ABOUT

Quadrant Finance Partners is a Dallas, Texas based lending platform, providing custom-tailored financial solutions to the US commercial real estate industry. Financing is available for acquisitions and re-finance needs. Quadrant is owned and operated by a team of seasoned real estate professionals. We have extensive expertise in all areas of commercial real estate, including credit skills and sophisticated capital markets expertise.

Financing Solutions

Whole Loans
Markets:

US: Primary & Secondary

PROPERTY TYPES:

Office, retail, industrial, multi-family, student housing, self-storage, hospitality

PURPOSE:

Acquisition, Refinance

PROPERTY PERFORMANCE:

Stabilized cash flow and light
value add

LOAN TYPE:

Fixed or Floating (LIBOR based)

LOAN TO VALUE / LOAN
TO COST:

Up to 85%

LOAN SIZES:

$5 – $30MM

ORIGINATION FEE:

Up to 1.5% of the whole loan amount

PREPAYMENT:

Flexible

INTEREST RATE:

Starting at 6%

RECOURSE:

Non-recourse, with standard “bad boy” carve outs

LOAN TERM:

2 – 7 Years

Mezzanine Loans
Markets:

US: Primary & Secondary

PROPERTY TYPES:

Office, retail, industrial, multi-family, student housing, self-storage, hospitality

PURPOSE:

Acquisition, Refinance

PROPERTY PERFORMANCE:

Stabilized cash flow and light
value add

LOAN TYPE:

Fixed or Floating (LIBOR based)

LOAN TO VALUE / LOAN
TO COST:

Up to 85%

LOAN SIZES:

$2 – $10MM

ORIGINATION FEE:

Up to 2% of the mezzanine loan amount

PREPAYMENT:

Yield maintenance, open at par 60 days prior to maturity

INTEREST RATE:

Competitive

RECOURSE:

Non-recourse, with standard “bad boy” carve outs

LOAN TERM:

2 – 10 Years

Transactions

SEPTEMBER 2019

  • $6,250,000
  • Spring Valley Marketplace
  • Retail
  • Spring Valley, NY
  • Mezzanine Loan

JUNE 2019

  • $6,750,000
  • One Tower Center
  • Office
  • East Brunswick, NJ
  • Mezzanine Loan

MAY 2019

  • $4,000,000
  • 24 Commerce
  • Office
  • Newark, NJ
  • Mezzanine Loan

JANUARY 2019

  • $5,000,000
  • Embassy Suites Scottsdale
  • Hotel
  • Scottsdale, AZ
  • Mezzanine Loan

JANUARY 2019

  • $38,000,000
  • CVS Portfolio
  • Retail
  • 11 States
  • Whole Loan

JANUARY 2019

  • $2,400,000
  • Midtown Multi
  • Multifamily
  • New York, NY
  • Mezzanine Loan

DECEMBER 2018

  • $4,000,000
  • Double Tree Salt Lake City
  • Hotel
  • Salt Lake City, UT
  • Mezzanine Loan

NOVEMBER 2018

  • $5,300,000
  • Douglasville Pavilion
  • Retail
  • Douglasville, GA
  • Mezzanine Loan

OCTOBER 2018

  • $3,000,000
  • Desert Marketplace
  • Retail
  • Las Vegas, NV
  • Mezzanine Loan

SEPTEMBER 2018

  • $11,907,692
  • Network Tech Center
  • Office
  • San Antonio, TX
  • Whole Loan

MAY 2018

  • $4,900,000
  • Westin Wilmington
  • Hotel
  • Wilmington, DE
  • Mezzanine Loan

APRIL 2018

  • $5,500,000
  • The Retreat by Watermark
  • Multifamily
  • Corpus Christi, TX
  • Mezzanine Loan

DECEMBER 2017

  • $4,500,000
  • Residence Inn Pasadena
  • Hotel
  • Pasadena, CA
  • Mezzanine Loan

SEPTEMBER 2017

  • $3,107,710
  • San Mar Plaza
  • Retail
  • San Marcos, TX
  • Mezzanine Loan

AUGUST 2017

  • $5,000,000
  • University Properties Portfolio
  • Student Housing
  • Bloomington, IN
  • Mezzanine Loan

