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Alternative Lenders and High Yield Investors Forum

This Forum provides alternative lenders and high yield investors in CRE debt and equity a formal voice in CREFC. Such high yield opportunities may include bridge and mezzanine loans, preferred equity, and special/distressed situations. Members will include lenders and investors (e.g., debt funds, public/private mortgage REITs, money managers, separately managed accounts, and other public or private entities). (formerly the HYDRA Forum).
Chair: Samir Tejpaul, Madison Realty Capital

Chair-Elect: Samantha Rotchford, BDT & MSD Partners, L. P.
Chair-Elect 2026: Rachel Hunter-Goldman, KKR Kohlberg Kravis Roberts

Overview of Forum Procedures and Process   (members only)

View the Alternative Lenders and High Yield Investors Forum Roster (members only)

Sign up for the Alternative Lenders and High Yield Investors Forum  

(members only)


Contact Rohit Narayanan for Alternative Lenders and High Yield Investors Forum related questions.

Forum Related News

News

Forum Spotlight: Alternative Lenders and High Yield Investors

January 7, 2025

Samir Tejpaul (Chair), Samantha Rotchford (Chair-Elect) and Rachel Hunter-Goldman (Chair Elect) make up the Leadership Working Group for CREFC’s Alternative Lenders and High Yield Investors Forum. This working group sets agendas and priorities for the Forum and represents their constituencies on CREFC’s Policy Committee.

Why it matters: Each industry Forum addresses issues critical to their business sector and works to achieve solutions that serve a common purpose.

CREFC works closely with Forum leaders and members to:

  • Ensure all voices are heard,
  • Assist in finding consensus amidst disparate and converging views,
  • Share those views when appropriate with regulators and legislators, utilizing CREFC’s experienced Government Relations Team and our CEO Lisa Pendergast,
  • Develop new best practices and monitor old ones.

What they’re saying: There have been significant opportunities for high yield investors and alternative lending platforms, including bridge and mezzanine loans, preferred equity, and special/distressed situations.

By the numbers: Market trends that impacted this constituency last year include:

  • Floating rate coupons tightened ~160 basis points due to:
    • Spread compression of 50-75 basis points (depending on property type and quality)
    • One-month SOFR rate falling nearly 80 basis points
    • Participants expect further spread tightening amidst heightened investment-sales activity.
  • “De-bankification” accelerated in 2024 as bank balance sheet lenders remained on the sidelines:
    • Banks provided fewer direct loans and focused more on structured finance (repo / note-on-note / participations / syndications) due to better capital treatment.
    • For now, direct lending in the bank market is not expected to return to pre-COVID levels.
    • As long as that dynamic persists, alternative lenders will continue to gain market share.
  • The construction financing pipeline has slowed materially as buyers and sellers of land re-assess yield-on-cost (YoC) requirements to attract LP capital.
    • Student housing and data centers have filled the void, while industrial and multifamily development has slowed.
  • The bridge lending pipeline improved moderately with several construction loans originated between 2020-2023 nearing completion and requiring bridge financing for take-out.
    • Existing borrowers of bridge financing returned to the marketplace to source “bridge-to-bridge” financing vs. taking on fixed-rate debt as they awaited Fed rate cuts, the results of the presidential election, and any new policies from the incoming administration.
    • Competition in the “lower-yielding” and “lighter-transition” bridge space is robust, further driving down spreads going into 2025.

What’s Next?

  • Forum leaders will present an update on their Forum at the upcoming CREFC conference in Miami.
  • Planning is in full swing for CREFC’s High Yield, Distressed Assets & Servicing Conference on March 4, in New York.
  • Soon after, the chairs will seek nominations for the next Chair-Elect to join their leadership slate.

To join the Alternative Lenders and High Yield Investors Forum, please register here.

Contact Rohit Narayanan (RNarayanan@crefc.org) for Forum-related questions.

