Registration Questions

Call: 202-684-2034
Email: eventregistration@bisnow.com

Request Speaker Information

Speaker Topics

Tell us a Little More

Speakers and Panels

Capital Flow Outlook

Debt, Equity & the Repricing of Risk

Chris Allman

Chris Allman

Principal & Partner, Capital Markets, Debt Group

CIM Group

Matt Michalovsky

Matt Michalovsky

EVP & Portfolio Manager

PIMCO

Juyuan Wei

Juyuan Wei

CFO

Westwood Financial

Trent Brown

Trent Brown

Executive Director, Financing

PGIM Real Estate

Tony Park

Tony Park

SVP

Axos Bank

Brad Ross

Brad Ross

Managing Director, Head of Organizations

Parkview Financial

Mark Nicoletti
Moderator

Mark Nicoletti

Partner

Allen Matkins

Chris Allman

Principal & Partner, Capital Markets, Debt Group

CIM Group

Chris Allman is a Principal in the Capital Markets – Debt Group at CIM Group, where he oversees real estate financing for assets owned or being acquired by CIM’s various investment vehicles, as well as fund level leverage. He also manages the firm’s banking relationships.

Over the course of his career at CIM, Mr. Allman has overseen the origination and closing of nearly 600 real estate and corporate financing transactions, as both a lender and borrower, totaling more than $82 billion in loan commitments.

Prior to joining CIM in 2013, Mr. Allman was Head of Capital Markets at Thayer Lodging Group/Brookfield Hotels, Senior Vice President in Capmark’s Hospitality Finance Division and an Investment Performance Analyst at Cambridge Associates.

Mr. Allman is a frequent speaker at leading industry events, including ULI, CREFC, ICSC, NAIOP, ALIS, the NYU Hotel Conference, Bisnow, and GlobeSt., among others.

He earned a Bachelor of Science degree in Finance and Environmental Science from Virginia Tech and a Master of Business Administration degree from S.C. Johnson School of Business at Cornell University.

Juyuan Wei

CFO

Westwood Financial

Juyuan Wei, chief financial officer at Westwood Financial, joined the firm in 2018 and quickly rose through the ranks due to his exceptional financial acumen and strategic insight. Initially hired as finance director of strategic planning and analysis, he transformed financial and operational reporting, leading to his promotion to vice president of finance within six months.

During the COVID-19 pandemic, Wei’s leadership ensured the company outperformed its public peer REIT group and maintained investor dividends. Promoted to senior vice president of finance and accounting in 2020, he oversaw all financial functions, including debt strategy and board deliverables. As CFO since February 2023, Wei has developed a five-year debt strategy, earned significant interest income through strategic investments, managed complex reverse exchanges and ensured cash protection post-SVB collapse.

Tony Park

SVP

Axos Bank

Tony Park co-manages the Commercial Real Estate Lending Department at Axos Bank, where

he has spent more than four years as a senior leader responsible for originations and portfolio

management of complex commercial real estate financings. He is deeply involved in

high‐impact transactions and plays a central role in shaping credit decisions and deal strategy

within Axos Bank’s CRE lending platform. With over 20 years of CRE experience, Park is known

for his ability to navigate intricate deal structures, align capital with sponsor objectives, and

execute across evolving market conditions. A graduate of the University of Southern California’s

Master of Real Estate Development program, he brings an institutional, transaction‐driven

perspective grounded in disciplined underwriting and real‐world execution.

Brad Ross

Managing Director, Head of Organizations

Parkview Financial

Brad Ross is the Managing Director and Head of Originations at Parkview Financial. Based in the Los Angeles headquarters, Brad leads the nationwide team of originators and oversees the firm’s capital markets activity.

In addition to managing the originations platform, Brad plays a key role in shaping the firm’s strategic direction, focusing on asset, portfolio, and fund management.

Brad was previously a Vice President at Madison Realty Capital where he established the company’s Los Angeles office. Brad has also held positions at Calmwater Capital and Karlin Real Estate.

