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Radcliffe Capital
sandra.e@radcliffe.co
RC
Settings
Dashboard
Holdings
4
Active Fundraises
6
Fundraising Target
$13M
Progress
68%
Holdings Map
Portfolio Performance
Assets Under Management (AUM)
$152,000,007
Net IRR
18.4%Equity Multiple
1.62xCash on Cash
8.7%DPI (Dist. to Paid-In)
0.13xContributions$5,500,000
Riverton Tower
3m ago
Prescott Place
33m ago
The Whitmore Building in NYC
37m ago
Holdings
| Property | Type | Status | AUM | Investors |
|---|---|---|---|---|
Riverton Tower New York, NY | Office | Active | $52,400,000 | 24 |
Prescott Place New York, NY | Mixed Use | Raising | $38,200,000 | 18 |
The Whitmore Building New York, NY | Retail | Active | $34,800,000 | 12 |
Morristown Commons Morristown, NJ | Multifamily | Raising | $26,600,000 | 31 |
Positions
Total Positions
15
Unique Entities
7
Total Committed
$14.65M
Total Distributions
$0
Search 15 positions
| Entity | Holding | Fundraise | Share Class | Class % | Deal % | Commitment | Contributions | Distributions | Capital Acct | Created |
|---|---|---|---|---|---|---|---|---|---|---|
| Scott Brennan | Riverton Tower | RVT First Raise | Class A | 16.67% | 4.76% | $500,000 | $500,000 | $0 | $532,100 | Jan 15, 2024 |
| Nathan Perry | Riverton Tower | RVT First Raise | Class A | 33.33% | 9.52% | $1,000,000 | $1,000,000 | $42,000 | $1,058,200 | Jan 15, 2024 |
| Hawthorne LLC | Riverton Tower | RVT Fundraise 2 | Class B | 50.00% | 4.76% | $2,500,000 | $1,250,000 | $0 | $1,312,500 | Jun 3, 2025 |
| Rachel Bennett | Riverton Tower | RVT First Raise | Class A | 16.00% | 4.58% | $2,400,000 | $2,400,000 | $84,000 | $2,516,400 | Jan 20, 2024 |
| Tyler Morgan | Morristown Commons | Morristown Fund | Class A | 10.00% | 6.95% | $1,850,000 | $925,000 | $0 | $948,125 | Mar 1, 2025 |
| David Hawkins | Morristown Commons | Morristown Fund | Class A | 28.00% | 19.55% | $5,200,000 | $2,600,000 | $0 | $2,665,000 | Mar 1, 2025 |
| Bennett Family Trust | Riverton Tower | RVT First Raise | Class A | 110.00% | 14.29% | $3,000,000 | $3,000,000 | $126,000 | $3,174,600 | Feb 1, 2024 |
| Karen Mitchell | Prescott Place | Prescott Place Raise | Class A | 8.33% | 1.96% | $750,000 | $375,000 | $0 | $381,250 | Sep 15, 2025 |
| Brian Foster | Riverton Tower | RVT Fundraise 2 | Class B | 25.00% | 5.90% | $3,100,000 | $1,550,000 | $0 | $1,581,000 | Jul 10, 2025 |
| Laura Chen | Prescott Place | Prescott Place Raise | Class A | 13.33% | 3.14% | $1,200,000 | $600,000 | $0 | $612,000 | Oct 5, 2025 |
| Megan Walsh | Riverton Tower | RVT First Raise | Class A | 8.33% | 2.38% | $250,000 | $250,000 | $10,500 | $265,500 | Jan 15, 2024 |
| Hannah Cole | Riverton Tower | RVT Fundraise 2 | Class B | 25.00% | 3.81% | $2,000,000 | $1,000,000 | $0 | $1,020,000 | Aug 20, 2025 |
Showing 12 of 15 rows
Investors
RB
Rachel Bennett
LP · 3 Holdings
$2,400,000
TM
Tyler Morgan
LP · 2 Holdings
$1,850,000
DH
David Hawkins
LP · 4 Holdings
$5,200,000
KM
Karen Mitchell
LP · 1 Holding
$750,000
BF
Brian Foster
LP · 3 Holdings
$3,100,000
LC
Laura Chen
LP · 2 Holdings
$1,200,000
Communications
+ Log Activity
Today (2)
Follow-up call with Rachel BennettBennett Family Trust· RVT First RaiseCommitted
Amy confirmed $2.4M commitment. Wiring funds by Friday.