Contact 

Rohit Narayanan
Managing Director, Industry Initiatives
646.884.7569

Alternate Lenders and High Yield Investors Forum Leadership

Winter 2025

The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2025 CRE Finance Council. All rights reserved.
Forum Spotlight: Alternative Lenders and High Yield Investors
January 7, 2025
Samir Tejpaul (Chair), Samantha Rotchford (Chair-Elect) and Rachel Hunter-Goldman (Chair Elect) make up the Leadership Working Group for CREFC’s Alternative Lenders and High Yield Investors Forum.

News

The CRE Finance Council Announces New Chairs for Industry Forums

June 11, 2024

New Chairs and Chair-Elects Introduced at Annual June Conference


NEW YORK, June 11, 2024 –
The CRE Finance Council (CREFC) announced today new Chairs for the 2024-2025 industry Forums. The new Forum leadership was introduced at CREFC’s Annual June Conference in New York City.

CREFC’s Forums represent specific market constituencies that drive the U.S. commercial real estate finance industry. Forums include:

  • Alternative Lenders and High Yield Investors
  • B-Piece Investors
  • GSE/Multifamily Lenders
  • Investment-Grade Bondholders
  • Issuers
  • Portfolio Lenders
  • Servicers

Each of these Forums interacts and addresses issues critical to their business sector and works to achieve solutions that serve a common purpose. CREFC’s Forums manage disparate and converging market views, advocate a consensus of positions to policymakers and lawmakers, educate members, develop market best practices and standards, and work toward the betterment of the entire commercial real estate finance market.

The Incoming slate of Forum leaders includes:

Alternative Lenders & High Yield Investors. CREFC welcomes Rachel Hunter-Goldman (KKR) as Chair-Elect, Samantha Rotchford (MSD) as Chair, and Samir Tejpaul (Square Mile Capital Investments) as Past Chair.

B-Piece Investors: CREFC welcomes Frank Yin (KKR) as Chair-Elect, Peter Lindner (Rialto) as Chair, and Jason Nick (LNR) as Past Chair. In 2023-2024, Lyndsay Stephenson (Prime Finance Partners) served as Past Chair.

GSE/Multifamily Lenders: CREFC welcomes David Haynes (CBRE) as Chair-Elect, Ahmed Hasan (Capital One) as Chair, and Kate Whalen (BMO) as Past Chair. In 2023-2024, the Past Chair was Emily Schultz (Berkadia Commercial Mortgage). Alonzo White (Fannie Mae) and Jason Griest (Freddie Mac) serve as government-sponsored enterprise representatives.

Investment-Grade Bondholders: CREFC welcomes Adam Smith (DWS) as Chair-Elect, Rajesh Bansal (Quiq Capital) as Chair, and Richard Razza (Webster Bank) as Past Chair. In 2023-2024, Jane Rivers (T. Rowe Price) served as Past Chair.

Issuers: CREFC welcomes Shaishav Agarwal (Deutsche Bank) as Chair-Elect, Brigid Mattingly (Wells Fargo) as Chair, and Jane Lam (Morgan Stanley) as Past Chair. In 2023-2024, David Schell (BMO Capital Markets) served as Past Chair.

Portfolio Lenders – Banks: CREFC welcomes Kristin Khanna (Barclays) as Chair-Elect, Rob Grudzinski (U.S. Bank) as Chair, and Scott Dixon (Truist) as Past Chair. In 2023-2024, Jonathan Salzinger (Bank of America) served as Past Chair.

Portfolio Lenders – Insurance Company: CREFC welcomes Melissa Farrell (PGIM) as Chair-Elect, Kevin Pivnick (Blackstone) as Chair, and Chris Miculis (Nuveen) as Past Chair. In 2023-2024, Stefanie Stewart (Voya Investment Management) served as Past Chair.

Servicers – Servicing Administration: CREFC welcomes Dana Jo Martino (Berkadia) as Chair-Elect, Adam Fox (Fitch Ratings) as Chair, and Leslie Hayton (Wells Fargo) as Past Chair. In 2023-2024, Stacy Ackermann (K&L Gates) served as Past Chair.

Servicers – Special Situations: CREFC welcomes Alex Killick (CWCapital) as Chair-Elect, Pam Dent (Freddie Mac) as Chair, and Tony Yousif (SVN) as Past Chair. In 2023-2024, Andrea Helm (Midland Loan Services) served as Past Chair.


