FORT LEE, N.J. (May 27, 2025) – Palisades Financial, a leading real estate investment banking and advisory firm, announced that its Palisades Regional Investment Fund II (PRIF II ) earned 16 percent in 2007, net of all fees and expenses. Palisades remains positioned to continue to outperform the marketplace based on its contrarian investment model.


“Our Fund’s best returns have historically occurred in markets of severe dislocation,” Palisades Financial Principal James F. Calvano said. “As more and more capital providers are being forced to the sidelines, our firm is actually seeing a dramatic increase in lending activity among a broad cross-section of borrowers.”

Since inception, PRIF II made 62 investments - 60 percent in multifamily residential developments, 16 percent in specialty developments and 14 percent in office markets, primarily in the New York metropolitan area. More than half of the fund’s assets are in the form of first mortgages with 40 percent allocated in second mortgage and mezzanine loans. Palisades is also targeting non-performing, distressed properties and debt for acquisition – something it has not done since 2003.


“Our continued growth and success as a company comes from our ability to source and understand off-market deals on behalf of our fund and select institutional partners,” said Palisades Financial Principal Jack Chimento. “We have built a cohesive team that delivers on our promises, is able to effectively identify investment opportunities with significant potential and has the flexible capital structure to quickly capitalize on opportunities.”