Alternative investment firm Invictus Capital Partners has announced it's starting a commercial real estate credit division. The Washington, DC-based firm has hired Ricardo Koenigsberger and Kenneth Witkin as senior managing directors and co-presidents to build and manage the commercial real estate credit arm, called Invictus Commercial Real Estate Finance.
The move will broaden Invictus' real estate debt investments beyond residential mortgages, said the firm's CEO, Michael Warden. "Since our inception, we've had a primary focus on the residential mortgage world and felt now was the opportune time to make a concentrated effort to expand our participation in the commercial real estate space," Warden said.
Invictus Commercial Real Estate Finance will cover the full range of commercial real estate debt investments, including the secondary market for whole loans and bonds, and direct commercial mortgage lending.
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Meredith Hobbs
Meredith Hobbs writes about the Atlanta legal community and the business of law. Contact her at [email protected] or 404.419.2837. On Twitter: @MeredithHobbs.
