PHOENIX-1st Service Solutions has opened an office here and tapped Kevin Kopp lead it.

Kopp will serve as director of the office, which will focus on clients in Arizona, California, Colorado and Nevada. 1st Service Solutions assists commercial real estate borrowers with debt restructures, assumptions, defeasance, discounted payoffs and equity and debt solutions for non-performing loans. The firm is currently negotiating $4 billion in loans across the US.

Kopp and his partner Jeff Boyd decided to establish 1st Service Solutions Arizona after working with 1st Service Solutions and its founder and CEO Ann Hambly as clients. The duo have their own investment firm, North Coast Investors Group, which owns 11 shopping centers worth $150 million.

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