“We want to welcome the new members of our CREFC industry Forums and thank existing and past Forum members for their dedication and excellent work,” said Lisa Pendergast, Executive Director of CREFC.


“For 30 years, CREFC has served as the voice of the now $6 trillion commercial real estate finance industry and CREFC’s industry Forums continue to play a key role in ensuring all industry voices are heard and respected. CREFC’s Forums serve a vital industry function, as they represent key components of the CRE finance markets. A core function of Forum leaders is to work toward consensus among their constituents and then advocate those positions to other market segments and to policy and lawmakers. Forum leaders are also charged with assisting the development of industry best practices and implementing new initiatives critical to their business sectors. I and the entire CREFC community are grateful for our Forum leaders and their contributions and dedication to CRE finance.” 

Contact:

Aleksandrs Rozens

arozens@crefc.org

646-884-7567

Contact 

Aleksandrs Rozens
Senior Director, Communications

The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2023 CRE Finance Council. All rights reserved.
The CRE Finance Council Announces New Chairs for Industry Forums
June 11, 2024
The CRE Finance Council (CREFC) announced today new Chairs for the 2024-2025 industry Forums.

News

The CRE Finance Council Announces New Chairs for Industry Forums

June 11, 2024

New Chairs and Chair-Elects Introduced at Annual June Conference

The CRE Finance Council (CREFC) announced today new Chairs for the 2024-2025 industry Forums. The new Forum leadership was introduced at CREFC’s Annual June Conference in New York City.

CREFC’s Forums represent specific market constituencies that drive the U.S. commercial real estate finance industry. Forums include:

  • Alternative Lenders and High Yield Investors
  • B-Piece Investors
  • GSE/Multifamily Lenders
  • Investment-Grade Bondholders
  • Issuers
  • Portfolio Lenders
  • Servicers


Each of these Forums interacts and addresses issues critical to their business sector and works to achieve solutions that serve a common purpose. CREFC’s Forums manage disparate and converging market views, advocate a consensus of positions to policymakers and lawmakers, educate members, develop market best practices and standards, and work toward the betterment of the entire commercial real estate finance market.

The Incoming slate of Forum leaders includes:

Alternative Lenders & High Yield Investors: CREFC welcomes Rachel Hunter-Goldman (KKR) as Chair-Elect, Samantha Rotchford (MSD) as Chair, and Samir Tejpaul (Square Mile Capital Investments) as Past Chair.

B-Piece Investors: CREFC welcomes Frank Yin (KKR) as Chair-Elect, Peter Lindner (Rialto) as Chair, and Jason Nick (LNR) as Past Chair. In 2023-2024, Lyndsay Stephenson (Prime Finance Partners) served as Past Chair.

GSE/Multifamily Lenders: CREFC welcomes David Haynes (CBRE) as Chair-Elect, Ahmed Hasan (Capital One) as Chair, and Kate Whalen (BMO) as Past Chair. In 2023-2024, the Past Chair was Emily Schultz (Berkadia Commercial Mortgage). Alonzo White (Fannie Mae) and Jason Griest (Freddie Mac) serve as government-sponsored enterprise representatives.

Investment-Grade Bondholders: CREFC welcomes Adam Smith (DWS) as Chair-Elect, Rajesh Bansal (Quiq Capital) as Chair, and Richard Razza (Webster Bank) as Past Chair. In 2023-2024, Jane Rivers (T. Rowe Price) served as Past Chair.

Issuers: CREFC welcomes Shaishav Agarwal (Deutsche Bank) as Chair-Elect, Brigid Mattingly (Wells Fargo) as Chair, and Jane Lam (Morgan Stanley) as Past Chair. In 2023-2024, David Schell (BMO Capital Markets) served as Past Chair.

Portfolio Lenders – Banks: CREFC welcomes Kristin Khanna (Barclays) as Chair-Elect, Rob Grudzinski (U.S. Bank) as Chair, and Scott Dixon (Truist) as Past Chair. In 2023-2024, Jonathan Salzinger (Bank of America) served as Past Chair.

