A10 Capital Hires Veteran Commercial Real Estate Financier To Head Up Texas Markets

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Mon Oct 5, 2009 11:02am EDT

Former CMBS Rainmaker Mark McClure Added to Management Team
DALLAS--(Business Wire)--
A10 Capital, a fully integrated firm that finances commercial real estate and
provides services to resolve troubled assets, announced today that it has hired
Mark McClure to head up its Texas office. 

"We are very pleased to welcome Mark McClure to our team," said Jerry Dunn, CEO
of A10 Capital. "His track record of 25 years of commercial real estate finance
experience in Texas will be a great asset to our firm in a market where we see a
great deal of growth potential." 

As EVP of the Texas Markets, Mark will be responsible for sourcing all new
business opportunities in the Texas markets including first mortgage loans, note
acquisition financings, mezzanine loans, equity investments, and troubled asset
advisory engagements. Mark has originated, underwritten, structured, and
financed in excess of $4 billion of commercial real estate while holding senior
level positions with the following major institutions: Morgan Stanley, Goldman
Sachs (Archon Financial), Credit Suisse (Column Financial), and New York Life. 

Mark also brings additional troubled asset advisory expertise to A10 Capital
through his past experience with the Resolution Trust Corporation (RTC) in the
late 1980s. As an employee of the RTC, Mark was responsible for the valuation,
asset management, marketing, and successful disposition of the commercial real
estate portfolio of a failed Southwest bank that was comprised of 225 properties
with a cumulative book value of $1 billion. 

"A10 Capital's platform provides borrowers with prompt and reliable feedback
allowing transactions to close in a timely manner which is critical in today`s
market," said Mark McClure, EVP of the Texas Markets. "My mandate is to fund
commercial real estate loan opportunities which possess sound real estate
fundamentals, but are unable to find financing due to the rigid and onerous
underwriting criteria which persist in today's lending environment.
Unfortunately, the capital flow pendulum has once again gone from one extreme to
the other, making it very difficult for investors to secure financing for their
commercial real estate transactions. A10 Capital`s products include `nearly
bankable' senior loans, note acquisition financing, and mezzanine loans,
providing investors with competitive financing alternatives in today`s
challenging landscape." 

About A10 Capital

A10 Capital is a fully integrated firm that finances commercial real estate and
provides advisory and management services for the workout of all types of
troubled loans and real estate assets. A10`s team has closed over $20 billion of
commercial transactions and has significant experience operating in distressed
environments dating back to the RTC in the l980s. 

A10 has over $100 million of dry powder available to operate its four lines of
business: A10`s Lending Group originates first mortgage commercial real estate
loans and provides financing to investors for distressed debt purchases secured
by commercial real estate. A10`s Bank Solutions Group provides advisory,
consulting, and management services to resolve all types of troubled loans and
real estate assets. A10 can also provide capital to assist banks with the
resolution of certain commercial real estate loans and assets. A10`s TIC
Solutions Group provides asset management and develops workout and turnaround
strategies for distressed Tenants-in-Common (TIC) properties. A10`s Investments
Group provides capital (mezzanine debt and equity) in situations in which its
capital and expertise can help to turnaround and create significant value in a
commercial property. A10 Capital is headquartered in Boise, ID and has offices
in Seattle, WA, Denver, CO, Salt Lake City, UT and New York, NY. For more
information visit: 

http://www.a10capital.com.

CNC Associates
Cathy Clarke, 508-833-8533
cathy@cncassocs.com

Copyright Business Wire 2009

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