Stonehill Announces Strategic Leadership Additions to Expand Its Commercial Lending Business
4 min readATLANTA, May 18, 2022–(Business WIRE)–Stonehill, a direct loan company on industrial genuine estate, introduced the growth of its management team with four senior govt hires. Joining the organization are Daniel Siegel, Greg Koenig, Nisu Mehta and Taylor Pike. The addition of these leaders signifies a strategic action in Stonehill’s eyesight of expanding its commercial lending small business throughout all actual estate sectors.
“We are fortunate to have these four really attained field executives sign up for Stonehill at a time of solid expansion and momentum for our organization,” said Mat Crosswy, Stonehill’s president and a principal. “Their backgrounds closely align with Stonehill’s deep market encounter, ingenuity and get the job done ethic. We appear ahead to doing work carefully with them on critical strategic initiatives to improve our business authentic estate lending organization.”
Launched in 2013, Stonehill gives innovative financial methods for middle-current market firms. The principals of Stonehill have originated and structured roughly $5. billion in credit card debt. In addition, Stonehill was lately rated as the tenth-biggest U.S. professional true estate lodge lender by origination quantity primarily based on the 2021 House loan Bankers Affiliation mortgage origination rankings.
“Stonehill has earned an business-foremost reputation as an expert real estate lender equipped to originate and close intricate transactions in hospitality,” Siegel explained. “We are psyched for the chance to sign up for this purposeful corporation to develop upon their momentum to broaden their solution offerings.”
About New Leaders
“As our business continues to evolve as a greatest-in-course funds supplier for commercial real estate, it is paramount we continue to include expert or ideal-in-course group users,” Crosswy stated.
The new group has many years of actual estate practical experience across quite a few sides of the industry and spanning many small business cycles.
Siegel serves as the president of Stonehill’s industrial true estate lending group overseeing the group’s expansion into business serious estate lending. In advance of becoming a member of Stonehill, he was controlling director at a huge non-public fairness firm and the head of superior-produce investments. Prior to becoming a member of that organization, Siegel was vice president of acquisitions at Rialto Capital, overseeing the distressed personal loan acquisitions system. Throughout his tenure at Rialto, Siegel immediately oversaw the acquisition of industrial serious estate loans on the two domestic and worldwide opportunities. Also, he developed the firm’s small harmony financial loan acquisition system and led the company’s to start with European acquisition. Siegel has a bachelor’s degree in Finance from Tulane College.
Koenig is a senior vice president at Stonehill. Ahead of signing up for Stonehill, he was an govt director at a substantial personal equity organization, concentrating on debt originations in all asset lessons. Prior to that, Koenig was a senior vice president at Newport RE, a German-centered genuine estate expense business, concentrating on acquisitions and asset management for its U.S. portfolio. Earlier, he was a vice president at Rialto Capital, the place he aided underwrite and asset-take care of loan portfolios. In advance of joining Rialto, Koenig labored at TriMont True Estate Advisors facilitating financial loan exercises and maximizing returns on distressed assets. Koenig holds a bachelor’s diploma from the College of Connecticut, in which he majored in Actual Estate and Urban Economics.
Mehta is a senior vice president at Stonehill. Prior to becoming a member of Stonehill, he was an govt director at a big personal equity corporation, the place he was a senior originator and underwriter focusing on each debt and fairness investments in the Southeast U.S. Prior to that, Mehta was the director of investment management at Rialto Cash, wherever he oversaw the acquisitions of complete bank loan portfolios and discovered and aid underwrite equity investments in the Southeast U.S. Also, he was associated in aiding Rialto’s CMBS B-piece platform to become a single of the biggest members in the sector. He obtained a bachelor’s degree in Economics from the College 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 govt director at a massive private fairness business, in which he originated personal debt investments. Prior to that, Pike worked as an analyst at Rialto Funds, where his most important obligations integrated loan asset management and underwriting. He is a graduate of the Terry University of Business enterprise at the University of Ga, acquiring a bachelor’s in Finance and Economics.
About Stonehill
Stonehill principally focuses on funding long term loans, bridge financial loans, mezzanine financial loans, and chosen fairness investments. Since its founding in 2013, Stonehill and its associates have originated much more than $5. billion in initiatives trying to find funds to comprehensive acquisitions, recapitalizations, refinancing and renovations. For additional facts, please take a look at www.stonehillsc.com.
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