Archetype Mortgage Capital, a commercial real estate conduit loan originator, has changed its name to Starwood Mortgage Capital. The move reflects Archetype’s former parent company LNR being acquired by Starwood Property Trust.
Barry Sternlicht, chairman and CEO of Starwood Property Trust, said “this name change is a signal to all customers, partners and employees that Starwood Mortgage Capital has the backing of a premier real estate finance company with a global reach and strong access to capital.”
Back in January, Starwood Property along with a sister company entered into the deal to
The president of Starwood Mortgage Capital, Larry Brown, said his company has the backing of its new real estate investment trust parent’s strong balance sheet to originate loans going forward.
In February, an Archetype unit contributed loans that were
Starwood Mortgage’s website said it is willing to lend on retail shopping centers, office buildings, multifamily apartment complexes, hotels, mixed-use and industrial properties located in North America. Products include five, seven and 10-year fixed-rate mortgages, bridge/transitional loans, mezzanine loans and preferred equity structures.
