ORIX USA to Expand Multifamily Banking Business with Acquisition of Hunt Real Estate Capital - Seite 2

“The financial backing from ORIX USA is a powerful differentiator for us,” Flynn said. “It means that we will be able to offer commercial real estate investors direct capital products to more fully address their needs as they grow and evolve.”

While Lancaster Pollard and Red Capital were combined to form ORIX Real Estate Capital, they have continued to originate business under their existing brands and maintain their sector focus. Lancaster Pollard is one of the foremost lenders to the senior living and healthcare industries, and Red Capital is the nation’s leading FHA lender and an experienced loan servicer. Both are headquartered in Columbus, Ohio.

“This is very exciting for all of us at ORIX Real Estate Capital, as the combined companies give us one of the most well-rounded multifamily platforms in our segment of the market,” said Nick Gesue, Chief Executive Officer of ORIX Real Estate Capital. “This transaction will take us an important step closer to achieving the goals our talented team has been working so hard to attain.”

The combination of Hunt Real Estate Capital and ORIX Real Estate Capital will create a commercial real estate finance platform with annual loan production in excess of $9 billion and a servicing portfolio of more than $40 billion.

“We believe that our ability to provide diverse capital products will be an important way to deliver value to our clients and build loyalty,” Jerry Abrahams, Chief Executive Officer for ORIX Commercial Mortgage Servicing Group said. “To that end, we are committed to continue growing our range of debt solutions for our customers and partners as it will enable us to flexibly execute regardless of market conditions.”

“As we move forward, ORIX USA’s capital and its entrepreneurial culture will enable us to be thoughtfully aggressive in meeting the needs of our customers,” Flynn said. “Our goal is to be a premier national commercial real estate lender. Thanks to the talent of our combined teams and the confidence ORIX USA has expressed in this venture, this ambitious goal is well within our reach.”

The acquisition is expected to close in 2019, subject to customary closing conditions and regulatory approvals.

Advisors for ORIX USA on the transaction included Beekman Advisors, Inc. as financial advisor and Davis Polk & Wardell, LLP, as legal advisor. For Hunt Real Estate Capital, Paul, Weiss, Rifkind, Wharton & Garrison, LLP, served as legal advisor.