IRVINE, CA—Opus Bank has formed a commercialreal estate capital markets division, which will provide investorclients with greater access to long-term fixed-rate debt financingby leveraging Opus' access to the capital markets.

The bank says the new division will augment its existingportfolio lending capabilities. Opus also announced thatNik Chillar has joined as managing director andJeff Truong has joined as director of the newcommercial real estate capital markets division.

“We are excited to announce the formation of our commercial realestate capital markets division. Opus is already one of the leadingoriginators of multifamily and commercial real estate loans on theWest Coast with very strong and experienced bankers known forconsistently backing our clients as we lend for our portfolio andbalance sheet,” Stephen Gordon, founding chairman,CEO, and president of Opus, said. “With Opus having organicallyoriginated for its portfolio $2.4 billion of loans secured bymultifamily residential and commercial real estate, the new capitalmarkets team will leverage Opus' significant market presence,distribution, and expertise to provide our clients greater accessto a more diverse range of financing options including rates,terms, and loan sizes, across a wide range of commercial realestate property types.”