CHICAGO – Rushi Shah, principal and CEO of Aries/Conlon Capital, is pleased to announce that Francisco Nacorda has joined the firm as Senior Vice President and will lead the boutique commercial mortgage banking firm’s originations business in Orlando, Florida.
“We would like to welcome Francisco to the Aries/Conlon Capital team. He is an experienced veteran of the commercial mortgage industry and a well-respected and sought after speaker on the topic,” said Shah. “He will lead our Central Florida presence, relying on his extensive resources and network to source and underwrite bridge and permanent debt for owners throughout the Southeast region and nationwide.”
In his new role as Senior Vice President with Aries/Conlon Capital, Nacorda will be responsible for arranging bridge and permanent debt on behalf of owners of all commercial property types nationwide. He has nearly 25 years of experience in the commercial real estate industry and has successfully closed over $1.6 billion in financing for his clients during his career. Prior to joining Aries/Conlon Capital, he served as Senior Executive Vice President of LD Capital for six years; where he sourced, originated, underwrote and structured debt and equity for mid-to-large balance commercial transactions. He first developed his financial expertise leading regional and national wholesale banking divisions for banks, REITS and publicly-traded RMBS lenders affiliated with Merrill Lynch and Lehman Brothers, and has served as a regional credit manager as well as held positions in sales, underwriting and operations.
“It is a privilege to join the Aries/Conlon Capital team,” said Nacorda. “I’ve known Rushi and Aries Capital for years, and have witnessed the same level of commitment and ability to successfully deliver for their clients as I have always provided. I look forward to mutually expanding our relationships, expertise and market knowledge to bring an even higher level of service to our clients nationwide.”
Nacorda is highly active within the Asian American Hotel Owners Association (AAHOA), American Hotel and Lodging Association (AHLA), and is also a member of the International Council of Shopping Centers (ICSC ). Nacorda will focus on originations of debt deals for hospitality, office, industrial, self-storage, and mixed-use projects. He studied Finance at Wayne State University in his hometown of Detroit, Michigan and also holds a Florida Real Estate License. Nacorda will be exhibiting at the upcoming ICSC RECon in Las Vegas at the Aries/Conlon Capital booth SF23.
About Aries/Conlon Capital
Chicago-based Conlon Capital, an international full-service commercial mortgage and real estate investment banking firm, is a division of Conlon & Co. and the result of a merger between Conlon & Co.’s Capital Markets Group and Aries Capital, LLC’s Commercial Mortgage Banking Group. The boutique firm offers preferred access to best-in-class debt placement, equity arrangement, tax credit syndication, real estate brokerage and advisory through a high-touch, disciplined approach that leverages its extensive lending relationships and deep-rooted client and equity sponsors. Collectively the firm has funded more than $8 billion in debt, equity, tax credit and mezzanine financing for hotel, multifamily, office, retail, industrial, healthcare, self-storage and special purpose properties throughout the United States, Caribbean and Europe. For more information please visit www.conloncapital.com or www.ariescapital.com.