WAY Wednesday | June 25, 2025
Equity Provider of the Week
TriGate Capital, headquartered in Dallas, Texas, is a Privately-held real estate investment manager that specializes in the recapitalization and repositioning of high-quality commercial real estate assets and companies. Since its inception in 2007, TriGate has built a diverse platform that spans both equity and sub-debt strategies, managing capital on behalf of institutional investors and family offices. The firm emphasizes focusing on curing capital dislocation by transacting with motivated counterparties and working through complex situations, typically with overleveraged companies, sponsors, and assets. TriGate is recognized for its intellectual capital, financial sophistication, and collaborative approach to deal structuring, making it a trusted and strategic partner of the WAY team.
Capital Types: Common Equity, Preferred Equity, Mezzanine Debt
Financing Types: Acquisition and Recapitalization
Asset Classes: Residential, Retail, Industrial, and Special Situations
Geographic Focus: Southeast, Southwest, Texas
Ideal Check Size: $5MM-$40MM
WAY Back Wednesday…
In January 2023, WAY successfully procured and closed bridge financing for Gondola Vista, a premier 20-unit luxury vacation rental community located in the heart of South Lake Tahoe, California. The bridge loan facilitated the repatriation of the Sponsor’s equity, including the development of an on-site amenity center to further enhance the Project’s amenity offerings and adding strong long-term value to the investment.
Situated directly beneath the Heavenly Gondola and adjacent to Heavenly Village, the property offers true ski-in/ski-out access to Heavenly Mountain Resort. Each townhome—ranging from four to six bedrooms—is outfitted with high-end finishes, EV-ready oversized garages, smart home features, and resort-style amenities including heated floors, fire pits, and private hot tubs.
Gondola Vista is uniquely positioned to attract high-end vacationers. Professionally managed, the Project benefits from its walkable location near shops, dining, and the new Tahoe South Events Center—projected to generate up to $60 million in annual economic impact—further enhancing its long-term investment profile.