NORTHCORP CAPITAL

Current Focus

Two vehicles.
Both built around gaps the big institutions ignore.

I don’t work with a hundred funds. I work with the ones I’ve studied closely, trust completely, and would… and do… put my own capital into. Right now, that’s two.

“I don’t bring it until I’d personally put money in it.”

Where I’m Focused Right Now

Not every deal makes the cut. Here’s what does.

Every opportunity that reaches you has already cleared my filter. Here’s what I’m currently working with, and why.

private real estate

Private Land & Real Estate Debt

Structure
Senior-Secured Debt

Distributions
Monthly

Investor Type
Accredited

Why This Exists

Traditional banks have a complicated relationship with raw land and gap financing. The underwriting is harder, the timeline is longer, and the regulatory overhead makes most institutional lenders walk away. That creates a consistent opening for disciplined private operators with real track records.

 

This fund steps into that gap. Senior-secured debt positions. Monthly cash flow distributions. Conservative underwriting built around protecting the downside first.

What I Like About It

The structure is simple enough to explain to anyone in five minutes. Distributions come monthly… this is income, not a 5-year wait. Senior-secured means you’re first in line if something goes wrong. The operators have deployed and returned capital through multiple cycles.

Key Details

Senior-secured debt positions

Monthly cash flow distributions

Conservative, gap-filling structure

Operators with multi-cycle track record

Typically Right For

Investors looking for consistent cash flow

Capital moving out of volatile paper assets

Self-directed IRA holders seeking non-correlated income

private credit

Small Business Lending Fund

Structure
Senior-Secured Debt

Distributions
Monthly

Investor Type
Accredited

why this exists

Getting a small business loan through traditional channels… a bank, the SBA… takes six to nine months with no guarantee. The businesses that most need capital to grow don’t have that kind of time.

 

This fund solves that problem by funding directly. The operating partners run one of the largest business lending brokerages in the country… over $1 billion deployed. They use that origination engine to cherry-pick the highest-quality borrowers, then fund the best ones themselves.

Who Makes the Cut

The structure is simple enough to explain to anyone in five minutes. Distributions come monthly… this is income, not a 5-year wait. Senior-secured means you’re first in line if something goes wrong. The operators have deployed and returned capital through multiple cycles.

Key Details

$1B+ deployed by operating partners

Avg. borrower: $3M revenue, 10yr track record

Non-correlated to real estate cycles

Conservative borrower selection

Typically Right For

Investors wanting private credit exposure

Those diversifying beyond real estate

Anyone seeking yield from a non-equity source

Every deal I bring
clears the same bar.

03

Track record through adversity

Anyone looks good in a bull market. I want to see how they handled 2009… or whatever the hardest year was.

02

Skin in the game
If they’re not in the deal themselves, that tells me everything I need to know about their conviction.

01

Operators paid on performance… not fees

Their upside should be tied to yours, not to assets under management. Fee-driven structures are a conflict of interest from day one.

06

Transparent communication

Straight answers before and after you invest. If it’s hard to get answers before you sign, it won’t get easier after.

05

Short, predictable liquidity

Long lockups with no clarity aren’t capital allocation… they’re hope. I want a clear path.

04

Downside protection first

I don’t care about the ceiling until I understand the floor. Conservative underwriting only.

The Standard Either Way
Ready to Go Deeper
Get full access todeal summaries and offering materials.

The structure is simple enough to explain to anyone in five minutes. Distributions come monthly… this is income, not a 5-year wait. Senior-secured means you’re first in line if something goes wrong. The operators have deployed and returned capital through multiple cycles.

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Northcorp Capital

… Thomas St. John

Northcorp Capital

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This is not an offer to sell securities. For accredited investors
only. Past performance does not guarantee future results.

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