CHICAGO—Commercial real estate portfolio lender Mesa West Capital has just opened an office in Chicago under the direction of Matthew Snyder who has joined the firm from Wells Fargo's real estate capital markets group. This is the Los Angeles-based firm's third office, having previously opened a New York office in 2010.
Mesa West provides short-to-medium term first mortgage debt for the acquisition and refinancing of core and value add commercial real estate assets. Company officials say they decided to open a Chicago office due to their increasing lending activities in the Midwest and Denver, especially in the Chicago area.
Mesa West provided Sterling Bay with $220 million to refinance its 1KFulton project in the West Loop. The Chicago-based developer bought the former Fulton Market Cold Storage warehouse in 2012 and renovated it into a 535,000 square-foot office building that Google will soon use as its new regional headquarters.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
