Former Capmark Execs Lead New CMBS Fund
Two former Capmark Investment executives will head up a new residential and commercial real estate funds management and distressed asset management and disposition firm. Scott Roth and Patti Unti, former co-heads of the Capmark Investments securities team will lead Ventras Capital Advisors, a subsidiary of MBH Enterprises, a Denver-based holding company that specializes in the financial services and infrastructure services industries. Ventras is currently raising third-party funds to invest in commercial mortgage-backed securitizations (CMBS). “Over the next two to three years, there will be intense interest in opportunistically investing in distressed residential and commercial assets,” said MBH managing partner Steve Gutterman. “We are uniquely positioned to do well in this market while helping to provide much-needed disposition solutions to banks and borrowers at the same time.” Write to Austin Kilgore.