Tributary Real Estate Launches New CRE Lending Division
Tributary Real Estate, a Colorado-based fully integrated commercial real estate firm that offers a customized approach to brokerage, development and investment, recently launched a new commercial real estate lending division to provide the Colorado marketplace with efficient and competitively priced financing options. Tributary Lending focuses on non-recourse bridge loans for acquisition to lease-up/value-add and covenant defaults.
Dave Lederhos, an industry veteran with two decades of experience in sourcing, underwriting and financing commercial properties in Colorado, has concurrently been named managing partner charged with leading the Tributary Lending team. Lederhos has overseen more than $2 billion of capital deployment into Colorado CRE assets and analyzed more than $10 billion in opportunities.
“At this stage of the commercial real estate cycle, there is an appetite within the marketplace for alternative funding sources,” said Ryan Arnold, founding partner at Tributary. “With Dave’s expertise, we are able to provide efficient and competitively priced financing options, adding to our comprehensive suite of services that cover the entire commercial real estate lifecycle.”
Lederhos’ strong understanding of the Colorado market has earned him a reputation as a top producer with a demonstrated track record of success, having managed multiple CRE loan portfolios ranging in size from $50 million to $300 million.
“The Denver metro area, in particular, remains among the top markets in the U.S. for property investment because of its strong economic fundamentals,” added Lederhos. “As a local firm, our size and market expertise give us the agility to make decisions quickly, often providing term sheets within a few days and closing loans in as little as two to four weeks.”
Tributary Real Estate is committed to building long-term relationships with its stakeholders through an integrated approach to brokerage, development, investment and lending.