Warehouse line closed

Warehouse line closed

Thursday 22 August 2019 17:32 London/ 12.32 New York/ 01.32 (+ 1 day) Tokyo

Company hires and sector developments

CRE appointments

Arbor Realty Trust has appointed Danny van der Reis as evp, structured asset management, reporting to Arbor president and ceo Ivan Kaufman. In this newly developed role, van der Reis will be responsible for managing the structured asset management department and loan restructurings for all of Arbor's balance sheet loans, as well as strategically developing and expanding the company's special servicing function. He comes to Arbor with more than 20 years of commercial real estate finance experience and previously worked for LNR, where he was responsible for the restructuring of complex CMBS loans and the processing and resolution of all performing loan consent matters, including underwriting and structuring of sale and assumption transactions. He was also involved in underwriting thousands of loans included in CMBS as part of B-piece investments.

The Carlton Group has added Lino DiLascio as md in its New York City office, reporting to Carlton ceo Michael Campbell. DiLascio has more than 30 years’ experience in real estate finance and was previously md of Tremont Realty Capital and a principal at Johnson Capital’s New York office.

Warehouse closed

Venn Partners has closed a €550m warehouse funding line for prime Dutch residential mortgages originated by the Venn Hypotheken platform. The warehouse line is provided by two investment banks, which were selected following the receipt of competitive terms from several European, UK and Japanese banks. The deal is the fifth warehouse line for Venn’s Dutch residential mortgage business, bringing the aggregate amount of warehouse funding to €2.5bn since inception in 2013. Additionally, the business recently extended an existing whole loan forward flow mandate from a BeNeLux institution to €165m and expects to further increase this mandate over the next six months. Venn has also received several reverse enquiries from whole loan investors to acquire existing portfolios managed by the group. 

 


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