The Redwood Private Real Estate Debt Fund (formerly known as the Redwood Real Estate Income Fund) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940. The Fund operates as an interval fund and has adopted a fundamental policy to conduct quarterly repurchase offers at net asset value. Managed by Redwood Investment Management, LLC, the Fund seeks to provide current income and preserve capital by investing at least 80% of its net assets in private U.S. commercial real estate-related debt investments, including mortgages, mezzanine debt, and lines of credit. The Fund may also allocate up to 20% of its assets to short-duration fixed income instruments. It utilizes leverage through reverse repurchase agreements and other borrowing methods to enhance returns, while maintaining compliance with regulatory asset coverage requirements.
News and Notices
Redwood Investment Management, LLC
Jun 26, 2023
Interval CEF
'40 Act
Quarterly
Daily
USD
December 31
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Nov 20, 2023
11:29
Redemption
Redwood Private Real Estate Debt Fund opened a quarterly offer to repurchase up to 5% of Class I shares at net asset value, recently $25.13. Requests are due by 4:00 p.m. Eastern Time on November 10, 2026.
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Aug 20, 2024
17:10
Marketing Material, Redemption
Redwood Private Real Estate Debt Fund updated its 80% investment policy to cover private commercial real estate-related debt investments, removing the prior U.S. limitation. Shareholders may tender shares from October 20, to November 10, 2026, at net asset value.
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Jun 20, 2025
16:01
Marketing Material, Redemption
Redwood Private Real Estate Debt Fund updated repurchase procedures, allowing repurchases up to an additional 2% of outstanding shares and full tenders from holders below 100 shares before proration. Unrepurchased requests require resubmission in the next offer without priority.
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Jan 20, 2024
15:21
Compliance
Redwood Private Real Estate Debt Fund renewed joint fidelity bond coverage for July 31, 2026 to July 31, 2027, with $500,000 per-loss liability. It is insured alongside six registered investment companies under ratable premium and recovery-sharing arrangements.
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Sep 18, 2025
14:40
Compliance
Redwood Private Real Estate Debt Fund reported its annual proxy voting notice for calendar year 2026, listing zero series and no proxy voting matters. Investors have no disclosed voting decisions to review for the period ended June 30, 2026.
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Jun 08, 2026
10:45
Performance, Redemption
Redwood Private Real Estate Debt Fund began an offer to repurchase up to 5% of outstanding Class I shares; Class I net asset value was $25.08 on July 1, 2026. Shareholders may tender or change requests by August 12, 2026.
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Oct 29, 2025
17:03
Marketing Material, Redemption, Subscription
Redwood Private Real Estate Debt Fund updated its registration materials for a continuous Class I and Class S offering, with Class I Shares outstanding increasing to 17,473,345 and fees unchanged at a 1.75% management fee. The Fund continues quarterly repurchase offers of at least 5% of Shares, limiting investor liquidity.
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Jul 07, 2025
11:12
Performance, Redemption
Redwood Private Real Estate Debt Fund announced its quarterly repurchase offer for up to 5% of outstanding Class I Shares, beginning April 7, 2026, with a request deadline and pricing date of May 12, 2026; March 31, 2026 Class I NAV was $25.10. Shareholders may tender shares for cash at NAV, subject to pro rata reduction if oversubscribed.
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Jun 23, 2025
11:06
Redemption, Subscription
Redwood Private Real Estate Debt Fund reported $170 million of securities sold and $76.9 million redeemed or repurchased for the fiscal year ended December 31, 2025, resulting in $93 million of net sales. The fund's annual registration fee due was $12,843.
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Dec 11, 2023
11:21
Ownership, Personnel, Redemption
Principal Executive Officer Michael Todd Messinger reported the disposition of 61,628.287 Class I Shares of Redwood Private Real Estate Debt Fund at $25.12 per share, leaving him with 0 shares.
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Interval CE Funds
Debt
Real Estate
North America
'40 Act in Focus: Redwood Private Real Estate Debt Fund
Jun 12, 2026

We dive into CREMX, outlining the investment strategy, performance, and other details of the Redwood-managed interval fund.

Redwood Private Real Estate Debt Fund
Redwood Investment Management, LLC is responsible for managing Redwood Private Real Estate Debt Fund.
Redwood Private Real Estate Debt Fund launched in 2022.
Redwood Private Real Estate Debt Fund is registered as a '40 Act fund.
Redwood Private Real Estate Debt Fund is structured as a Interval CEF fund.
You can invest in Redwood Private Real Estate Debt Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Redwood Private Real Estate Debt Fund daily, subject to eligibility and fund subscription deadlines.
You can redeem shares of Redwood Private Real Estate Debt Fund quarterly, subject to redemption limits and notice requirements.
Shares of Redwood Private Real Estate Debt Fund can be purchased in USD.
Redwood Private Real Estate Debt Fund's fiscal year end is December 31.
Redwood Private Real Estate Debt Fund's net asset value was $436.7 million and its portfolio had a fair value of $691.7 million as of March 31, 2026.
Among other deal types, Redwood Private Real Estate Debt Fund primarily makes Debt Investments.
Among other asset classes, Redwood Private Real Estate Debt Fund primarily invests in Real Estate (Debt).
Among other regions, Redwood Private Real Estate Debt Fund primarily invests in the USA and Globally.
Redwood Private Real Estate Debt Fund charges a 1.75% annual management fee, which is calculated based on NAV.
You can invest in CREMX shares with a minimum initial investment of $1,000.
There is no minimum subsequent investment for CREMX shares, allowing you to invest any amount.
You will be subject to paying an early repurchase/redemption fee of 0%.
Redwood Private Real Estate Debt Fund's CREMX share class generated an annualized 1-month return of 7.73% and since-inception return of 7.30% as of December 31, 2025.
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