Long-Time Partners Form Lucent Capital to Provide Lenders, Owners and Investors a Full Range of Real Estate Capital Services

LOS ANGELES--(BUSINESS WIRE)--Since 2004, Farzin Emrani, Shlomi Ronen and Steven Yazdani have worked together in real estate finance, from equity and debt placement for commercial real estate investors and developers to loan sale advisory on behalf of financial institutions. Today the team announced the formation of a new company, Lucent Capital, to apply their combined knowledge of real estate capital markets, global relationships and commercial real estate expertise to creating capital solutions for today’s complex real estate environment.

“There is not a one-size-fits-all approach that can achieve the desired results for these institutions. We perform a comprehensive due diligence and pricing analysis of the portfolio and construct a solution that can achieve the maximum return”

Lucent Capital’s management team has arranged and structured more than $4 billion of real estate capital for premier owners, investors and developers in the last five years. In addition, they marketed more than $1 billion in loan sales in 2009 throughout the United States and Mexico.

“Our primary focus will be on two business lines, loan sale advisory and equity and debt placement, unlike many firms that specialize in just one area. With our broad experience and relationships we have the ability to connect the right capital with the right opportunity, which is a strong advantage for our clients,” said Shlomi Ronen, managing director.

Equity & Debt Placement

Lucent Capital’s executives have worked with many of the nation’s top owners, investors and developers to arrange and structure debt and equity financing for commercial real estate. Whether an asset level investment or entity level investment, Lucent Capital has the depth of market knowledge and capital relationships to structure equity investments. The firm’s skilled underwriting and analysis capabilities has led to its successful placement of all types of debt financing including construction, permanent and bridge loans.

“We are at the forefront of capital market trends with access to traditional and non-traditional capital across the globe to finance transactions in the U.S. and Mexico,” noted Farzin Emrani, managing director. “We strategically match clients with capital partners that share similar investment goals and operating philosophies.”

Loan Sale Advisory

Lucent Capital manages loan sales on behalf of a variety of institutional owners including banks, pension funds, insurance companies and investment banks. The company provides a customized sales process and strategy tailored specifically to the needs of each seller. Lucent Capital also has a substantial global database of qualified investors to market loan sale opportunities.

“There is not a one-size-fits-all approach that can achieve the desired results for these institutions. We perform a comprehensive due diligence and pricing analysis of the portfolio and construct a solution that can achieve the maximum return,” observed Steven Yazdani, managing director. “Throughout the sales process we maintain regular contact with the institution’s decision makers and keep them informed at every step in the process.”

Lucent Capital currently has affiliate offices in Mexico City and London and is expanding its network to select US and international markets. “We are currently evaluating affiliate relationships in Orlando, Tel Aviv and Hong Kong,” added Mr. Ronen.

Emrani, Ronen and Yazdani most recently opened the Los Angeles office of Carlton Advisory Services. They previously worked together at George Smith Partners.

About Lucent Capital

Headquartered in Los Angeles, Lucent Capital provides global real estate capital solutions for investors, developers and financial institutions throughout the United States and Mexico. The company’s multiple financing platforms, broad capabilities and global network provides its clients with a strategic competitive advantage and allows it to achieve superior results. For more information: www.lucentcapital.com.