Lument announced a significant investment in its real estate capital markets business on Monday, expanding the range of solutions available for multifamily and commercial real estate markets. The initiative will be led by senior managing director Rick Warren from the firm’s Irvine office, offering a diverse selection of lending options such as banks, debt funds, life companies, and conduits.
CEO James Flynn stated that Lument is dedicated to creating a comprehensive platform of capital services to become the go-to destination for clients’ financing needs. By broadening their offerings and maximizing synergies within the company, Lument aims to exceed client expectations.
The existing team at Lument’s real estate capital markets division includes managing director Ryan Norwood. Recently joining them are directors Ralph Wurzburger and Joshua Perew who bring over ten years of experience in originating debt from various sources including Walker & Dunlop.
Warren explained that their goal is to provide access to construction loans, bridge loans permanent financing,and equity placement for investors beyond those seeking agency or balance sheet financing alone. He also mentioned plans for adding more top talent with industry expertise across all asset classes onto their platform in addition to Wurzburger and Perew’s extensive relationships with clients.
Pictured: Rick Warren.
Lument has made an important investment into its real estate capital market business on Monday which will enhance its abilityto offer comprehensive solutions tailored towards both multifamily properties as well as larger commercial properties.The initiative will be spearheaded by senior managing director Rick Warren based outof Irvine.He brings along his vast knowledgeand skillsin leading this venture while providinga wide arrayof alternative lending options like banks ,debt funds ,life insurance companies,and conduits .
Accordingto CEO James Flynn,Lumenis committedtobuildinganall-encompassingplatformthat offerscapital solutionsto meetthe varyingneedsand expectationsofclients.Thiswill makeitthe ultimatedestinationforfinancingneeds.Broadeningour offeringsand leveraging synergieswill enableLumentto deliverbeyond clientexpectations.
The real estate capital market team at Lument will be further strengthened by the addition of managing director Ryan Norwood. The firm has also recently welcomed directors Ralph Wurzburger and Joshua Perew to their team. Both bring with them over a decade of experience in originating debt from various sources and were previously associated with Walker & Dunlop.
Warren stated that their objective is to provide access to construction loans, bridge loans, permanent financing,and equity placement for investors who may not find agency or balance sheet financing suitable.He added that both Wurzburger and Perew have strong relationships within the industry which will prove beneficial for existing as well as new clients.Lument plans on expanding its platform by bringing onboard more top talent across all asset classes who possess deep expertise in this field.
Pictured: Rick Warren.