Scott Brennan
Apr 6, 2026
Sent deal memo to David Hawkins· Morristown Commons FundInterested
Marcus reviewing with his advisor. Targeting $5M allocation across two tranches.
Chris Davenport
Apr 6, 2026
This Week (5)
Karen Mitchell, Mitchell Family Office· Prescott Place RaiseInterested
Nathan Perry
Apr 4, 2026
Tyler Morgan capital call discussion· Morristown Commons FundFollow Up
Scott Brennan
Apr 3, 2026
Internal note — Glendale Tower
Appraisal came in at $62M, 8% above acquisition basis.
Nathan Perry
Apr 2, 2026
Distribution notice sent, All Investors· RVT First Raise
Q4 2025 distribution of $342K processed. ACH payments initiated for 24 investors.
Megan Walsh
Apr 1, 2026
Intro call with Laura ChenChen Capital Group· Prescott Place RaiseInterested
Chris Davenport
Mar 31, 2026
Older (3)
Subscription docs sent to Laura ChenChen Capital Group· Prescott Place RaisePending
Scott Brennan
Mar 30, 2026
Quarterly review — All hands
Reviewed Q1 performance across all holdings. NAV up 4.2% QoQ.
Nathan Perry
Mar 28, 2026
Brian Foster re: co-invest opportunityFoster Family Office· RVT Fundraise 2Interested
Chris Davenport
Mar 27, 2026
Tasks
Open Tasks
9
Overdue
4
Completed This Week
2
| Task | Status | Priority | Due Date | Assigned To |
|---|---|---|---|---|
| Send Q4 distribution notices to RVT investors | Completed | Low | Mar 28, 2026 | Megan Walsh |
| Upload revised PPM for Prescott Place Raise | Completed | Medium | Apr 1, 2026 | Scott Brennan |
| Follow up with Rachel Bennett on wire confirmation | Open | High | Apr 4, 20262 days ago | Nathan Perry |
| Send rent rolls to Karen Mitchell for Prescott Place | Open | High | Apr 5, 20261 day ago | Scott Brennan |
| Schedule capital call for Morristown Q2 | Open | Medium | Apr 8, 2026 | Megan Walsh |
| Call Tyler Morgan re: capital call extension request | Open | High | Apr 3, 20263 days ago | Nathan Perry |
| Prepare investor update deck for Whitmore Building Q1 | Open | Medium | Apr 10, 2026 | Chris Davenport |
| Send subscription docs to Laura Chen | Open | Medium | Apr 9, 2026 | Scott Brennan |
| Request updated appraisal for Glendale Tower | Open | Low | Apr 15, 2026 | Nathan Perry |
| Verify accreditation for Allison Grant — RVT Fund 2 | Open | Medium | Apr 2, 20264 days ago | Megan Walsh |
| Draft co-invest term sheet for David Hawkins | Open | Medium | Apr 12, 2026 | Nathan Perry |
Showing 11 of 11 rows
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Whitmore Building · Q4 2025
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Whitmore Building — Q4 2025 Report
Whitmore Building · Q4 2025
Executive Summary
Occupancy rose to 94.5%, driven by strong leasing and a nearby school opening expected to boost residential demand in the area.
