Thorofare Capital to Open HQ2 in Miami
National commercial real estate lender Thorofare Capital has announced plans to expand its footprint in the Southeast with the opening of a second corporate headquarters. The firm’s new office will be located in Miami and Thorofare’s CIO, Brendan Miller, will lead the expansion effort.
The expansion will allow the Thorofare Team to be closer to more real estate opportunities. Thorofare can serve new and existing clients in more markets and plans to create connections with new owners and developers pursuing projects in the Southeast markets of Miami, Orlando, Atlanta, Savannah, GA as well as the Carolinas. Joining Brendan Miller in Miami is Greg Cotton, Managing Director of Asset Management and Denis Barreto Jr., Director of Credit. Thorofare plans to add to its Southeast team by the end of year.
“We are confident opening a HQ2 in Miami will allow us to build Thorofare’s local presence in a relevant and meaningful way,” said Brendan Miller. “I am excited about relocating to South Florida to focus on opportunistic, value-add and core-plus financing transactions. I look forward to building on the foundation of the senior leadership team that is relocating from Los Angeles, as well as adding more talented professionals as we strengthen Thorofare’s presence in the market. With the recent launch of our construction lending program, this expansion is well timed to strengthen the company’s position in the region.”