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
2022
'40 Act
Interval CEF
USD
Quarterly
Daily
1.75%
December 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
Mar 20, 2026
17:10
Marketing Materials, Redemptions
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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.
Feb 20, 2026
16:01
Marketing Materials, Redemptions
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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.
Apr 20, 2024
15:21
Compliance
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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.
Jul 18, 2025
14:40
Compliance
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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.
Oct 08, 2024
10:45
Performance, Redemptions
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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.
Oct 29, 2025
17:03
Marketing Materials, Redemptions, Subscriptions
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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.
Aug 07, 2024
11:12
Performance, Redemptions
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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.
Dec 23, 2023
11:06
Redemptions, Subscriptions
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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.
Aug 11, 2024
11:21
Ownership, Personnel, Redemptions
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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.
Dec 05, 2023
11:12
Performance, Redemptions
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Redwood Private Real Estate Debt Fund is opening a quarterly repurchase offer for up to 5% of its issued and outstanding Class I Shares at NAV, with a February 9, 2026 request deadline and December 29, 2025 Class I NAV of $25.22. Shareholders may tender shares for cash liquidity, subject to possible pro rata acceptance if requests exceed the offer amount.
Preview
News
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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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