Commercial real estate veterans from Avison Young, Greystone and KeyBank Real Estate Capital have unveiled TrueRate, an online debt placement marketplace.
TrueRate offers bridge lending, agency lending and other institutional debt sources, including life insurance companies. The venture is backed by Olive Tree Ventures, an affiliate of national multifamily property owner Olive Tree Holdings.
Dan Gorczycki, who has brokered over $3 billion in transactions over his two decades in commercial real estate finance and is a former senior member of Avison Young's debt and equity team, leads the venture.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
