Singapore-based investment firm Temasek has closed a $150 million investment in a fund managed by real estate lending platform Roc360, the companies announced Thursday. The capital will be allocated to an investment vehicle focused on residential transition loans used to finance home renovations.

Temasek, which manages a $324 billion investment portfolio, first partnered with Roc360 in 2023 to launch the Roc360 Real Estate Income Trust (REIT). The vehicle was designed to connect institutional investors with opportunities in the residential renovation market and expand access to capital for residential property investors.

The new funding details ⇒

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