When Will Distressed Assets Dry Up?
NAPLES, FL—In part two of this exclusive interview, Colliers' Jim Garinger tells GlobeSt.com's Jennifer LeClaire where the distressed asset investment opportunities are in Southwest Florida.
About Our Columnist
Jeff Friedman co-founded Mesa West Capital and is involved in all areas of the company. With offices in Los Angeles and New York, Mesa West is a real estate finance company with over $2 billion in lending capacity. Mesa West primarily provides non-recourse first mortgage loans for high quality institutional real estate properties throughout the United States. The portfolio includes all major property types with loan sizes from $15 million to $150 million.
As an institutionally funded portfolio lender, Mesa West has great structuring flexibility and can provide certainty of execution for its borrowers. The investment and due diligence process is extremely streamlined allowing Mesa West to perform under tight time constraints.
Prior to co-founding Mesa West, Jeff was a principal at Maguire Partners and worked directly with the founder, Rob Maguire, to engineer a recapitalization of the company’s properties and eventual $800 million IPO of the company. Jeff began his real estate finance career in New York at Nomura Securities in 1994 and later moved to Credit Suisse First Boston in 1996 where he was a director and led one of the largest origination teams. Jeff began his career as a corporate lawyer in Tokyo, Japan at an affiliate of Sidley & Austin and later in New York at Simpson Thacher & Bartlett. Jeff received his B.A. from UCLA and a J.D. and M.A. in Applied Economics from the University of Michigan.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.
- Market Rebound Transforming RE Auctions
- Investors Prefer Flipping Over Renting
- Underwater Properties Down, Decrease From Peak
- NAIOP Chair’s View: ‘Aggressive Optimism’
- Delia’s Retains A&G to Liquidate Hanover, PA DC and Store Leases
- Naples’ Most Dramatic Turnaround Story
- Foreclosure Starts Increase to 17-Month High
- AC Residential Development Bill Advances