Real Estate Credit & Equity

A Manhattan- and Florida-focused real estate lender and investor.

TZ Capital operates a dual debt and equity platform — originating bespoke high-yield financings for institutional-quality sponsors, and acquiring and developing specialty commercial and residential assets across the United States.

Founded 2023  ·  West Palm Beach, FL & New York, NY
$50–250M
Bespoke credit financings per transaction
$20–300M
Commercial equity acquisitions & development
NY · FL · CA
Core markets, with selective US flexibility
Debt + Equity
Two aligned platforms under one roof

The Platform

One firm. Two complementary mandates.

TZ Capital invests across the capital structure — pairing a high-yield credit desk with direct equity ownership, so sponsors can find the right capital for the right business plan.

Private Credit

The Credit Desk

High-yield, bespoke real estate financings

We originate flexible, structured financings for established real estate groups with strong visibility on their business plans and differentiated sites. We move quickly, underwrite the asset and the sponsor, and seek an alignment of interest in every partnership.

  • Financing size$50M – $250M
  • SponsorsInstitutional quality
  • GeographyUS · focus NY / FL / CA
  • ApproachBespoke & structured
Private Equity

The Equity Platform

Direct acquisitions & development

We acquire and develop specialty commercial and residential assets, managing capital on behalf of our founders, high-net-worth families, and asset-management partners with a long-term approach to capital appreciation and cash flow.

  • Commercial$20M – $300M
  • Residential$40M – $200M
  • GeographyNew York & Florida
  • HorizonLong-term ownership

Investment Criteria

What we look for


TZ Capital is a Palm Beach–based real estate investment firm with both a debt and an equity platform. On the debt side we originate real estate loans to established groups with good visibility on their business plans and differentiated sites across the US — with a focus on Florida, New York, and California. On the equity side we acquire or develop specialty commercial and residential assets in New York and Florida. We are more geographically flexible on the debt platform, and we seek an alignment of interest in all partnerships.

Established sponsors
Experienced real estate groups with a demonstrable track record and clear business plans.
Differentiated sites
Specialty assets and locations where basis, structure, or expertise create an edge.
Scale
Financings from $50M; equity from $20M (commercial) and $40M (residential).
Aligned partnership
A genuine alignment of interest between sponsor and capital in every deal.

Selected Transactions

A track record across credit and equity.

Representative transactions illustrating the firm's reach across marquee credit financings and direct equity ownership in premier markets.

Private Credit · Senior Financing

South Flagler House

Co-provided construction financing for the landmark waterfront condominium development in West Palm Beach, Florida, alongside leading institutional lenders.
$600M
Private Equity · Acquisition

151 Worth Avenue

Acquisition of the former Neiman Marcus building on Worth Avenue, Palm Beach — a trophy retail asset on one of the country's premier luxury corridors.
$80.5M

Who We Are

An entrepreneurial, opportunistic investment firm.

TZ Capital is driven by the principles of integrity, partnership alignment, and a long-term approach to real estate acquisition, lending, and development. The firm is led by three managing partners with deep credit and equity backgrounds.

TT

Tyler Tananbaum

Co-Founder & Managing Partner

Leads deal sourcing, underwriting, execution, and asset management. Previously a Senior Associate at Wexford Real Estate Investors and at GTIS Partners. University of Pennsylvania (Wharton), and former President of the Wharton Undergraduate Real Estate Club.

SZ

Sam Zuckert

Co-Founder & Managing Partner

Focuses on credit and equity sourcing and execution. Previously on the high-yield credit team at Related Fund Management — helping manage roughly $2B of capital and $5B of total financings — and at William Street Capital and Icon Realty. USC Marshall School of Business.

TT

Teddy Tananbaum

Managing Partner

Responsible for deal sourcing and equity and credit execution. Former Analyst and Trader at Diameter Capital Partners and a restructuring advisor at Centerview Partners. University of Pennsylvania, Magna Cum Laude.

Family Office
Heritage

TZ Capital invests with the long-term orientation of a family office — managing capital on behalf of its founders, high-net-worth families, and asset-management partners, with credit-led discipline drawn from careers at Related Fund Management, Diameter, Centerview, GTIS, and Wexford.

Submit a Deal

Bring us your next financing.

We review inbound opportunities continuously across both our credit and equity platforms. Share the basics below and a partner will follow up directly.

  • Reviewed directly by the partnership — no intermediaries.
  • Credit financings from $50M; equity from $20M.
  • All submissions held in the strictest confidence.

This is an illustrative preview — submissions are not transmitted or stored anywhere.

Thanks — a partner will follow up.

We've received your submission and a member of the partnership will be in touch shortly to discuss next steps.