Portfolio Lenders – Insurance Company: CREFC welcomes Melissa Farrell (PGIM) as Chair-Elect, Kevin Pivnick (Blackstone) as Chair, and Chris Miculis (Nuveen) as Past Chair. In 2023-2024, Stefanie Stewart (Voya Investment Management) served as Past Chair.

Servicers – Servicing Administration: CREFC welcomes Dana Jo Martino (Berkadia) as Chair-Elect, Adam Fox (Fitch Ratings) as Chair, and Leslie Hayton (Wells Fargo) as Past Chair. In 2023-2024, Stacy Ackermann (K&L Gates) served as Past Chair.

Servicers – Special Situations: CREFC welcomes Alex Killick (CWCapital) as Chair-Elect, Pam Dent (Freddie Mac) as Chair, and Tony Yousif (SVN) as Past Chair. In 2023-2024, Andrea Helm (Midland Loan Services) served as Past Chair.


“We want to welcome the new members of our CREFC industry Forums and thank existing and past Forum members for their dedication and excellent work,” said Lisa Pendergast, Executive Director of CREFC.

“For 30 years, CREFC has served as the voice of the now $6 trillion commercial real estate finance industry and CREFC’s industry Forums continue to play a key role in ensuring all industry voices are heard and respected. CREFC’s Forums serve a vital industry function, as they represent key components of the CRE finance markets. A core function of Forum leaders is to work toward consensus among their constituents and then advocate those positions to other market segments and to policy and lawmakers. Forum leaders are also charged with assisting the development of industry best practices and implementing new initiatives critical to their business sectors. I and the entire CREFC community are grateful for our Forum leaders and their contributions and dedication to CRE finance.”

 

Contact 

Aleksandrs Rozens
Senior Director, Communications

The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2023 CRE Finance Council. All rights reserved.
The CRE Finance Council Announces New Chairs for Industry Forums
June 11, 2024
The CRE Finance Council (CREFC) announced today new Chairs for the 2024-2025 industry Forums. The new Forum leadership was introduced at CREFC’s Annual June Conference in New York City.

News

Forum Spotlight: Alternative Lenders and High Yield Investors

December 18, 2023

Together, Samir, Samantha and Thanh form the “Leadership Working Group” for CREFC’s Alternative Lenders and High Yield Investors Forum. Importantly this group sets the agendas and priorities for the Forum, as well as represents their constituencies on CREFC’s Policy Committee.

Why it matters: Each of the Forums interacts and addresses issues critical to their business sector and works to achieve solutions that serve a common purpose. CREFC works closely with Forum leaders and members to:

  • Ensure all voices are heard,
  • Assist in finding consensus amidst disparate and converging views,
  • Share those views when appropriate with regulators and legislators, utilizing CREFC’s experienced Government Relations Team,
  • Develop new best practices and monitor old ones.

What they’re saying: There has been significant growth in high yield investors and alternative lending platforms, including lenders for bridge and mezzanine loans, preferred equity, and special/distressed situations, who represent private debt vehicles, public/private mortgage REITs, money managers, and other public or private entities.

As these providers of debt capital continue to navigate unpredictable capital markets, the Forum is focused on the following key areas:

  • The role of alternative lenders in a capital constrained market,
  • Interest rate volatility and its impact on high yield and alternative lenders,
  • Capital raising and flow of funds in the context of the macro environment and negative real estate headlines.

Key Policy Issue:

  • Basel Endgame Capital Proposal: The federal banking regulators have proposed raising capital requirements on banks with $100 billion in assets and above.
  • The complex proposal could have impacts on competitors and warehouse lines.
  • CREFC is working on a comment letter ahead of the January 2025 deadline.

What’s Next?

  • Forum leaders will present an update on their Forum at the Annual January Conference in Miami.
  • Planning is in full swing for CREFC’s High Yield, Distressed Assets & Servicing Conference on March 6-7 in New York.
  • Soon after, the chairs will seek nominations for the next Chair-Elect to join their leadership slate.

To join the Alternative Lenders and High Yield Investors Forum, please register here. For any forum related questions, please contact Kathleen Olin.

