The spokesperson adds that A10 specializes in alternative funding for situations that today’s conventional lenders typically avoid, such as lower-than-market occupancy, a lease-up situation or a turnaround situation, and it prefers loan sizes ranging from $1 million to $10 million secured by real estate consisting primarily of office, retail, industrial and multifamily properties.

Dunn contends that what differentiates A10 competitively is its focus on this size of commercial-mortgage loans, its willingness to finance unstabilized properties on a non-recourse basis and the certainty of timely funding. He tells GlobeSt.com that A10 is filling a gigantic void that’s been created by the banking system.

“With the significant headwinds in the banking system and the regulatory environment forcing banks to dramatically reduce their commercial real estate exposure, we see a tremendous need for A10’s product,” says Craig Kahler, a principal at H.I.G.

H.I.G. is pleased to partner with Dunn and his team, according to Bret Wiener, a managing director at H.I.G. “The team has tremendous experience, from loan origination and underwriting through to exceptional loan servicing and is well positioned to service the needs of its borrowers.”

GlobeSt.com has reported several times in the last 16 months on A10 Capital’s growth. In December 2011, the firm hired Chuck Taylor to head up Southeast markets; in January 2011, the company hired Kyle Knox to head up Northwest markets; and in December 2010, the firm hired John Neff to head up Northern and Central California and Michael Singh to lead Southern California markets.