When Ethan Penner and his team in 1992 started originating commercial mortgages with an eye toward securitizing them, few lenders were willing to do so. Times were so desperate that even the best operators had a hard time getting a mortgage for their properties…
Mosaic Real Estate Investors has provided $460 million in senior debt to BPM Real Estate Group for a massive planned mixed-use development called Block 216 in Downtown Portland, Ore., according to information from Mosaic.
Borrowers are taking advantage of the crowded debt fund space to find some pretty sweet deals on short-term bridge loans.
The $75 million Timbers Kiawah – Ocean Club & Residences is the South Carolina island’s first new residential oceanfront development in more than 30 years.
While lenders are cautious on hospitality deals, there are a range of options for borrowers looking to secure funding this year…
The Robert Green Company has reeled in a $212.2 million mortgage for construction of new lodging buildings that will augment an existing resort…
Ethan Penner is the Founder and Managing Partner of MREC Management, LLC. He is a recognized pioneer in the field of real estate finance with a 35-year career marked by filling voids and responding to unseen or poorly understood opportunities. Over his career he has been involved in more than $30 billion of mortgage originations.
Vicky Schiff is the Co-Founder and Managing Partner of MREC Management, LLC. She is a highly experienced and respected real estate executive whose investment career began in the early 1990s as an acquisitions and diligence executive for Summit Commercial/Highridge Partners in Los Angeles, where she worked on approximately $1 billion in transactions.
With the goal of promoting the advancement of women in private equity real estate investing, PERE Women in Real Estate will kick off its inaugural year on the afternoon of April 18 with featured keynote addresses, facilitated roundtable discussions and insightful panels populated and moderated by leaders in the industry.