Trez Capital, a leading investment manager and provider of innovative and opportunistic financing for commercial real estate, is pleased to announce the relocation of its western United States operations to Phoenix. This strategic move aligns with the firm’s focus on operating in the strongest investment markets across North America.
“This is a purposeful move for Trez Capital to increase our presence in locations that best fit our thesis and where our strategic positioning creates an edge,” said John D. Hutchinson, Co-Chief Executive Officer and global head of origination at Trez Capital. “Phoenix is a compelling example of an area experiencing high, sustainable growth when it comes to factors like population, immigration and in-migration, economic sustainability, and business development.”
Trez Capital has operated in Phoenix since 2006 and currently has over 20 active loans in the region. To date, including bridge and construction lending programs, the firm has financed over $1.1 billion in loan commitments on approximately 50 loans.
Trez Capital’s investment thesis focuses on key geographic locations with compelling fundamentals. Phoenix MSA stands out as a great example exhibiting robust population and economic growth, favorable tax environment, high quality of life indicators, and emerging business development in the tech sector – which all lead to a surge in interest and migration to the area. These factors, along with shortages in housing inventory, make a compelling case for the need to provide investor capital for residential development in Phoenix and the surrounding areas.
“Establishing a Trez Capital office in Phoenix aligns with our current geographic diversification and where we expect to do more business in the next couple of years,” said Brody Toigo, senior managing director, U.S. origination at Trez Capital. “Phoenix stands out as one of the strongest real estate markets in North America, demonstrating consistent growth and a number of attractive fundamentals.”
Toigo leads the Phoenix office and is focused exclusively on origination and structuring efforts for new construction financings across the U.S. Trez Capital has more than 20 originators servicing borrowers, developers and property owners coast to coast. With over 25 years of experience, the firm has seven offices located across North America with its U.S. locations in Dallas, Miami, New York, and Phoenix.
