ATLANTA–(Enterprise WIRE)–Stonehill, a direct loan provider on industrial real estate, declared the expansion of its management group with four senior government hires. Joining the organization are Daniel Siegel, Greg Koenig, Nisu Mehta and Taylor Pike. The addition of these leaders represents a strategic action in Stonehill’s eyesight of growing its commercial lending business across all authentic estate sectors.
“We are fortuitous to have these 4 remarkably achieved business executives be part of Stonehill at a time of sturdy expansion and momentum for our enterprise,” said Mat Crosswy, Stonehill’s president and a principal. “Their backgrounds intently align with Stonehill’s deep sector practical experience, ingenuity and get the job done ethic. We glimpse forward to operating intently with them on important strategic initiatives to increase our commercial serious estate lending company.”
Started in 2013, Stonehill provides innovative monetary options for center-current market firms. The principals of Stonehill have originated and structured around $5. billion in debt. In addition, Stonehill was not too long ago ranked as the tenth-major U.S. commercial actual estate resort loan company by origination volume centered on the 2021 Property finance loan Bankers Affiliation bank loan origination rankings.
“Stonehill has gained an field-primary track record as an experienced real estate loan provider ready to originate and near complicated transactions in hospitality,” Siegel reported. “We are enthusiastic for the prospect to be a part of this purposeful corporation to develop on their momentum to expand their item choices.”
About New Leaders
“As our corporation carries on to evolve as a best-in-course capital service provider for business authentic estate, it is paramount we keep on to insert experienced or finest-in-class workforce customers,” Crosswy explained.
The new group has a long time of serious estate expertise throughout quite a few sides of the business and spanning several business enterprise cycles.
Siegel serves as the president of Stonehill’s business genuine estate lending group overseeing the group’s enlargement into commercial authentic estate lending. Just before joining Stonehill, he was handling director at a huge personal fairness agency and the head of substantial-yield investments. Prior to joining that company, Siegel was vice president of acquisitions at Rialto Funds, overseeing the distressed bank loan acquisitions platform. For the duration of his tenure at Rialto, Siegel immediately oversaw the acquisition of professional genuine estate loans on both domestic and international possibilities. In addition, he made the firm’s compact harmony financial loan acquisition system and led the firm’s to start with European acquisition. Siegel has a bachelor’s degree in Finance from Tulane University.
Koenig is a senior vice president at Stonehill. Ahead of signing up for Stonehill, he was an government director at a massive personal equity company, focusing on financial debt originations in all asset lessons. Prior to that, Koenig was a senior vice president at Newport RE, a German-primarily based serious estate expense business, focusing on acquisitions and asset management for its U.S. portfolio. Beforehand, he was a vice president at Rialto Funds, wherever he served underwrite and asset-deal with personal loan portfolios. Just before signing up for Rialto, Koenig labored at TriMont Actual Estate Advisors facilitating financial loan workout routines and maximizing returns on distressed assets. Koenig holds a bachelor’s diploma from the University of Connecticut, where by he majored in Authentic Estate and Urban Economics.
Mehta is a senior vice president at Stonehill. Prior to joining Stonehill, he was an executive director at a massive personal equity enterprise, in which he was a senior originator and underwriter concentrating on both equally credit card debt and equity investments in the Southeast U.S. Prior to that, Mehta was the director of financial commitment management at Rialto Capital, in which he oversaw the acquisitions of total financial loan portfolios and identified and assist underwrite equity investments in the Southeast U.S. Furthermore, he was associated in helping Rialto’s CMBS B-piece platform to grow to be one particular of the premier contributors in the sector. He been given a bachelor’s degree 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. Ahead of becoming a member of Stonehill, he was an govt director at a substantial non-public equity company, where by he originated debt investments. Prior to that, Pike worked as an analyst at Rialto Funds, where his major responsibilities provided financial loan asset administration and underwriting. He is a graduate of the Terry Faculty of Enterprise at the College of Ga, obtaining a bachelor’s in Finance and Economics.
Stonehill primarily focuses on funding long-lasting financial loans, bridge financial loans, mezzanine loans, and most popular fairness investments. Considering the fact that its founding in 2013, Stonehill and its partners have originated additional than $5. billion in initiatives trying to find money to full acquisitions, recapitalizations, refinancing and renovations. For extra information, please stop by www.stonehillsc.com.