Lucent Capital Forms, Carlton Group Expands

[IMGCAP(2)]Lucent Capital's executives are long-time partners who have worked with many of the nation's top owners, investors and developers to arrange and structure debt and equity financing for commercial real estate. Emrani cites the firm's capabilities in both asset-level and entity-level investments, noting that it maintains access to traditional and non-traditional capital across the globe to finance transactions in the US and Mexico.

[IMGCAP(3)]Lucent also manages loan sales on behalf of a variety of institutional owners including banks, pension funds, insurance companies and investment banks, Yazdani points out. The company maintains a database of qualified investors to market loan sale opportunities, he says, and Ronen notes that Lucent―which has affiliate offices in Mexico City and London, is expanding its network to select US and international markets as well as evaluating affiliate relationships in Orlando, Tel Aviv and Hong Kong.

[IMGCAP(4)]At the Carlton Group, Powers will lead the New York City-based firm's L.A. office. He most recently led York Capital Management's West Coast office in identifying, evaluating and bidding on distressed real estate debt and equity. Before joining York, he was a senior vice president and manager of the commercial real estate Lending group at Security Pacific Bank in Los Angeles, where he played a leading role in the origination, processing, underwriting, closing and servicing areas.

Wilson has over 11 years of real estate investment banking experience in public and private debt and equity transactions. Before joining Carlton, he was a vice president with FBR Capital Markets and was responsible for the development, integration, and execution of the private equity and advisory platform within the real estate investment banking group. He also brings expertise from his years at institutions such as Raymond James, Cohen and Steers Capital Advisors and Prudential Securities.

Foon has over 20 years of real estate finance experience and most recently was a senior executive at East West Bank. Since then he has worked at the senior executive level for a number of financial companies. Most recently, he was a senior vice president at Los Angeles based Pathfinder Mortgage.

Weinert is a finance, capital markets and distressed debt expert who has worked at UBS, JP Morgan and Emigrant Bank. Most recently, he was a principal at the Fulcrum Group. Foon has extensive relationships with many major financial institutions in Western United States and has very strong ties with the various Chinese American banks based in California.

Carlton Advisory Services Inc. is an international real estate investment banking firm providing commercial and residential loan sales, debt and equity placement and merchant banking. Carlton also specializes in arranging passive, promotable equity for real estate and real estate-related fund vehicles for many of its clients.