Brad earned an M.B.A from the UCLA Anderson School of Management and a B.A. from the University of Michigan. He is a licensed California real estate broker and is actively involved with the UCLA Ziman Center for Real Estate and City of Hope.

Mark Nicoletti

Moderator

Allen Matkins

Mark is co-chair of the Real Estate Finance Group, and represents real estate developers, property owners, and financial institutions in all types of real estate transactions, with particular focus on real estate finance. Based in the Los Angeles office, Mark represents clients in matters related to construction, permanent, securitized, mezzanine, preferred equity, and cross-border financing; the acquisition, disposition, and development of vacant land, office buildings, apartment complexes, hotels, shopping centers, and other commercial, residential, and mixed-use properties; and the formation and representation of corporations, limited liability companies, limited partnerships, and other joint ventures. He also represents commercial tenants and landlords in connection with office, retail, and other commercial leasing, ground leasing, and leasehold financing.

Part of Mark’s success can be attributed to his business-minded approach, his experience on both the borrower and lender sides of multifaceted finance transactions, and his rich experience working with developers as well as investment banking and real estate hedge fund clients. Sophisticated clients with established institutional legal frameworks, such as major international and Wall Street financial institutions, rely on Mark’s distinct experience to provide the flexibility their work often requires. For entrepreneurial clients, he removes distracting details and obstacles from the decision-making process, while setting their course to act effectively.

His portfolio includes multi-billion-dollar acquisitions for noted real estate investment groups and financers throughout the United States. In equity financing transactions, Mark has considerable experience representing both institutional and non-institutional investors. He is equally experienced in handling transactions for smaller, entrepreneurial clients, handling their needs proficiently and expeditiously. Prior to practicing law, Mark served as the Controller for a medical center, giving him a broader and more holistic perspective on complicated deals and complex transactions.

Licensed to practice law in California, Nevada, and Florida, Mark maintains a national practice and frequently acts as local counsel for several institutional lenders on both coasts, as well as for developers in Nevada.

Mark is a member of Mensa and is involved in regional and specialty bar associations. He is also a member of the Pasadena Rotary Club. Prior to joining Allen Matkins, Mark practiced at several renowned AmLaw 100 firms. Mark is also a Certified Public Accountant (inactive) in the State of Florida.

Getting Deals Done

Structuring, Negotiating & Closing Transactions in a Volatile Market

James D'Argenio

James D'Argenio

Principal, Acquisitions

The Bascom Group

Ash Baraghoush

Ash Baraghoush

Senior Managing Director, Structured Finance

TruAmerica Multifamily

Corey Hall

Corey Hall

Director, Real Estate

KKR

DaJuan Bennett

DaJuan Bennett

Head of Acquisitions and Private Lending

Bolour Associates

Peter Ballance
Moderator

Peter Ballance

Partner

Sheppard

Ash Baraghoush

Senior Managing Director, Structured Finance

TruAmerica Multifamily

Ash Baraghoush serves as Senior Managing Director of TruAmerica Multifamily’s Structured Finance vertical, a strategic initiative to complement its flagship value-add investment platform. The veteran real estate finance executive brings expertise in structured finance and allows the firm to broaden ts platform and create new opportunities to benefit the investment strategies and the communities TruAmerica serves.

The Structured Finance vertical leverages TruAmerica’s national footprint to launch preferred equity and mezzanine debt offerings for multifamily. The launch of TruAmerica’s preferred equity platform will strategically meet market demand amidst today’s elevated interest rate environment and continued capital markets dislocation.

TruAmerica’s preferred equity offering will fill ongoing equity gaps for multifamily acquisitions, recapitalizations, loan rebalancings, and development transactions. Structured Finance allows TruAmerica to expand its impact by unlocking new pathways for capital allocation and providing creative financing solutions to the market. The introduction of Structured Finance marked another milestone in the firm’s growth and diversification strategy.

