LOS ANGELES, Jan. 16, 2013 /PRNewswire/ -- Transwestern today announced it has added a Structured Finance group to its Los Angeles office, part of a broad strategy to enhance its Management Services, Investment Sales and Development business lines. Heading up the group are Steven Orchard and Michelle Lee. The team will originate financing engagements, underwrite assets and portfolios, consult on market risk-pricing dynamics, structure debt and equity solutions, match clients with funding sources, oversee due diligence and assure reliable capital availability for Transwestern's local, national and international clients.
"We are thrilled to offer this new client service in Los Angeles, to be led by two terrifically talented individuals," said Transwestern's George Garfield, President, West. "With the addition of the Structured Finance and Capital Markets team, Transwestern adds yet another dimension to our value proposition, allowing us to even better serve our clients while actively building our West Coast institutional service lines, development and re-development capabilities."
"I'm really excited about this new platform," said Orchard, who prior to joining Transwestern arranged $2.2 billion in debt and equity financing at George Smith Partners. "We're building on Transwestern's market knowledge, relationships and reputation to deliver full-service real estate investment banking. Our proven debt and equity capabilities leverage Transwestern's national coverage and complementary service lines to address the needs of an expanded customer base. It is a great tool set for our clients."
Orchard originally worked for Peak Capital, a private equity merchant bank. He handles all product types, with an emphasis on office, retail, multifamily and healthcare, and in 2011, he was named as one of the nation's top ten "stars to watch" under the age of 40, by Commercial Property Executive Magazine.
Lee also joins Transwestern from George Smith Partners. She brings nearly 14 years of originations and underwriting experience, having closed $3.5 billion of real estate finance transactions, including office, industrial, retail, multifamily, hospitality and senior housing. She was previously a senior credit underwriter for GMAC and Countrywide Commercial Mortgage. Lee cultivates relationships with decision makers across the capital markets, including life companies, pension fund advisors, agency lenders, CMBS platforms, banks, REITs, mortgage funds and private equity sources.
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, development, research and sustainability. The fully integrated enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. Transwestern facilitates better decision-making for clients by combining penetrating local market intelligence and macro-market research through its affiliate, Delta Associates. Transwestern has 33 U.S. offices and assists clients through more than 180 offices in 36 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate.
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