Lument Bolsters Real Estate Capital Markets Platform

Lument on Monday said it had made a significant investment in its real estate capital markets business, strengthening the array of comprehensive solutions it offers the multifamily and larger commercial real estate markets. Irvine-based senior managing director Rick Warren will lead the initiative and the firm’s capital markets group, offering a broad range of alternative lending sources, including banks, debt funds, life companies, and conduits.

“We are committed to creating an all-encompassing platform of capital solutions and services, making Lument a one-stop destination for our clients’ financing needs” said CEO James Flynn. “Broadening our offerings and maximizing synergies will enable Lument to best meet their needs and expectations.”

Lument is adding to an existing real estate capital markets team, including managing director Ryan Norwood. The firm recently added Ralph Wurzburger and Joshua Perew as directors to the team. Both have over a decade of experience originating debt from a variety of capital sources and were most recently at Walker & Dunlop.

“Our goal is to provide the larger universe of investors, for whom agency and balance sheet financing alone may not be appropriate, access to construction debt, bridge loans, permanent debt, and equity placement,” said Warren. “Both Ralph and Josh bring with them extensive relationships as well as expertise that will be valuable to existing and new clients. We will also continue to add more top talent with deep industry expertise across all asset classes to our platform.”

Pictured: Rick Warren.