Mr. Baraghoush joined TruAmerica from Pacific Urban Investors, bringing deep expertise in developing and managing structured finance platforms. His prior experience at Ares Management further positions him to lead this new initiative with precision and vision. Mr. Baraghoush holds a bachelor’s degree in Business Economics with a minor in Accounting from the University of California, Los Angeles.

Corey Hall

Director, Real Estate

KKR

Corey Hall (Los Angeles) joined KKR in 2022 and is a member of the Real Estate team. Mr. Hall is responsible for sourcing and executing debt investments across KKR’s real estate credit strategies. Prior to joining KKR, Mr. Hall was a senior vice president at Brookfield, where he oversaw originations throughout the western U.S. for the firm's series of real estate credit funds. Prior to that, he was a managing director at Cantor Commercial Real Estate, where he focused on the origination, structuring, and disposition of both fixed and floating rate securitized debt. He began his career at Deloitte within the financial advisory services practice as part of the firm's real estate consulting team. Mr. Hall is a graduate of the University of Southern California, where he received a B.S. in Business Administration, with a concentration in Real Estate Development & Finance. He is a member of Urban Land Institute and is an active member of the University of Southern California’s Lusk Center for Real Estate.

Peter Ballance

Moderator

Sheppard

Peter Ballance is a partner in the Real Estate, Energy, Land Use & Environmental Practice Group in Sheppard's Los Angeles office.

With a deep commitment to building strong relationships, Peter represents lenders, borrowers, developers and property owners in a wide range of commercial real estate transactions throughout the country. He provides clients with significant experience in commercial real estate financing, including loan workouts, and the purchase and sale of improved and unimproved real property. Representing institutional lenders, financial institutions, developers and other property owners, Peter is familiar with many forms of financing and acquisition, as well as acquisition and disposition transactions and related matters. He is fluent in securitized lending, mezzanine loans, and construction loans, and his transactions have touched on a wide range of property types, including office, industrial, residential, multifamily, retail, and mixed use. Peter possesses real-time, in-depth market knowledge and extensive national experience in advising lenders and borrowers throughout the loan life cycle. He delivers efficient and practical guidance to help his clients accomplish their specific business and legal objectives.

A significant part of Peter’s practice is the representation of institutional lenders in loan restructurings and workouts, foreclosures, deed-in-lieu and deed-in-the-box transactions, as well as positioning REO assets for sale. He also advises clients on nonperforming loans and distressed real estate in all asset classes.

Peter’s significant experience in all real estate finance matters enables him to provide exceptional counsel and up-to-the-minute insight.

New Capital, New Models

Alternative Funding, Recaps, Distress Plays & Non-Traditional Sources Moving the Market

Damian Gancman

Damian Gancman

COO & CFO

Cityview

Sondra Wenger

Sondra Wenger

Head of Capital Markets

KBS

Afshin Kateb

Afshin Kateb

CFO

Palladius Capital Management

Alexander Stekler

Alexander Stekler

VP

KeyBanc Capital Markets

Evan Kinne

Evan Kinne

Managing Director

George Smith Partners, & CEO, AXCS Capital

Carrie Nikols

Carrie Nikols

CEO

Nikols Mortgage Fund, LLC

Timothy Reimers
Moderator

Timothy Reimers

Partner

Sheppard

Damian Gancman

COO & CFO

Cityview

Damian Gancman oversees the operations of Cityview and its investments while supporting the strategic growth of its finance, acquisition, asset management and property management functions. An 18-year veteran of the firm, Damian is also a partner at Cityview and a member of its investment committee. As CFO, he helped build out Cityview’s best-in-class finance department, including the implementation of strategic process, accounting, reporting and technology improvements that enhance the investor experience.

In addition to his role at Cityview, Damian is a guest lecturer for the University of Southern California’s Master of Real Estate Development program and is a key contributor to the Cityview Leadership Academy. Damian earned a master’s degree in real estate development from the University of Southern California and a dual bachelor’s degree in business administration and psychology from the University of California, Berkeley.

