More Regions 

Toby Cobb, Justin Kennedy and Jonathan Roth

Company: 

3650 REIT

$1.45 billion

Co-founders and managing partners of 3650 REIT

Company manages $5.8 billion in loans and investments across its lending platforms

Toby Cobb, Justin Kennedy and Jonathan Roth are co-founders and managing partners of 3650 REIT. The nationwide commercial real estate alternative lender originates and services portfolio loans and makes other strategic investments. The firm is a rated special servicer and manages $5.8 billion in loans and investments across its Bridge and Event-Driven (BED) and Stable Cash Flow (SCF) lending platforms.

The company ended 2021 with more than $1.45 billion in originations deployed across asset classes including retail, office, industrial and multifamily. 3650 REIT also hired eight professionals and opened a new office in Atlanta, GA. The company maintained a track record of zero defaults across its entire originated portfolio.

Deal highlights in 2021 included a $1.225-billion loan on the Cambridge Crossing life sciences office complex in Cambridge, MA; a $95-million refinance loan on a double grocery-anchored retail center in La Habra, CA; a $68 million acquisition loan for Phoenix’s PetSmart headquarters; $60.5 million in construction financing for The Vic on Park Row in Houston, TX; and a $23.8-million investment in controlling junior interests in the $250 million first mortgage backed by Brookfield’s The Mall in Columbia, a luxury shopping mall in Columbia, MD.

These are some of the reasons we selected Cobb, Kennedy and Roth for inclusion in the Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest standards in commercial real estate finance.

Connect

Inside The Story

3650 REIT's Cobb3650 REIT's Kennedy3650 REIT's Roth

About Amy Wolff Sorter

I love content. I love writing it, visualizing it, and manipulating it to fit into different formats. I have years of experience in working with content, both as creator and editor. The content I create and edit provides assistance with many goals, ranging from lead generation, to developing street cred through well-timed thought-leadership pieces. Content skills include, but aren't limited to, articles and blogs, e-mails, promotional collateral, infographics, e-books and white papers, website copy and more.