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Follow on Google News | Mesa West Capital Opens NY City OfficeCommercial Real Estate Lender Brings in Raphael Fishbach as Director to Head First Regional Office.
By: Bruce Beck Los Angeles-based Mesa West Capital is one of the top performing commercial real estate finance companies in the United States with over $1 billon to deploy in 2010. The privately held company provides first-mortgage loans on office, industrial, retail, flagged hotels and multifamily assets primarily in the Western United States. This is the first regional office for Mesa West Capital which will allow the Los Angeles-based lender to broaden its geographic diversity on a selective basis as well as better serve the firm's East Coast-based clients, according to Zytko. “Typically, a portion of our investments have been allocated outside the Western United States,” says Zytko. “Mesa West will continue its Western focus, but having Raphael in New York provides a better foothold to consider East Coast properties. Importantly, while our deals are generally located in the West, many of our borrower and mortgage broker relationships are based in and around New York and we believe having an office here is a logical next step in the growth of our Company.” Fishbach joins Mesa West from Ramius, LLC, a multi-billion dollar asset management firm based in New York City. As Director of Ramius' Real Estate Group, Fishbach was responsible for deal sourcing, origination and underwriting, negotiation of acquisitions, joint ventures and financings as well as asset management. In three years at Ramius, Fishbach was involved in transactions valued in excess of $500 million. Previously, Fishbach was Vice President in the Real Estate Merchant Banking Group of Wells Fargo Bank in the bank's Los Angeles and New York offices. In six years at Well Fargo he was directly responsible for more than $1 billion of debt originations on projects located throughout the United States. Fishbach graduated from Cornell University with a BS in Hotel Administration. # # # Los Angeles-based Mesa West Capital (http://mesawestcapital.com) is an institutional fund manager investing in commercial real estate debt. Mesa West's established debt platform provides financing for real estate acquisitions, re-financings and re-capitalizations across the United States on all property types including office, retail, industrial, multifamily and hotels. End
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