CREF22: Commercial/Multifamily Real Estate Finance Convention & Expo

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We can't wait to meet again at the largest commercial/multifamily industry event of the year. To see what we did last time we met in person at CREF2020 in San Diego, you can download the schedule here

Note: Schedule subject to change.

 

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Tuesday, February 15, 2022

  • Breakout Session: Over the Top: Sustained Growth of Debt Funds and Mortgage REITs

    Location: Seaport Ballroom A


    Speaker(s)

    Nik Chillar, President, CRE Capital

    Felix Gutnikov, Principal, Head of Originations, Thorofare Capital, Inc.

    Breakout Session

    Non-bank lenders, including debt funds and mortgage REITS, have continued to experience strong growth in origination volume and are comprising an ever-larger part of the commercial real estate finance market. Bank and non-bank market participants discuss how this sector is continuing to evolve and the properties, markets, and opportunities they are focused on. Banks/Warehouse Lending Products included in this conversation.

    Speaker(s)

    Nik Chillar, President, CRE Capital

    Previously he was the Head of Capital Markets and Technology Integration at a San Francisco fin-tech and prior to that a senior executive and bond trader responsible for the investment, management and reporting of the U.S. portfolio of CMBS/ CLO securities for the Union Bank subsidiary of Mitsubishi, one of the world’s largest financial organizations with total assets of $2.6 trillion. He also served on the bank’s Volcker adoption committee, oversaw the CCAR stress testing reporting on the securities portfolio and served as an internal advisor to the Tokyo CLO investment group at MUFJ Tokyo. In addition to his tenure at Union Bank, during the financial crisis of 2008 and 2009, he managed a distressed real estate fund primarily invested in heavily discounted AAA CMBS bonds, which later evolved into a CMBS origination platform in a partnership with Jefferies LoanCore. This platform built on his previous experience as a co-founder of a mortgage origination business that was ultimately sold to CharterMac Mortgage Capital (aka: Centerline Mortgage Capital) where Nik Chillar was co-head of Mortgage Originations. Earlier in his career, Nik Chillar managed a structured finance team for Lehman Brothers Principal Transactions Group based in London. There he led a team that developed new securitized products in conjunction with Lehman’s investment banking efforts in Western Europe. His team was awarded the International Real Estate Deal of the Year awards in 2001, 2002 and 2003 for their success in structuring the first successful CMBS transactions in Switzerland, Italy and Spain. Nik Chillar has both a B.A. in Social Science/Economics and a B.S. in Biological Sciences from the University of California, Irvine.

    Felix Gutnikov, Principal, Head of Originations, Thorofare Capital, Inc.

    Felix Gutnikov is a Principal of Thorofare Capital and serves as the Head of Originations. Thorofare is majority owned by Callodine Group, an asset management platform specializing in yield-oriented investment strategies. Thorofare is a national, vertically integrated commercial real estate investment manager. Headquartered in Los Angeles with additional offices in New York City, Miami, Boston, and Dallas, Thorofare manages over $1 billion in AUM. He joined the firm in January 2012, sits as a voting member on the Investment Committee for the firm’s discretionary fund series as well as its institutional joint ventures and separate accounts. Felix has 13 years of industry experience and over $2.5 billion of financing transactions closed across eight investment vehicles. Felix plays a primary role in the sourcing, structuring, and pricing of new loan originations from the firm’s Los Angeles office, and directs capital markets syndications through co-lending, participations, and senior/subordinate arrangements. Felix is a graduate of the W.P. Carey School of Business at Arizona State University.