Palladius Capital Management Named “Small-Ticket Lender of the Year” in the 2024 PERE Credit Awards
Palladius Capital Management Named “Small-Ticket Lender of the Year” in the 2024 PERE Credit Awards
AUSTIN, Texas--(BUSINESS WIRE)--Palladius Capital Management (“Palladius”), a vertically-integrated real estate investment manager with both debt and equity investment strategies, is pleased to announce that it has been named “Small-Ticket Lender of the Year” in the 2024 PERE Credit Awards.
“It is an honor to be recognized by PERE Credit for the innovative financing solutions we provide to meet the specific needs of borrowers,” said Nitin Chexal, CEO of Palladius Capital Management. “Since launching our credit platform in September 2022, we have steadily grown our origination volume and expanded our relationships with a range of high-quality sponsors investing across diverse property types.”
PERE Credit is a leading source for analysis and data on the trends and competitive forces driving lenders, borrowers and institutional investors that are shaping the US commercial real estate market. The PERE Credit Awards have honored outstanding achievement among real estate private credit managers and their advisers for the past three years. This year’s awards were determined by a judging panel comprised of the editorial team, who leveraged their market knowledge and expertise to select winners. Palladius originated six loans totaling more than $85 million with an average loan size of $14.2M during the PERE Credit Awards eligibility window from November 15, 2023 and November 15, 2024.
“This award is a testament to our team’s hard work and dedication to being a creative and reliable source of capital,” said Manish Shah, Senior Managing Director of Palladius. “We thank the PERE Credit editorial team for this recognition. We look forward to continuing to grow in the year ahead and to enable borrowers to reach their goals while achieving attractive risk-adjusted returns for our investors.”
“We are proud of our team’s ability to leverage deep knowledge of various property types and experience as equity investors to structure highly customized financing solutions,” said Afshin Kateb, CFO and Senior Managing Director of Palladius. “Palladius’s ability to source deals off the market enables us to partner with superior borrowers on multiple transactions and provide bespoke financing solutions and superior execution.”
About Palladius Capital Management
Palladius is a diversified real estate investment manager that leverages institutional best practices, technology and operational expertise to drive value creation for institutional and individual investors through private wealth channels. Led by a team of commercial real estate, finance, and corporate operations veterans, Palladius pursues value-add and core-plus strategies targeting multifamily, student housing, hospitality and other thematic investment strategies through its affiliates. Palladius also originates debt investments and acquires whole loans through its private REIT, Palladius Income Fund. Based in Austin, TX, Palladius, through its affiliates, manages and operates approximately $950 million of real estate across the U.S. and is focused on building a highly progressive platform that promotes diversity and inclusion. To learn more, visit www.palladius.com.
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