AUGUST 2017

  • $10,000,000
  • One KC Place
  • Office
  • Kansas City, MO
  • Mezzanine Loan

JULY 2017

  • $3,500,000
  • Mesa Grand Shopping Center
  • Retail
  • Mesa, AZ
  • Mezzanine Loan

JULY 2017

  • $1,250,000
  • Addison Tower
  • Office
  • Addison, TX
  • Mezzanine Loan

JULY 2017

  • $2,840,000
  • Center at Pearland Parkway
  • Retail
  • Pearland, TX
  • Mezzanine Loan

FEBRUARY 2017

  • $1,500,000
  • Five Star Self Storage Portfolio
  • Self-Storage
  • Michigan & Ohio
  • Mezzanine Loan

JANUARY 2017

  • $2,200,000
  • Double Tree Tempe
  • Hotel
  • Tempe, AZ
  • Mezzanine Loan

JANUARY 2017

  • $1,200,000
  • Plaza at Milltown
  • Office/Retail
  • Honolulu, HI
  • Mezzanine Loan

DECEMBER 2016

  • $850,000
  • Whitehall Corporate Center VI
  • Office
  • Charlotte, NC
  • Mezzanine Loan

SEPTEMBER 2016

  • $3,600,000
  • 44 Plaza
  • Retail
  • Poughkeepsie, NY
  • Mezzanine Loan

SEPTEMBER 2016

  • $360,000
  • Montgomery Village
  • Student Housing
  • Huntsville, TX
  • Mezzanine Loan

AUGUST 2016

  • $3,500,000
  • Springhill Suites/Residence Inn
  • Hotel
  • Norfolk, VA
  • Mezzanine Loan

JUNE 2016

  • $1,750,000
  • Mustang Ranch
  • Student Housing
  • Stephenville, TX
  • Mezzanine Loan

The Team

  • OUR TEAM

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    Dedicated, experienced industry professionals, with deep relationships, who think creatively.

  • Andrew Zeitman

    president
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    Andrew Zeitman joined Quadrant Finance Partners (“QFP”) as President in May 2018 and is responsible for overseeing both Quadrant Mezzanine Partners, LLC and the company’s growth and expansion into whole loan lending and servicing.  Prior to joining QFP, Andrew was Senior Vice President, Capital Markets of The Howard Hughes Corporation (“HHC”).  From the company’s IPO in 2010 through April 2018, Andrew lead a team that was responsible for underwriting, sourcing and closing on over $3 billion of project-level financings, strategic acquisitions, dispositions and joint-venture opportunities. Prior to joining HHC, Andrew was an associate with TPMC Realty Corporation, a multi-faceted commercial real estate firm based in Dallas where he conducted financial analysis on real estate acquisition and develop opportunities.  Andrew has an MBA from the Cox School of Business at Southern Methodist University and an undergraduate degree in business from the Kelley School of Business at Indiana University.

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  • Randy Fleisher

    Founder
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    Randy oversees origination, structuring and loan closing for Quadrant Finance Partners. He also serves on the Advisory Board. Until September 2016 when he founded Hamilton Realty Finance, Randy was Managing Director of Jones Lang LaSalle (“JLL”) Dallas Debt & Equity platform. Prior to joining JLL Randy was the founder of Quadrant Realty Finance (“QRF”), a boutique Real Estate Investment Banking firm located in Dallas, Texas, which JLL acquired in June, 2013. Since its formation in 2010, QRF placed over $1.5B in debt and equity financings. Prior to joining QRF, he was a Managing Director at CBRE. Prior to his employment with CBRE, Randy was an attorney with the law firm of Monk Goodwin in Winnipeg Canada, practicing real estate and commercial law. Randy holds a Bachelor of Law from the University of Manitoba, a Master of Science in Real Estate & Finance from the University of North Texas and a Bachelor of Business Administration in Finance, Investment and Banking from the University of Wisconsin.