Sondra Wenger

Head of Capital Markets

KBS

Sondra Wenger is Head of Capital Markets at KBS, where she leads institutional fundraising across separate accounts, co-investments, and funds. She partners with pension funds, sovereign wealth funds, family offices, and endowments, aligning investor objectives with strategic real estate opportunities. A member of KBS’s senior executive leadership team and Investment Committee, Sondra works closely with acquisitions and investment management to drive portfolio growth. With more than 30 years of experience, she has helped raise $2.8 billion in capital and led over $17 billion in real estate transactions across core, value-add, and opportunistic strategies.

Alexander Stekler

VP

KeyBanc Capital Markets

Alex is a Vice President in KeyBanc Capital Markets Public Finance Investment Banking Group, located in Cleveland, Ohio. Alex has focused on affordable housing bond underwriting since joining the group in 2017 and has closed over 150 sole or senior-managed affordable housing transactions nationally, primarily focusing on LIHTC and Workforce solutions for developers and public housing authorities.

Evan Kinne

Managing Director

George Smith Partners, & CEO, AXCS Capital

Mr. Kinne, Managing Director at GSP and Co-Founder and CEO of AXCS Capital has arranged in excess of $4BB in total capitalized value of complex debt and equity financings. Recent notable transactions that Evan and his team have completed include several large-scale hospitality developments, multifamily, industrial and mixed-use projects that required multiple capital sources and substantial financial structure.

Prior to joining the firm, Evan was a Vice President at Watertower Group, a boutique advisory focused on dynamic and innovative companies shaping technology, consumer internet and digital media. Evan has advised over 20 internet, technology, and media companies on series A-D equity capital formation and M&A. Evan’s other experience includes: Director of Business Development at RadPad, an LA based venture capital backed Real Estate technology company, and several other early stage and venture capital backed companies. Evan started his business career as an accountant.

Evan received his MBA from UCLA’s Anderson Graduate School of Management and focused on Real Estate Finance coursework.

For fun, Evan enjoys being outdoors, skiing, cycling, traveling, and spending time with his wife and two children. He has been involved in endurance mountain bike racing for over 25 years, completing many races, including the famous Leadville 100 multiple times.

Carrie Nikols

CEO

Nikols Mortgage Fund, LLC

Carrie is CEO of The Nikols Company, which is Manager of Nikols Mortgage Fund, LLC, a private commercial real estate construction & bridge lender providing $5-40 million loans on California properties. She directly leads all loan originations and structuring, and oversees closings, loan servicing and loan payoffs. She has led Nikols Mortgage Fund since 2008, closing over $1.3 billion of loan commitments. Carrie’s commercial real estate experience, which spans more than four decades, ranges from institutional permanent lending and large balance bridge loans to smaller bank and private money construction and tailored transactions. As the top producing Region Manager for DaimlerChrysler Capital Services, Carrie originated and was responsible for a portfolio of $10 to $75 million highly leveraged commercial property bridge loans, all handled as agreed with no defaults. She has also pioneered various loan structures and product types including mezzanine loans, tax-exempt bond letter of credit enhancements with taxable tails, assisted living facilities, self-storage facilities and single-tenant biotech properties. Carrie has also written approximately 50 income property and residential subdivision appraisals as a state certified appraiser and MAI candidate. She holds a California Real Estate Sales license and graduated Magna Cum Laude from the University of Southern California with a Bachelor of Science Degree in Business Administration-Real Estate Finance.

Timothy Reimers

Moderator

Sheppard

Tim Reimers leads Sheppard’s Healthcare Real Estate practice and advises many of the nation's leading healthcare systems, providers, investors, and developers on their most significant real estate and finance transactions. With deep experience across hospitals, behavioral health, senior housing, and other healthcare assets, Tim is widely recognized for helping clients navigate complex legal, regulatory, and business challenges at the intersection of healthcare and real estate. He counsels clients on acquisitions, development projects, joint ventures, financing transactions, sale-leasebacks, public-private partnerships, and other strategic initiatives, bringing a practical approach shaped by decades of experience in the healthcare sector.

