Daily market intelligence on mortgages, equity raising, investment sales, and CMBS.

Tuesday, 23 January 2018

Middle-Market Lender Trez Forman Sees Doubling Lending Pace This Year

Two-year-old bridge lender Trez Forman Capital Group is aiming to double its originations volume this year to $400 million. The company was formed when Forman Capital partnered with Canadian investment manager Trez Capital Group, providing it the wherewithal to broaden its reach.

Commercial Real Estate Direct Staff Report

Trez Forman Capital Group is aiming to double its originations volume this year to $400 million.

The bridge lender was formed in April 2016 when Forman Capital LP, a Boynton Beach, Fla., alternative lender to middle-market properties, teamed with Trez Capital Group, a Vancouver, British Columbia, investment manager that funds bridge loans against commercial properties in Canada.

Forman, formed by Brett Forman in 2004, was evaluating whether to raise discretionary capital for a fund, which would provide added flexibility to its lending business. And Trez was exploring ways in which it could expand its presence in the U.S.

"We always had a wonderful relationship" with partners - a family office and hedge fund that financed deals as they were originated, but Forman thought a fund would provide it with the ability to better compete against a growing universe of bridge lenders. "We then met Morley Greene," Trez' chairman and chief executive. "It was a natural fit," Forman said. Trez, he said, has an outstanding reputation among the brokerage community in Canada as well as with borrowers and its...


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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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