    EMAIL

  • Michael Young

    Founder
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    Michael Young is responsible for the strategic direction of Quadrant Finance Partners, in addition to overseeing company leadership and partnerships. Michael is President of Quadrant Capital Partners, Inc., which he founded in 2003. From 1994 to 2003, Mr. Young served as Managing Director and Global Head of Real Estate for CIBC World Markets. He serves as Lead Independent Trustee of SmartCentres REIT (TSX), formerly Calloway Real Estate Investment Trust.  He served on the Board of Acasta Enterprises, Inc. (TSX) from June 2017 until his resignation in February 2018.  Mr. Young was Chairman of the Board of Milestone Apartments REIT (TSX) until it was privatized by Starwood Capital Group. He was a Director of Brookfield Residential Properties Inc. (NYSE/TSX) until it was privatized by Brookfield Asset Management. Mr. Young holds a Bachelors degree from the University of Western Ontario. He is a member of Canada’s Sports Hall of Fame.

  • Hayden Lunsford

    Originator
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    Hayden Lunsford currently works as an originator for Quadrant Finance Partners. Hayden’s responsibilities include originating debt financing for whole-loan and mezzanine opportunities, performing financial underwriting analysis, and gathering market and property data for all product types throughout the country. Hayden is a member of The Real Estate Council and received a BBA in Finance from Dallas Baptist University.

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  • Matt Welsh

    Originator
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    Matt Welsh currently works as an originator for Quadrant Finance Partners.  Matt’s responsibilities include originating debt financing for whole-loan and mezzanine opportunities, performing financial underwriting analysis, and gathering market and property data for all product types throughout the country. Prior to Quadrant Finance Partners Matt worked for Residential Recovery Partners focusing on debt and equity facility management, operations management, and ground up implementation for multiple real estate related business transactions. Matt has a BA in Economics from Princeton University and was a member of the varsity baseball team.

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  • Jenna Ladsten

    Senior Analyst
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    Jenna Ladsten currently works as a senior analyst for Quadrant Finance Partners. Jenna’s responsibilities include originating debt financing for whole-loan and mezzanine opportunities, performing financial underwriting analysis, and gathering market and property data for all product types throughout the country. Prior to Quadrant Finance Partners, Jenna worked for US Bank on their commercial real estate team. Jenna has a BBA in Real Estate and Urban Land Economics from the University of Wisconsin – Madison.

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  • Nick Cassavechia

    ADVISORY BOARD
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    Nick is the founder of Old House Capital and oversees the firm.  Old House Capital, based in Dallas, Texas, is a private investment firm focused on commercial real estate.  Prior to starting Old House Capital, Nick was the Chief Operating Officer and Partner at Frontier Equity.  At Frontier Equity, Nick oversaw their industrial investment fund, all acquisition and development initiatives and their portfolio assets.  During his time at Frontier Equity, Nick invested in $120 million of acquisitions and $65 million of developments.  Prior to Frontier Equity, Nick spent three years at Quadrant Investment Properties (QIP) focusing on acquisitions, dispositions and capital markets. Between 2014 and 2016 at QIP, Nick played an integral role in acquiring more than 1.1 million square feet of office properties totaling more than $250 million.  Before joining QIP, Nick was a senior analyst on the investment sales team at HFF, where he participated in more than $1 billion of investment sale and debt/equity transactions.  Before HFF, Nick spent two years in the Detroit Tigers minor league baseball organization after a four-year collegiate career at Baylor University where he served as team captain and graduated with a BBA in Management from the Hankamer School of Business.

