Toorak Capital Partners

We are excited to catch up with #PrivateLenders industry at Geraci Conferences #Captivate2024 Aug 19-20 in Las Vegas Ketan Parekh Suzanne Kretschmer https://lnkd.in/eYSjK5dm

Toorak is thrilled to welcome our 2024 Rotational Analyst Class. We are excited to have this impressive group on board and look forward to the contributions they will make.   Joshua Burr, MSRE of University of Florida, Anna Glass, MSRE of University of Florida, Iris Jahuey-Lopez of University of Central Florida

Toorak Capital Partners and Roemanu celebrated the opening of their new #headquarters in Tampa's vibrant Water Street neighborhood with a ribbon cutting ceremony hosted by Tampa Mayor Jane Castor.   WTVT FOX 13 was there to capture the excitement: https://lnkd.in/eKgVmh2X

Last night, we celebrated the opening of our new headquarters in the downtown Water Street district of Tampa with a ribbon cutting ceremony hosted by Tampa Mayor Jane Castor. The ceremony was attended by senior members of the Toorak Capital Partners management team, Avi Korn and Kristy Gilbert from KKR and more than 50 leading members of the Tampa business and cultural community. We selected downtown Tampa for our headquarters due to its business-friendly environment, educated work force, excellent university system, strong local mortgage employment base and proximity to some of our biggest clients and markets. See links below for television and press coverage of the event. Fox 13 Tampa Bay: https://lnkd.in/eJ9JyKNS Press release: https://lnkd.in/eqgbFUWr Tampa Bay Business Journal: https://lnkd.in/eJYSHznw #Tampa #WaterStreetTampa #PrivateCredit #PrivateLending

Toorak Founder and CEO John Beacham spoke with Simon Boughey, US Editor of Structured Credit Investor, for the latest episode of the SCI In Conversation podcast. They discussed a number of timely topics, including: -Toorak’s first rated residential transition loan securitization -How a rated offering impacts the pool of potential investors -Challenges and process of obtaining a rating for a new asset class -The broader impact of rated offerings on the industry moving forward Listen to the full episode on Apple, Spotify, or at Structured Credit Investor https://lnkd.in/eu3e2N6v #RTL #realestatefinance #SCI #capitalmarkets #structuredcreditinvestor

Toorak Capital Partners is excited to announce the successful closing of the first-ever rated residential transition loan (“RTL”) securitization. The $240 million deal, Toorak 2024-RRTL, was rated by Morningstar DBRS.     Morgan Stanley led the offering and served as initial purchasers along with Deutsche Bank, J.P. Morgan, Performance Trust Capital Partners, and KKR Capital Markets.     Toorak CEO and Founder John Beacham noted: "This development is a pivotal moment for our industry and a significant step forward in the institutionalization of the RTL market.”    Read the full announcement here: https://lnkd.in/e-gaXx47 #rtl #fixandflip #realestatefinance #capitalmarkets #realestatelending

Tremendous honor to be part of the Toorak Capital Partners team that achieved the milestone of issuing the first ever rated #rtl (Residential Transitional Loan, aka #fixandflip, residential bridge) securitization. At #sfvegas this week, we are humbled by the enthusiasm from investors, partners, and counterparties. Proud to play a part in shaping the future of the RTL industry, that can now attract a broader universe of investors that rely on ratings. John Beacham Ketan Parekh #RealEstateFinance #capitalmarkets

Toorak team is proud to support and attend NPLA Conference in Miami March 7-9 Hope to see you there! John Beacham Eli Novey Ketan Parekh Suzanne Kretschmer Tony Margve

Toorak CEO & Founder John Beacham recently shared his thoughts with CBS News on how to navigate the 2024 housing market: "I expect more of a buyer's market towards the second half of 2024, with better financing options and more inventory. While prices may remain in the same ballpark, better selection is on its way." Read the full article here: https://lnkd.in/gS6WhzQE   #TheFed #realestate #homebuying #realestatemarket #mortgagerates

We hope your New Year is off to a good start! Toorak Capital Partners is excited to announce we have funded more than $12 billion in whole loans since 2016. To date, Toorak has funded more than 30,000 small-balance business-purpose loans backed by residential, multifamily, and mixed-use properties across the U.S. and the U.K. enabling the construction, renovation, or purchase of over 50,000 rental and owner-occupied housing units.   With 110 dedicated employees across 3 continents, and 100 U.S. and U.K. lending partners, we continue to lead the way in private real estate lending.