northwind and has since advanced the property through planning and predevelopment, to being fully ready for execution, with preliminary construction activities already taking place on site. The Sponsor has assembled an experienced project team to execute the conversion. Collaborative Construction Management will serve as construction manager while Gensler Architecture, Design & Planning, has been engaged as the architect of record.

The loan was originated by Northwind’s latest debt fund, NDF III, which recently announced its final close with $1 billion in capitalization, doubling its $500 million target fund size, as part of the firm’s ongoing strategy of providing financing on residential properties in supply-constrained markets.

Ran Eliasaf, Founder and Managing Partner of Northwind Group, commented, “We are pleased to expand our partnership with David Werner and Nathan Berman, two of New York’s most experienced and active converters of properties from office to residential use. 675 Third Avenue will deliver much-needed residential rental units to Midtown, including affordable housing, at a time when the city’s housing shortage is acute. Great work by our team on executing this recapitalization to see this project through construction. This is the 9th conversion project we have financed in the city, and we continue to bring the experience we gained in past projects to every new transaction as we continue to grow our credit platform. These are complex projects that require a lender who can underwrite every phase, from acquisition through construction and lease-up. Having financed this property since its acquisition, we know the asset and the sponsorship very well, and we have strong conviction in their business plan.”

“We are excited to continue our partnership with Metro Loft, a best-in-class operator,” said David Werner, President of DWREI. “We thank the Northwind team for always being there for us and providing certainty of execution, even on complex projects.”

Nathan Berman, Founder and Principal of Metro Loft, said “Thank you to the Northwind team for bringing this over the finish line. We appreciate that they are there when you need them!”

Northwind was represented by John Vavas of Polsinelli Group.

About Northwind Group

Founded in 2008 by Ran Eliasaf, Northwind Group is a Manhattan-based real estate private equity firm and debt fund manager specializing in credit investments through its discretionary, closed-ended debt funds. The firm has successfully executed over $11 billion in real estate transactions in the U.S. across more than 400 real estate and healthcare properties in 28 states. For further information, go to www.northwind-group.com.

About David Werner Real Estate Investments

David Werner is a NYC based real estate investor who has been actively involved in commercial real estate for more than 40 years. He has extensive experience with both office and residential properties and has owned many iconic office buildings in NYC.

About Metro Loft Management

Established in 1997 by Nathan Berman, Metro Loft is a vertically integrated real estate development and management firm known for its transformative office-to-residential conversions throughout New York City. The firm has significantly contributed to the residential landscape of Lower Manhattan by developing and managing numerous prominent condominium and rental properties.

Media Contact
[email protected]

SOURCE Northwind Group

Encore Finance Group Closes $275 Million Multi-Borrower Single-Family Rental Securitization

Company’s first securitization marks a major milestone in its capital markets strategy and expands access to institutional financing

NEW YORK, Nov. 2, 2026 — Encore Finance Group (Encore), a private specialty real estate finance company that originates investor-driven real estate mortgage loans, today announced the closing of ENCR 2026-SFR1, a $275 million securitization backed by 5-year fixed-rate mortgage loans it originated. The transaction is Encore’s inaugural multi-borrower single-family rental securitization.

The securitization augments the current growth strategy of increasing balance sheet and building infrastructure to support a growing business model. In addition to raising significant equity capital over the past 12 months, the securitization continues to build out our debt capabilities, further strengthening the balance sheet.

“Balance sheet lending enables us to better accommodate client needs throughout lifecycle lending,” said Beth O’Brien, founder and CEO of Encore Finance Group. “We intend to be a serial issuer in the capital markets to provide greater liquidity and structural flexibility to our clients.”

ENCR 2026-SFR1 issued eight classes of notes collateralized by 36 Encore-originated loans secured by investor-owned real estate properties. The loans, with balances ranging from $1.6 million to $32.2 million, provide permanent fixed-rate financing for 1,308 fully stabilized rental properties.

“The strength of our business-purpose lending model, origination expertise, in-depth underwriting process and access to capital markets enables us to continue to grow with our professional real estate investors and partner with them as their financing needs evolve,” said Caroline Morrill, managing director and head of capital markets at Encore Finance Group. 

Goldman Sachs & Co. LLC served as sole structuring agent, manager and bookrunner.

About Encore Finance Group
Encore is a private specialty real estate lender led by industry veterans with deep experience in real estate investment, mortgage lending, and private lending. The firm builds long-term relationships with borrowers and develops creative solutions to help them meet their investment goals, with a focus on being the lending partner that helps borrowers grow their real estate investment businesses over many years. For more information visit https://www.encorefinance.com/.

SOURCE Encore Finance