Why You Won't Want To Miss This Conference:

What You'll Learn: 

Capital Flow & Market Sentiment

  • Which global and domestic investors are targeting Southern California, and which asset classes are drawing capital?

  • How are lenders adjusting underwriting, risk tolerance, and structure in a transitioning economy?

  • What are today’s real return expectations, and how do they compare to 2025?

     

Capital Stack & Deal Structuring

  • How are developers building modern capital stacks using blends of debt, JV equity, preferred equity, private credit, bridge, and structured capital?

  • How is the evolving cost of capital affecting pricing, yields, and cap rates across SoCal markets? 

  • What’s necessary to close complex deals today? 

     

Economic Trends & Investment Strategy

  • How is interest rate policy, inflation softening, and capital availability shaping transaction volume and velocity?

  • What factors are prompting owners to sell, refinance, restructure, or hold through the cycle?

  • The emerging investment strategies for 2026–2028: repricing opportunities, niche asset types, and long-term positioning.

     

Distress, Opportunity & Lending Relationships

  • Where is distress surfacing and how are investors underwriting opportunistic or value-add plays?

  • How are borrowers and lenders renegotiating terms and collaborating on solutions?

  • How are liquidity constraints influencing valuations, deal timelines, and closing certainty?

     

New Capital Pathways

  • Innovative fund structures and capital vehicles gaining traction in 2026.

  • How is private credit, family offices, institutional alternatives, and cross-border capital influencing competition?

  • Non-traditional lending and equity partnerships redefining the capital markets ecosystem.

How You'll Do More Business From Attending This CRE Event: Southern California continues to be a complex yet opportunity-rich capital markets environment. At this year’s conference, hear directly from the region’s most active lenders, equity sources, investors, owners, developers, and intermediaries as they assess capital flows, debt availability, and the evolving economics shaping CRE dealmaking in 2026. Discover how top players are capitalizing projects in a dynamic rate environment, which strategies are successfully unlocking liquidity, and where investors are placing capital across asset classes. Meet dealmakers face-to-face, gain clarity on the next 12-24 months, and leave with new relationships and real opportunities.

Why You Should Attend This Session: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

Who You'll Network With At This Discussion: Owners, Developers, Investors, Lenders, Fund Managers, Financial Institutions, Mortgage Brokers, Capital Advisors, Transaction Attorneys & Public Sector Officials.

For questions, recommendations, comments or press inquiries please email our event producer, Samantha D'Angelo at samantha.dangelo@bisnow.com. 

Interested in Sponsorship?

Contact avery.warren@bisnow.com to get information on sponsorship, pricing and availability at this event.

Agenda

Time Activity
Thursday December 11, 2025
10:30 PM
11:30 PM
Registration & Networking
11:30 PM
12:15 AM
Capital Flow Outlook

Debt, Equity & the Repricing of Risk

Friday December 12, 2025
12:15 AM
12:30 AM
Quick Break
12:30 AM
1:15 AM
New Capital, New Models

Alternative Funding, Recaps, Distress Plays & Non-Traditional Sources Moving the Market

1:15 AM
2:00 AM
Getting Deals Done

Structuring, Negotiating & Closing Transactions in a Volatile Market

2:00 AM
3:00 AM
Networking, Appetizers, Beer & Wine!

