Feb
28
World Class Forms Commercial Mortgage-Lending Operation
ByThe new platform will originate senior mortgages, mezzanine loans and preferred equity on a fixed-rate and floating-rate basis.
Austin, Texas—World Class Capital Group has launched World Class Mortgage Capital, the firm’s commercial mortgage lending business.
“Given the changing regulatory environment, large banks continue to deleverage and reduce commercial real estate risk, creating a need for alternative lending solutions,” Sheena Paul, World Class Capital Group’s chief operating officer, told Commercial Property Executive. “This is the driving force behind the launch of World Class Mortgage Capital.”
World Class Mortgage Capital will originate senior mortgages, mezzanine loans and preferred equity on a fixed-rate and floating-rate basis…
