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Exantas Capital Corp. Expands Its Lending Platform To Include Fixed-Rate Commercial Real Estate Loans, Enhancing Options for its Borrowers

February 25, 2020 / prnewswire
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Exantas Capital Corp. (NYSE: XAN) (the "Company" or "Exantas") announced that it has expanded its commercial real estate debt platform to include fixed-rate commercial real estate loans through the integration of C-III Commercial Mortgage with its affiliate and external manager, Exantas Capital Manager. The integration enhances the Company's commercial real estate market presence and provides its borrowers a comprehensive offering of transitional to permanent financing solutions.  Since 2010 C-III Commercial Mortgage, a leading originator of commercial real estate loans, has originated $3.2 billion of fixed-rate loans and $2.1 billion of floating-rate loans.Paul Hughson, Exantas's Head of Commercial Real Estate Lending, commented: "We are pleased with the opportunities created for Exantas today through our integration of C-III Commercial Mortgage's well-established fixed-rate origination business.  Exantas is now able to provide its custom...