Tenants & Occupancy
Search folders
New Folder
Riverton Tower
Prescott Place
Glendale Tower
The Whitmore Building
Morristown Commons
Documents
Search documents
| Document | Path | Shared with | ||
|---|---|---|---|---|
PDF | RVT — Private Placement Memorandum 2.4 MB | /Riverton Tower/Legal | RB TM +21 | |
XLS | RVT Q4 2025 — Capital Account Statements 148 KB | .../Reports | RB +22 | |
PDF | RVT — Subscription Agreement (Template) 890 KB | .../Legal | — | |
XLS | RVT — Distribution Waterfall Model 312 KB | .../Finance | — | |
PDF | RVT — 2025 K-1 Tax Package 1.1 MB | .../Tax | RB +22 | |
PPT | RVT — Investor Presentation Q1 2026 5.8 MB | .../Marketing | RB +5 | |
PDF | RVT — Phase II Environmental Report 3.2 MB | .../Due Diligence | — | |
DOC | RVT — Operating Agreement (Executed) 245 KB | .../Legal | — | |
XLS | RVT — Rent Roll March 2026 86 KB | .../Operations | — | |
PDF | RVT — Appraisal Report (Jan 2026) 4.7 MB | .../Valuation | — | |
PDF | RVT — Insurance Certificate 2026 520 KB | .../Insurance | — | |
XLS | RVT — Cash Flow Pro Forma (5-Year) 198 KB | .../Finance | KM LC |
Banking
Open Account
Make a Payment
See Transactions
Total Banking Balance
$20,000,000
Pending Distributions
$712,253.25
Q4 Distribution — RVT$342,000
Q4 Distribution — Prescott Place$370,253
Recent Transactions
Capital Call — Morristown
Dec 28
Wire Transfer — Rachel Bennett
Dec 22
Vendor Payment — Whitmore Bldg.
Dec 19
Fund Administration
Active Funds
6
Total NAV
$152M
Investor Accounts
85
K-1s Pending
24
NAV by Fund
RVT First Raise24 inv · Office
$52.4MCurrent
Prescott Place Raise18 inv · Mixed Use
$38.2MPending Review
Whitmore NYC Fund 312 inv · Retail
$34.8MCurrent
Morristown Commons Fund31 inv · Multifamily
$26.6MCurrent
2025 K-1 & Tax Delivery
RVT First Raise100%
Prescott Place Raise72%
Whitmore Fund 358%
Morristown Commons35%
Glendale Raise90%
Transfer Agent & Recordkeeping
Investor onboarding — Allison Grant
RVT Fundraise 2 · Accreditation pending
Ownership transfer — Hawthorne LLC → Hawthorne Trust
RVT Fundraise 2 · Legal review
Capital account reconciliation — Q4 2025
All funds · 83 of 85 accounts reconciled
Subscription doc execution — Laura Chen
Prescott Place Raise · E-signature sent
DTCC / AIP Connectivity
DTCC AIP sync — RVT First Raise
Last sync: Apr 5, 2026 · 24 positions
DTCC AIP sync — Prescott Place Raise
Last sync: Apr 5, 2026 · 18 positions
DTCC AIP sync — Morristown Commons
Last sync: Apr 4, 2026 · 31 positions
AIP enrollment — Whitmore Fund 3
Submitted Mar 28 · Awaiting DTCC approval
Tax Center
Generate K-1s
Deliver All
Export CSV
2023
2024
2025
Total K-1s
85
Delivered to Investors
49
Generated, Not Sent
12
Processing
24
| Investor | Fund | EIN/SSN | K-1 Status | Delivered | Method |
|---|---|---|---|---|---|
| Rachel Bennett | RVT First Raise | ***-**-4821 | Delivered | Mar 12, 2026 | Email + Portal |
| Rachel Bennett | Morristown Commons | ***-**-4821 | Delivered | Mar 12, 2026 | Email + Portal |
| Tyler Morgan | RVT First Raise | ***-**-7733 | Delivered | Mar 14, 2026 | Email + Portal |
| David Hawkins | Morristown Commons | ***-**-1190 | Generated | — | — |
| Brian Foster | RVT Fundraise 2 | ***-**-5502 | Delivered | Mar 15, 2026 | Email + Portal |
| Karen Mitchell | Prescott Place Raise | ***-**-8847 | Processing | — | — |
| Laura Chen | Prescott Place Raise | ***-**-3319 | Processing | — | — |
| Scott Brennan | Whitmore Fund 3 | ***-**-6654 | Generated | — | — |
| Scott Brennan | RVT First Raise | ***-**-6654 | Delivered | Mar 12, 2026 | Email + Portal |
| Nathan Perry | Glendale Raise | ***-**-2201 | Generated | — | — |
| Nathan Perry | RVT First Raise | ***-**-2201 | Delivered | Mar 12, 2026 | Email + Portal |
| Hawthorne LLC | RVT Fundraise 2 | **-***-9082 | Not Started | — | — |
| Bennett Family Trust | Whitmore Fund 3 | **-***-4410 | Processing | — | — |
| Megan Walsh | RVT First Raise | ***-**-7791 | Delivered | Mar 14, 2026 | Email + Portal |
| Hannah Cole | RVT Fundraise 2 | ***-**-0158 | Generated | — | — |
Showing 15 of 85 K-1s · 2025 Tax Year
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New
AI-powered speed. Human-driven decisions.