Contact  

Lisa Pendergast
Executive Director
646.884.7570
lpendergast@crefc.org

Raj Aidasani
Managing Director, Research
646.884.7566
raidasani@crefc.org

Alternative Lenders- 2023 - CREFC Forums Spotlight
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2023 CRE Finance Council. All rights reserved.
Forum Spotlight: Alternative Lenders and High Yield Investors
December 18, 2023
Together, Samir, Samantha and Thanh form the “Leadership Working Group” for CREFC’s Alternative Lenders and High Yield Investors Forum.

News

New CREFC Forums

January 9, 2023

In December, CREFC announced changes to its industry sector forums. These forums will debut on Monday, January 9th at the CREFC’s January Conference.

Why it matters:

  • A new High Yield Investments/Alternative Lending Forum serves debt funds and others that comprise private lenders and investors in commercial real estate debt (whole loans, mezzanine loans, preferred equity, and sub-performing/non-performing loans).
  • An expanded Servicers Forum aligns CREFC members focused on special assets and special situations.

The Alternative Lenders and High Yield Investors Forum will focus on the needs of this growing and important source of market liquidity. Alternative lenders now represent 15% to 20% of annual CRE lending activity.

Membership in this forum will include Alternative lenders and High yield investors in the CRE debt and equity space:*

  • Lenders and investors include debt funds, public/private mortgage REITs, money managers, separately managed accounts (SMAs), and other public or private entities.
  • Investments include bridge and mezzanine loans, preferred equity, and special/distressed situation opportunities.
  • Third-party service providers and business partners who work closely with such lenders and investors.

Updated Servicers Forum

The HYDRA transformation shifts the Distressed Realty Assets (DRA) portion of HYDRA to the Servicers Forum. CREFC realigned the Servicers Forum to include two main focus areas:

  • Servicing Administration
  • Special Situations/Special Assets

The newly cast Servicers Forum represents market participants with separate leadership teams in the servicing of performing asset and non-performing/distressed assets, and include primary servicers and the GSEs.

The combined and expanded Forum creates a collaborative environment to focus on all servicing and trust administration issues within a single forum, while recognizing the diverse issues associated with servicing performing and non-performing loans.

CREFC Member Action Required: 

  • Forum sessions at the January Conference will incorporate the new Alternative Lenders and High Yield Investors Forum, as well as the newly expanded Servicers Forum.
  • Conference attendees will be asked at registration to make new forum selections based on their role in the industry and on which forums are of most interest to the member.
  • Members not attending the conference can click here to sign up for a forum.

For any forum related questions, please reach out to either Lisa Pendergast or Kathleen Olin.

 * Does not include (is not intended to replace) lenders/investors that are served by the Investment-Grade Bondholders, B-Piece Investors, Portfolio Lenders-Bank, Portfolio Lenders-Insurance Company, or Issuer forums

Contact

Lisa Pendergast
Executive Director
646.884.7570
lpendergast@crefc.org
 
Kathleen Olin
Managing Director, Industry Initiatives
202.448.0863
kolin@crefc.org

Photograph: Valery Tenevoy / https://plagness.com / March 13, 2021 / Forum of Independent Deputies "Municipal Russia"

CREFC is expanding its Forums to better align industry interests.

The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2021 CRE Finance Council. All rights reserved.
New CREFC Forums
January 9, 2023
In December, CREFC announced changes to its industry sector forums. These forums will debut on Monday, January 9th at the CREFC’s January Conference.

News

CREFC Introduces New Forums: CREFC Recasts HYDRA Forum to More Accurately Reflect Market Shifts and Developments

December 6, 2022. 

Seeking ways to best serve our over 18,000+ members, CREFC has been hard at work to position its forums to serve the growing needs of its membership. This includes addressing the significant growth in alternative lending platforms, particularly debt funds. These funds comprise lenders and investors in commercial real estate debt, including whole loans, mezzanine loans, preferred equity, and sub-performing and non-performing loans. Alternative lenders now represent 15% to 20% of annual CRE lending activity.

