New Joint Venture Offers Full Spectrum of Commercial Financing Services
Online PR News – 07-July-2011 – – SAN DIEGO, Calif. (July 6, 2011) – In a move designed to offer investors and sellers a broader menu of financing options, Trigild -- a San Diego-based management, loan recovery and real estate specialist -- has joined forces with Terra Academy Partners, specializing in real estate finance and investment, to form Trigild Financial Services.
According to Jason Hull, Trigild’s managing director of commercial real estate, Trigild Financial Services is overseen by industry veterans with years of experience in property investment, commercial lending, mortgage brokerage experience and asset disposition -- providing financing solutions to investors and sellers for commercial property transactions of all scopes and sizes.
Trigild offers considerable asset management, receivership, and disposition infrastructure, in addition to vast industry resources and lender relationships, Hull said. This, combined with Terra Academy Partner’s extensive real estate financial expertise, makes Trigild Financial Services uniquely qualified to provide a comprehensive spectrum of services, ranging from acquisition financing and recapitalization of existing properties, to gap financing -- including interim, bridge, preferred equity and mezzanine financing.
“We’re eager to collaborate with Terra Academy Partners, and are confident Trigild Financial Services will offer valuable expertise to the industry as the need for financing options accelerates,” said Hull. “Terra Academy Partners is a recognized industry leader, and working together enables us to better service our clients, while fueling the continuing expansion of Trigild’s commercial and industrial portfolio.”
Headquartered in San Diego with regional offices throughout the country, Trigild has more than 30 years of expertise in managing a wide array of distressed commercial real estate assets and operating businesses. Specializing in non-performing commercial loans, Trigild combines receivership, operations management, and disposition services under one roof -- for maximum loan recovery. Trigild is located at 12707 High Bluff Drive, Suite 300, San Diego, 92130. For further information, visit www.trigild.com.
About Terra Academy Partners
With offices in San Diego and New York, Terra Academy Partners is a real estate finance and investment company with decades of real estate investment, finance, development and mortgage brokerage experience. Over the past ten years, its senior management has originated, financed and managed investments in 20 million square-feet of commercial property valued at over $3.6 billion.
CONTACT: Sydnie Moore (619) 823-8448