Covercy One gives commercial real estate firms one platform to manage everything from raise to return. Less toggling, fewer tools, more time actually running your business.
Read the announcementTrusted by hundreds of leading commercial real estate firms globally
Everything a GP Needs, Nothing They Don't
Six core modules. One connected platform. Zero patchwork.
Investor Portal
Give your LPs 24/7 access to fund performance, documents, and distribution history — with real-time reporting that keeps them informed without a single email from your team.
Committed
$0.0MContributed
$0.0MUncalled
$0KDistributed
$0KYour Investments
Radcliffe Capital
Investor since 2024 · 3 investments
Committed
$2.4M
Meridian Partners
Investor since 2025 · 1 investment
Committed
$750K
Financial Operations
Centralized bookkeeping, reconciliation, and reporting that keeps your fund finances accurate and audit-ready.
Holdings
DetailsEquityContributedDistributed
The Brandy Library
Fundraising$0.00M
$1.40M
67% of $2.10M
$0.00M
7 World Trade Center
Active$50.00M
$10.93M
91% of $12.00M
$2.40M
Distributions
Automate waterfall calculations and send one-click distribution payments to every LP, every quarter.
Distribution Q1 2026
Closed EndedPeriod
Quarterly
Quarter
Q1
Year
2026
Waterfall
Pro Rata
Amount
$1,000,000
Calculate Waterfall
Total distributed via Covercy$847,320.00
Total distributed outside of Covercy$152,680.00
Total$1,000,000.00
Fundraising
Raise capital with branded portals, automated subscription docs, and streamlined capital calls that close commitments faster.
100 Madison
Investment Details
Class
Members - COMMON
Interested?
Amount
$250,000
Name
Michael Torres
Email
m.torres@meridianpartners.com
Invest Now
Payments & Banking
Capital calls, operating expenses, and vendor payments with ACH, wire, and automatic reconciliation — plus embedded banking that earns interest on idle capital.
Balance
$0Available
$0The Brandy Library
OpenDeposit$ Pay
Account · 2647
Account Activity
Q4 Distribution — Fund III
Mar 15
Distribution
-$847,320
Interest — March 2026
Mar 10
Interest
+$4,218.43
Apex Property Mgmt — Invoice
Mar 1
Vendor Pay
-$18,500
Fund Administration
K-1 tax support, transfer agent services, NAV calculations, and compliance — handled in-platform or with our partners.
Fund Administration
Active Funds
0Documents
0NAV Updated
Mar 2026
Documents
NameStatusDue
K-1 2025 — Fund III
Mar 15
P&L Statement — Q4
Mar 15
NAV Report — Q4
Apr 1
Compliance Status
All funds current · Last audit Dec 2025
What Our Customers Say
“We checked out the competition of similar group investment payment portals and found Covercy to be head and shoulders above the competition. Covercy is extremely flexible and accommodates the needs of our diverse group of both large and small investors.
Glen Lesnick
Founder, R & B Properties
“By bringing everything into one platform, we have transparency both to our investors and to our business organization as a whole. Being able to create reports is much simpler and easier to understand the information being shown from an investor's point of view.
Brian Wilson
Director of Sales and Operations, Sonos Capital
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