Over the years, content for the existing High Yield and Distressed Realty Assets (HYDRA) Forum has become divergent into near separate discussions that relate to either alternative lending/investing or distressed asset management and special servicing. This divergence has made it challenging to optimally serve the varying needs of existing HYDRA members. With this understanding, CREFC and HYDRA leadership/members undertook a thorough review of HYDRA’s membership and determined it would be best to reassemble the current HYDRA forum and guide its members to either:

  • An Expanded Servicers Forum that more fully incorporates special assets/special situations or
  • A new High Yield Investments/Alternative Lending Forum

Introducing the Alternative Lenders and High Yield Investors Forum

CREFC and the Board of Governors believe that launching a new and separate forum – the Alternative Lenders and High Yield Investors Forum – will provide a more befitting platform that better serves the needs of this growing and important source of market liquidity.

This new Forum will:

  • Afford this CREFC member segment a clear, formal voice in CREFC,
  • Allow CREFC to better navigate the rollout and ongoing development of a Debt Fund Index (a joint project between NCREIF and CREFC), and
  • Provide members with a stronger voice with regulators and legislators on Capitol Hill.

Membership in this forum will include alternative lenders and high yield investors in the CRE debt and equity space*, and may include bridge and mezzanine loans, preferred equity, and special/distressed situations. Lenders and investors include debt funds (open or closed), public/private mortgage REITs, money managers, separately managed accounts (SMA), and other public or private entities. The forum would also include those third-party service providers and business partners who work closely with such lenders and investors. Importantly, this forum would be instrumental in the development and ongoing maintenance of the CREFC/NCREIF Open-End Debt Fund Index, with the goal of increasing transparency and liquidity in this important sector of the market.

Introducing the New Servicers Forum
A companion component of the HYDRA transformation is shifting the DRA portion of HYDRA to the Servicers Forum. Today, the Servicers Forum focuses on master servicing and special servicing (issues related to distressed or nonperforming loans/assets). Consolidating the constituents and discussion of relevant DRA issues into the Servicers Forum will enable increased focus on these important and timely issues.

CREFC, its Executive Committee, and Board of Governors believe that repositioning the DRA portion of the HYDRA Forum and adding it to the existing Servicers Forum will create better alignment within the servicing sector and allow for better synergies between performing and distressed loans/assets.

With this in mind, CREFC plans to realign the Servicers Forum to include two main focus areas:

  • Servicing Administration
  • Special Situations/Special Assets

Both constituents within the Servicers Forum will have separate leadership teams that will not only work within their respective components of the servicing business, but also interact with each other on a regular basis to present a 360-degree view of and insights related to the current state of their respective businesses. Note that both the current leadership within the Servicers Forum and the Distressed Realty Assets sub-forum of HYDRA will remain in place.

The newly cast Servicers Forum will represent market participants in the servicing of performing asset and non-performing/distressed assets, and include primary servicers and the GSEs. The combined and expanded Forum will create a collaborative environment to focus on all servicing and trust administration issues within a single forum, while recognizing the diverse issues associated with servicing performing loans and non-performing loans.

CREFC Member Action Required

CREFC members of both the current HYDRA and Servicers Forums will receive an email request to make new forum selections based on their role in the industry and the descriptions of the forums as presented above.

Forum sessions at the January Conference will incorporate the new Alternative Lenders and High Yield Investors Forum, as well as the newly expanded Servicers Forum. To sign up for a forum, please click here. For any forum related questions, please reach out to either Lisa Pendergast or Kathleen Olin.

* Does not include (is not intended to replace) lenders/investors that are served by the Investment-Grade Bondholders, B-Piece Investors, Portfolio Lenders-Bank, Portfolio Lenders-Insurance Company, or Issuer forums

Contact

Lisa Pendergast
Executive Director
646.884.7570
lpendergast@crefc.org

Kathleen Olin
Managing Director, Industry Initiatives
202.448.0863
kolin@crefc.org
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2021 CRE Finance Council. All rights reserved.
CREFC Introduces New Forums: Recasts HYDRA Forum to Reflect Market Shifts and Developments
December 6, 2022
Seeking ways to best serve our over 18,000+ members, CREFC has been hard at work to position its forums to serve the growing needs of its membership. This includes addressing the significant growth in alternative lending platforms, particularly debt

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