LOS ANGELES—Transwestern has added a Structured Finance group to its Los Angeles office, part of a broad strategy to enhance its Management Services, Investment Sales and Development business lines. Heading up the firm’s new Los Angeles Structured Finance group are Steven Orchard and Michelle Lee. The team will originate commercial real estate financing engagements, underwrite assets and portfolios, consult on market risk-pricing dynamics, structure debt and equity solutions, match clients with funding sources, oversee due diligence, and assure reliable capital availability for Transwestern’s local, national and international clients.
“We are thrilled to offer this new client service in Los Angeles, to be led by two terrifically talented individuals,” said George Garfield, president of Transwestern’s West Region. “With the addition of the Structured Finance and Capital Markets team, Transwestern adds yet another dimension to our value proposition, allowing us to even better serve our clients while actively building our West Coast institutional service lines, development and re-development capabilities.”
“I’m really excited about this new platform,” said Orchard, who prior to joining Transwestern arranged some $2.2 billion in debt and equity financing at George Smith Partners.
Orchard originally worked for Peak Capital, a private equity merchant bank. He handles all product types, with an emphasis on office, retail, multifamily and healthcare.
.Lee also joins Transwestern from George Smith Partners. She brings nearly 14 years of originations and underwriting experience having closed $3.5 billion of real estate finance transactions, including office, industrial, retail, multifamily, hospitality and senior housing. She was previously a senior credit underwriter for GMAC and Countrywide Commercial Mortgage.