  • Grant Herlitz

    ADVISORY BOARD
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    Grant Herlitz was previously the President of The Howard Hughes Corporation (“HHC”), overseeing the daily operations and developing the strategy for the company. In 2010, Mr. Herlitz played an active leadership role in the spin off of HHC as a public company out of the General Growth Properties (“GGP”) bankruptcy. At HHC, Mr. Herlitz led the company’s acquisition, development, leasing, and operating platforms, hiring over 1,500 people and growing the company from $1 billion in market cap to over $5 billion.  Over that time period Howard Hughes acquired or delivered over 15 million square feet of real estate. Prior to Howard Hughes, Mr. Herlitz was President and Chief Financial Officer of TPMC Realty Corporation, a family office where he specialized in the acquisition of distressed real estate and created value by identifying market inefficiencies and by remodeling and rehabilitating distressed assets. Mr. Herlitz moved to the United States from South Africa in 1994. He began his career in the United States as a certified public accountant and worked in both public and corporate accounting before joining Dallas-based FirstPlusFinancial Group, Inc. in 1997. Mr. Herlitz earned a Bachelor of Commerce degree (the U.S. Equivalent of Bachelor of Business Administration) from the University of Witwatersrand, Johannesburg, South Africa. He is also a member of the North Texas chapter of the Young Presidents Organization. Mr. Herlitz, his wife, and three children live in Dallas, Texas.

  • Howard Rachofsky

    advisory board
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    As a hedge fund manager for thirty years, he Mr. Rachofsky started the Regal group of companies in the 1970s, and acted as the Managing Partner of Regal Securities Investment, L. P. and President and Chairman of the Board of Regal Capital Company. A Dallas native, he earned a B.S. in economics in 1966 from the University of Pennsylvania, Wharton School of Business and later his Juris Doctorate degree in 1970 from the University of Texas at Austin. Howard also serves as an active member for several boards, such as Dia Center for the Arts in New York, the AT&T Performing Arts Center, the Dallas Symphony Association, and Lumin Education. He is also a member of the Collections and Finance Committees and on the Board of Trustees at the Dallas Museum of Art and acts as Advisory Director to the University of Texas, School of Architecture.

  • David Striph

    ADVISORY BOARD
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    David Striph is Executive Vice President-Hawaii for The Howard Hughes Corporation overseeing the company’s operating assets in Hawaii. A real estate industry veteran, Mr. Striph has financed and managed several billion dollars’ worth of real estate assets during his career, including mixed-use, retail, office and high-end residential projects. Prior to joining Howard Hughes, Mr. Striph served as Senior Man-aging Director at Westmount Realty Capital, a Dallas, Texas based real estate investor. Mr. Striph was also Managing Director at Fortress Investment Group, Vice President and Vice President Regional Manager at Fremont Investment & Loan, and President of Amresco Capital Trust. Mr. Striph began his career as a Certified Public Accountant with Ernst & Young. Mr. Striph graduated from Southern Illinois University with a B.S. in accounting.

  • David Weinreb

    advisory board
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    David R. Weinreb is the Chief Executive Officer of The Howard Hughes Corporation. Mr. Weinreb has directed the company’s efforts since its emergence in 2010, building a portfolio of some of the most sought-after real estate in the country. His vision, leadership and financial acumen led him to be named to 2012’s Top 200 CEOs in the U.S. by ExecRank, a leading authority on executive rankings. A real estate industry veteran for over 30 years, Mr. Weinreb spent 17 years as Chairman and CEO of TPMC Realty Corporation, a company he built into a multi-faceted investment firm prior to joining The Howard Hughes Corporation. Mr. Weinreb attended New York University and began his real estate career in the late 1970s in New York City. He is a member of the International Council of Shopping Centers and the Urban Land Institute. He also serves on the Advisory Council of the Lusk Center for Real Estate at the University of Southern California.

  • Michael Young

    Founder
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    Michael Young founded Quadrant Capital Partners, Inc. in 2003. From 1994 to 2003, Mr. Young served as Managing Director and Global Head of Real Estate for CIBC World Markets. He serves as Lead Independent Trustee of SmartCentres REIT (TSX), formerly Calloway Real Estate Investment Trust.  He served on the Board of Acasta Enterprises, Inc. (TSX) from June 2017 until his resignation in February 2018.  Mr. Young was Chairman of the Board of Milestone Apartments REIT (TSX) until it was privatized by Starwood Capital Group. He was a Director of Brookfield Residential Properties Inc. (NYSE/TSX) until it was privatized by Brookfield Asset Management. Mr. Young holds a Bachelors degree from the University of Western Ontario. He is a member of Canada’s Sports Hall of Fame.

LOCATION

contact

Type Of Financing:

Purpose:

Product Type: