Joseph Iacono and Nik Chillar of Crescit Capital Strategies Speak at Commercial Real Estate Finance Summit – West
On Tuesday May 8th and Wednesday May 9th, Crescit Capital Strategies principals Joseph Iacono and Nik Chillar participated in the Commercial Real Estate Finance Summit – West, organized by the CRE Finance Council (CREFC).
Held at the Fairmont Miramar Hotel in Santa Monica, CA, the two-day event explored the current state of commercial real estate finance, with a focus on the West Coast. The industry’s leading investors, lenders and brokers participated in panels and sessions discussing CRE debt and markets across the funding spectrum from balance sheet and CMBS to non-bank private lenders.
“The involvement of Crescit Capital Strategies executives in this event speaks to the firm’s role as a leading commercial real estate financing platform with experience in both real estate credit analysis and capital markets,” said Joseph Iacono, Chief Executive Officer and Managing Partner of Crescit Capital Strategies. “Each panel analyzed important topics among industry peers and offered insight to address challenges and opportunities for investors and borrowers navigating this investment cycle.”
Nik Chillar, who served as a co-chair for the event, moderated the “Changes in the Real Estate Landscape” panel on Tuesday May 8th. The panel explored topics including: the Treasury’s effects on cap rates, stock market volatility, cross border flows, the new tax law, lending and infrastructure investing.
On May 9th, Joseph Iacono served as a panelist on the, “CRE CLOs 2.0 – Everything You Wanted to Know” panel. Moderated by Stuart Goldstein of Cadwalader, Wickersham & Taft LLP, the discussion delved into topics including: primary motivations for executing a CRE CLO, bond buying, new issuer tasks and roadblocks, comparisons between CRE CLOs and CMBS, active vs. static transactions, investor considerations and relative value.
The event was organized by CREFC, the trade association for the $3.9 trillion commercial real estate finance industry. More than 300 companies and 9,000 individuals are members of CREFC. Crescit Capital Strategies is a CREFC member firm, joined by balance sheet and securitized lenders, loan and bond investors, private equity firms, servicers and rating agencies, among others.
Members of the Crescit Capital Strategies leadership team are actively involved in multiple professional organizations in addition to the Commercial Real Estate Finance Council, including the Mortgage Bankers Association, New York Institute of Finance and other CRE and CRE finance-related organizations.