Katz Leaves Meridian, Forms CastleRock Mortgage

LOS ANGELES-Alex Katz has left Meridian Capital Group, where he was a managing director, to form CastleRock Mortgage, a nationwide correspondent lending and advisory firm. CastleRock has already established offices in Southern California, New Jersey and Israel, focusing on the entire capital stack for US commercial real estate investors worldwide. 

CastleRock has developed proprietary correspondent relationships with a number of commercial real estate capital providers, including balance sheet financial institutions, commercial banks, CMBS lenders and insurance companies. Those correspondent relationships enable CastleRock to provide its clients a greater degree of certainty in execution, while providing competitive pricing and more direct access to premier financial institutions, according to a prepared statement.