Alternative investment firmInvictus Capital Partners has announced it's starting a commercialreal estate credit division. The Washington, DC-based firm hashired Ricardo Koenigsberger and Kenneth Witkin as senior managingdirectors and co-presidents to build and manage the commercial realestate credit arm, called Invictus Commercial Real EstateFinance.
The move will broaden Invictus'real estate debt investments beyond residential mortgages, said thefirm's CEO, Michael Warden. "Since our inception, we've had aprimary focus on the residential mortgage world and felt now wasthe opportune time to make a concentrated effort to expand ourparticipation in the commercial real estate space," Wardensaid.
Invictus Commercial Real Estate Finance will cover the fullrange of commercial real estate debt investments, including thesecondary market for whole loans and bonds, and direct commercialmortgage lending.
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Meredith Hobbs
Meredith Hobbs writes about the Atlanta legal community and the business of law. Contact her at [email protected] or 404.419.2837. On Twitter: @MeredithHobbs.