Notable Deals & Sales:

KBS: Completes Sale of 210,938-SF Renovated Historic Office Asset with Multifamily Development Potential

Westwood Financial: Lands $145M Boost to Credit Facility, two new deals bring the firm’s total facility to $470 million

Bolour Associates Inc: Leverages more than 30 years of equity-side experience in all asset classes. The company recently rolled its debt platform into an evergreen fund structure, enabling greater speed in closing, flexibility in proceeds and rates, as well as increased diversification for its investors ///// $13.0M Refinance – San Diego, CA | R&D / Flex: Bolour closed a structured refinance on a Class A R&D / flex property in San Diego’s Sorrento Mesa submarket. The loan included upfront and future‑funded reserves for tenant improvements, leasing commissions, and interest carry, enabling the asset to complete its transition to stabilized R&D use. The transaction highlights Bolour’s ability to deliver certainty of execution and customized capital solutions for technically complex assets ///// $22.25M Office Refinance – Orange County, CA: Village Business Park spans 144,000 square feet in two multi-tenant, two-story buildings located at 7000 and 7001 Village Dr. Currently at 82% occupancy, the BOLOUR loan provides capital to refinance and additional funds for future leasing needs to promote asset stability ///// $21.0M Timely Office Refinance – San Dimas, CA: Bolour delivered a $21.0 million refinance on a 100,000‑square‑foot office property in San Dimas, California. The financing addressed a pending loan maturity and provided tenant improvement capital, allowing the borrower to maintain momentum during a transitional leasing period. The transaction highlights Bolour’s ability to move quickly and provide certainty of execution in the office sector ///// $5.35MM Value-Add Medical Condo Acquisition Financing: Bolour provided $5.35 million in acquisition and renovation financing for a value‑add medical office condominium in San Diego. The loan supported the acquisition, repositioning, subdivision, and planned sale of a vacant medical condo asset, demonstrating Bolour’s expertise in financing specialized medical office and value‑add real estate strategies.

CIM Group: Novva and CIM Group Get $2 Billion Funding to Complete Data Center Expansion ///// CIM Group Makes $125 Million Loan Commitment, Expandable up to $200 Million, to Support Applied Digital’s Buildout of a High-Performance Computing Campus in Ellendale, North Dakota ///// CIM Group Closes $167,670,000 Loan to Affiliates of Concord Hospitality and Whitman Peterson to Recapitalize a 15-Property WoodSpring Suites Extended Stay Hotels Portfolio | Morningstar ///// CIM Group Acquires 180-Unit Active Adult Community in Orlando ///// CIM Group Sells Turtle Creek Village Mixed-Use Office and Retail Center in Dallas ///// CIM Group Acquires Three-Building Industrial Portfolio in Multi-State Sale Leaseback Transaction ///// CIM Group Closes $93.1 Million Loan to DivcoWest for Acquisition of 399 Boylston, 245,000-Square-Foot Class A Office and Retail Building in Boston’s Back Bay ///// CIM Group Closes $132.5 Million Loan to Pacific Elm Properties for Completion of Partial Office-to-Multifamily Conversion of Santander Tower in Dallas ///// CIM Group opens The Read apartments in West Adams ///// Revitalizing the Heart of Downtown Atlanta | Centennial Yards

Nikols Mortgage Fund, LLC – $35,000,000 loan (72% loan to cost) for the construction of a spec 44,885 GSF (42,382 NSF) Class A office building with 5 multifamily units located two blocks from the CalTrain station in downtown San Mateo. While the market for Class A Office space in the Mid-Peninsula submarket has remained very strong, very few lenders have been willing to finance spec office construction, leaving Nikols in a strong position to capitalize on this attractive opportunity ///// $7,000,000 (69% loan to cost) for the construction of a 227-unit, 21,925 NSF three-story climate-controlled self-storage property in Downtown Danville. The site was permit ready when the loan closed. The property is unique in that it is located in affluent Danville’s downtown core, in close proximity to I-680 with extremely high barriers to entry and no competitive property within a 2-mile radius. This was a referral from another Nikols borrower ///// $14,700,000 (77% loan to cost) for the acquisition of an 89% occupied, 41,022 SF, one-story, 19-unit industrial property located in the highly desirable Irvine Spectrum. The business plan is to process and record a condo map and sell units off individually as the remaining short-term leases mature ///// $12,100,000 (77% loan to cost) to pay off a land loan and facilitate the construction of 12 townhomes in the infill and highly supply constrained San Juan Capistrano market. The business plan is to sell the units off individually once completed ///// $21,300,000 (80% loan to cost) for the separate acquisitions of the leasehold improvements as well as the leased fee land for a 69,930 square-foot leased multi-tenant industrial building and retail pad needing re-tenanting. The retail pad was leased to Quick Quack Car Wash and the loan was extended to allow the Borrower time to subdivide the site into two parcels. The business plan is to sell the retail and industrial components of the site separately once parcelization is completed ///// Go to www.nikolsco.com or this flipbook of representative deals for more information. 

