Peter Smith Joins TPG Real Estate Finance Trust as Managing Director and Head of Originations
Seasoned commercial real estate lending investor to join the firm’s debt investment platform
Fort Worth, Texas & San Francisco – October 21, 2016 – TPG Real Estate Finance Trust, Inc. (“TRT”), the real estate debt origination and acquisition platform of global alternative asset firm TPG, today announced that Peter Smith will join as Managing Director and Head of Originations. Smith most recently served as Managing Director at Ladder Capital Corp. (NYSE: LADR). Smith will start at TRT in late November and will be based in the firm’s New York office.
“Peter is an accomplished investor with an extensive relationship network and a unique knowledge of the real estate and debt sectors, making him a highly talented, valuable addition to our team,” said Greta Guggenheim, Chief Executive Officer of TRT. “I have enjoyed knowing and working with Peter and look forward to the opportunity to work with him again.”
Smith brings to TRT more than 25 years of commercial real estate lending experience, having previously held senior positions with Credit Suisse, UBS, and Heller Financial. His experience in the debt sector spans transitional loans, mezzanine loans, long-term fixed rate loans, loan portfolio acquisitions, and workouts and restructurings. Smith earned his BBA in accounting from the University of Michigan.
“TPG has earned an industry-leading reputation as an investor with deep expertise across a variety of industries and asset classes. It’s an exciting time to join TRT and I look forward to helping build upon its momentum,” said Smith.
Smith’s appointment is the latest key addition to TRT’s leadership team, which is headed by Greta Guggenheim, who joined as CEO in January 2016. TRT originates first mortgage loans secured by properties undergoing value-creating transformations involving re-leasing, repositioning, renovation, and occasionally construction.
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