Crescit’s Chillar Speaks at 18th Annual Trigild Lender Conference

October 26, 2018

 

On Thursday, October 18th, Crescit Capital Strategies’s Head of Banking Nik Chillar participated in the 18th Annual Trigild Lender Conference.

Held at the Hardrock Hotel in San Diego, the three-day program featured leaders in the commercial real estate industry who gathered to address the most pressing issues in commercial real estate debt. Year after year, the conference attracts lenders, attorneys, asset managers, investors, special servicers and nonperforming loan buyers from across the country. Chillar served as a panelist on the “Lending in Today’s Marketplace” panel along with Mark Weibel of Thompson & Knight LLP, John Jardine of Ares Management, LP, Raymond Lowe of Wells Fargo and Michael Sanchez of RealtyMogul.com.

 “For borrowers, today’s market offers a growing and wider range of capital and products to service their needs,” said Chillar. “Lite leverage for construction loans presents a challenge for developers considering that costs for construction continue to escalate with limited labor. Crescit Capital Strategies’s business model fosters long-term relationships through different market cycles, thereby facilitating a more strategic partnership between lender and borrower over the life of a loan.”

Chillar leads Crescit’s West Coast office and brings a unique combination of twenty years of experience in commercial real estate loan origination, underwriting, securitization and trading. Prior to joining the company, he was the senior executive and bond trader responsible for managing the U.S. portfolio of CMBS/CLO securities for the Union Bank subsidiary of Mitsubishi, one of the world’s largest financial organizations with total assets of $2.6 trillion. Chillar also served on the bank’s Volcker adoption committee, oversaw the CCAR stress testing reporting on the securities portfolio and served as an internal advisor to the Tokyo CLO investment group at MUFJ Tokyo.