Palladius Capital Management: EQUITY — Palladius Real Estate Fund II (PREF II): Multifamily & Student Housing | Value-Add / Dislocated Class A: PREF II's investment period is closed and the fund is focused on operating value-add and dislocated Class A multifamily and student housing assets across high-conviction markets. Recent activity includes the acquisition of two student housing assets in San Marcos, TX, proximate to Texas State University — one of the fastest-growing public universities in the nation with enrollment of approximately 44,600 students and year-over-year growth of ~9.5%. Renovation and lease-up activity is underway, with common area improvements and interior unit renovations in progress. Palladius manages a diversified portfolio of six unrealized assets across multifamily and student housing, with a focus on markets where supply constraints and enrollment growth support durable cash flow ///// EQUITY — Palladius Real Estate Fund I (PREF I): Multifamily | Chicago MSA & Texas Markets: PREF I's investment period is closed and the fund is focused on NOI growth and active disposition positioning heading into 2026. Portfolio highlights include 100 Forest Place, a 234-unit mixed-use multifamily asset in Oak Park, IL (Chicago MSA), acquired in 2022. The Chicago market remains one of the strongest multifamily markets in the country, with vacancy near 5.1% and annual net absorption outpacing deliveries. A loan extension was successfully completed in April 2026, and the fund is evaluating refinancing and disposition opportunities as the capital markets environment improves ///// DEBT — DEBT-- PCM (via its investment vehicles) closed over $75 million in loans in Q4 2025 alone and originated eight new investments in Q1 2026, bringing the total portfolio to 29 loans.  PCM focuses on senior and senior-stretch positions with meaningful subordination protection, partnering with experienced sponsors on transitional and structured financing needs where capital gaps persist. Across Palladius and its affiliate and sister funds, the platform manages approximately $2 billion in real estate assets, positioning  PCM to continue scaling its loan book with high-quality assets and strong sponsorship.

Axos Bank: $70m PropCo/OpCo Facility to national truck stop operator ///// $250m+ Class A office Bridge Loan to institutional investor ///// Two $100m+ Facilities to investor of corporate surplus RE

KeyBanc Capital Markets: $68 million 100%+ LTV bond sale to finance NHP Foundation’s acquisition a 218 unit affordable (40% units at 60% AMI) on May 7, 2026. Bonds financed using NHP’s AA- credit rating, achieving 10 year IO interest cost of 4.28% (15bps under 10 year TSY). Engagement to closing in 45 days making acquisition timeline feasible ///// $607 million in acquisition bond financing with HOME (El Paso Housing Authority) from 2023 to 2026 for the acquisitions of 3,404 workforce housing units on seven separate financings. All used A+ S&P rating of the Housing Authority. All bond issuances 100% LTV and had significant interest only periods with prepayment open after 7-10 years ///// $85 million in LIHTC bond financing for Evergreen Real Estate, partnering with Denver Housing Authority for the construction of 4965 North Washington Street, Colorado’s second largest affordable housing development in recent years. Transaction lost $16 million in green energy efficiency funds, worked with Housing Authority to use its AA- rating from S&P to access capital at rates that were effectively the only option to preserve the deal. 50 year amortization / 5 years IO on permanent debt ///// $107 million acquisition financing closed with Ft Worth Housing Solutions in April 2026, used by Housing Authority to buy out junior partner on governmental workforce housing project. 100%+ LTV, A+ rated, total interest cost ~4.30% for 13 year financing (3 year open prepay).