ATLANTA, May possibly 18, 2022–(Business enterprise WIRE)–Stonehill, a direct loan provider on industrial serious estate, declared the expansion of its leadership group with 4 senior government hires. Joining the business are Daniel Siegel, Greg Koenig, Nisu Mehta and Taylor Pike. The addition of these leaders signifies a strategic stage in Stonehill’s eyesight of expanding its business lending organization across all genuine estate sectors.
“We are privileged to have these four very completed marketplace executives join Stonehill at a time of powerful growth and momentum for our company,” explained Mat Crosswy, Stonehill’s president and a principal. “Their backgrounds closely align with Stonehill’s deep business experience, ingenuity and perform ethic. We search ahead to doing work closely with them on critical strategic initiatives to grow our professional real estate lending company.”
Established in 2013, Stonehill supplies artistic monetary answers for middle-market place corporations. The principals of Stonehill have originated and structured approximately $5. billion in personal debt. In addition, Stonehill was not long ago ranked as the tenth-most significant U.S. industrial genuine estate lodge lender by origination quantity centered on the 2021 House loan Bankers Affiliation personal loan origination rankings.
“Stonehill has gained an field-main status as an knowledgeable true estate lender ready to originate and close intricate transactions in hospitality,” Siegel mentioned. “We are energized for the possibility to join this purposeful organization to make upon their momentum to increase their product or service choices.”
About New Leaders
“As our firm proceeds to evolve as a greatest-in-class capital provider for commercial serious estate, it is paramount we go on to incorporate expert or greatest-in-class group users,” Crosswy claimed.
The new group has many years of serious estate working experience throughout quite a few sides of the business and spanning several organization cycles.
Siegel serves as the president of Stonehill’s industrial actual estate lending group overseeing the group’s growth into industrial serious estate lending. In advance of joining Stonehill, he was running director at a large non-public fairness business and the head of large-produce investments. Prior to becoming a member of that firm, Siegel was vice president of acquisitions at Rialto Money, overseeing the distressed mortgage acquisitions platform. Through his tenure at Rialto, Siegel directly oversaw the acquisition of commercial serious estate loans on both domestic and international prospects. Furthermore, he designed the firm’s smaller stability financial loan acquisition system and led the company’s very first European acquisition. Siegel has a bachelor’s degree in Finance from Tulane University.
Koenig is a senior vice president at Stonehill. Prior to joining Stonehill, he was an executive director at a large personal equity company, focusing on debt originations in all asset lessons. Prior to that, Koenig was a senior vice president at Newport RE, a German-dependent true estate financial investment business, concentrating on acquisitions and asset administration for its U.S. portfolio. Earlier, he was a vice president at Rialto Capital, where by he served underwrite and asset-control loan portfolios. Prior to signing up for Rialto, Koenig worked at TriMont Genuine Estate Advisors facilitating financial loan workout routines and maximizing returns on distressed property. Koenig retains a bachelor’s degree from the University of Connecticut, in which he majored in Serious Estate and City Economics.
Mehta is a senior vice president at Stonehill. Prior to becoming a member of Stonehill, he was an govt director at a significant private equity firm, where he was a senior originator and underwriter concentrating on each personal debt and fairness investments in the Southeast U.S. Prior to that, Mehta was the director of expenditure management at Rialto Money, in which he oversaw the acquisitions of complete mortgage portfolios and recognized and support underwrite equity investments in the Southeast U.S. Furthermore, he was concerned in helping Rialto’s CMBS B-piece platform to become one particular of the greatest contributors in the sector. He obtained a bachelor’s diploma in Economics from the University of North Carolina at Chapel Hill and an MBA from Emory College.
Pike is a senior vice president at Stonehill. Before becoming a member of Stonehill, he was an government director at a big personal equity organization, exactly where he originated financial debt investments. Prior to that, Pike labored as an analyst at Rialto Capital, in which his key tasks bundled mortgage asset management and underwriting. He is a graduate of the Terry School of Business at the College of Georgia, acquiring a bachelor’s in Finance and Economics.
Stonehill primarily focuses on funding long term loans, bridge financial loans, mezzanine financial loans, and preferred equity investments. Since its founding in 2013, Stonehill and its companions have originated much more than $5. billion in assignments in search of funds to comprehensive acquisitions, recapitalizations, refinancing and renovations. For additional details, be sure to check out www.stonehillsc.com.
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