360 Capital FM Limited as responsible entity for the 360 Capital Mortgage REIT ("TCF" or the "Fund") announced that it has invested $1.5 million in a new junior loan facility, secured by a registered second mortgage over a high end, luxury waterfront apartment development in Sydney. In addition to the registered second mortgage, the loan is secured by a general security agreement over the borrower and personal guarantees from the sponsor. The new loan is subject to a 17.0% coupon and a profit share top-up to a minimum 20.0% IRR for a term of up to 24 months.

The Fund will continue to pay monthly distributions in line with operating earnings.