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California  + Los Angeles  + Finance  | 
Dekel Capital Launches $500M Correspondent Lending Platform

Dekel Capital Launches $500M Correspondent Lending Platform

Los Angeles-based Dekel Capital has launched Dekel Correspondent Lending (DCL), which will originate balance sheet and CMBS loans for the acquisition, refinancing and recapitalization of commercial real estate assets. Additionally, Dekel Capital has hired finance experts Vishal Vanjani (pictured) as Managing Director and Ben Markiles as Associate to lead the new initiative.

“We expect to originate approximately $500 million through our DCL platform and combined with our debt advisory and JV equity services, we will help our clients manage the current crisis, take advantage of the market dislocation and prepare for the future,” said Dekel Capital Founder Shlomi Ronen.

“Unlike other correspondent programs that are generally focused on “in-the-box” financing, we will be able to originate in-house a variety of non-recourse loans with short term, floating-rate and long-term fixed-rate capital,” added Vanjani who joins Dekel Capital from CION Investments. Vanjani has originated over $15 billion and is a board member of the USC Lusk Center for Real Estate.

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Dekel CapitalShlomi Ronen

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.