Mubadala and CalSTRS Inject $215M into 3650 Capital

Alternative real estate lender 3650 Capital announced Thursday a $215 million investment from Mubadala Investment Company and the California State Teachers’ Retirement System (CalSTRS)—a capital boost that underscores growing confidence in alternative lending amid a shifting financial landscape. The fresh capital, secured with guidance from Sidley Austin LLP, will be strategically allocated across 3650 Capital’s Mubadala's $215M real estate lender investment in 3650 Capital fuels alternative financing amid banking pullback.