News: Brokerage

Greenfield joins CarVal Investors as managing director of real estate

New York, NY CarVal Investors, an established global alternative investment manager, have added Scott Greenfield as managing director of real estate. Based in New York, Scott will manage commercial real estate loan and securities investments in North America.

“We’re thrilled to have Scott join the CarVal Commercial Real Estate team given the depth and breadth of his experience in connection with both lending and CMBS opportunities,” said Seth Cohen, a principal at CarVal Investors. “CarVal has been aggressively building out our CRE business over the last 18 months and we believe Scott will be an integral part of the future of our CRE platform.”

Paul Mullaney, managing director of CarVal’s North American CRE business, said, “In the current market environment, the U.S. CRE loan opportunity set is very attractive and we are excited to leverage Scott’s expertise to help us capitalize on this and grow our business.”

Most recently, Scott was a managing director in Angelo Gordon’s real estate debt group, where he was responsible for the investment and asset management of the firm's commercial real estate loans and focused on the trading and surveillance of the group's CMBS portfolio. Prior to Angelo Gordon, Scott held various positions at Caxton Associates, Guggenheim Partners and Credit Suisse First Boston in the Real Estate Finance and Commercial Real Estate Debt Groups.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.