NEWPORT BEACH, CA (2023) - LoanSpace, the modern command center for commercial credit powering billions in assets on behalf of commercial lenders, servicers, and brokers, today announced its selection by ArrowMark Partners for commercial real estate credit data management technology. Through the partnership, ArrowMark's origination, servicing, asset management, and capital markets teams will gain access to LoanSpace's platform to aggregate, operate, and elevate their commercial credit portfolios using data management technology for:
Origination teams to maximize sourcing, underwriting, workflow, and closing of new business.
Servicing teams to minimize onboarding, billing, collections, remittance, and compliance.
Asset Management teams to monitor performance, variance, covenants, and reforecasting along the forward rate curve.
And, Capital Markets teams to maximize participation, syndication, and securitization opportunities across the secondary landscape.
"LoanSpace's technology opens up an unprecedented opportunity to unlock scale and enhance returns across our commercial real estate credit portfolio," said Kirk Reid, Chief Operations and Technology Officer at ArrowMark Partners. "With a unified golden record of our data, operations, and relationships, LoanSpace positions us to grow exponentially via automation rather than linearly via hiring."
"Investing in best-in-class technology is an absolute requirement and will be a major differentiating factor across commercial real estate credit platforms. Enhanced data and transparency will assist us with our goal of providing our clients with superior investment performance and risk management," added Matt Michalovsky, Managing Director at ArrowMark Partners.
"ArrowMark Partners is an ideal commercial lender to deepen LoanSpace's track record in commercial real estate credit technology," said Max Ellerhorst, President at LoanSpace. "With a robust portfolio representing more than one billion dollars of commercial real estate credit on behalf of premier institutional capital sources, ArrowMark Partners is unique in its understanding and readiness to exceed using technology. We could not be more excited to prove these outcomes at ArrowMark."
ArrowMark Partners is an employee-owned investment management firm founded in 2007. Today, ArrowMark manages $24.6 billion in assets on behalf of a broad array of institutional clients and professional asset allocators across public and private equity, structured credit, and commercial real estate finance investment strategies, as well as through the management of broadly syndicated and middle-market CLO funds.Our unique approach, based on the team's collective experience navigating market cycles, provides extensive insights across the capital structure and a skilled understanding of how to manage complex risk/reward tradeoffs through fundamental research.
To learn more about ArrowMark Partners, visit https://arrowmarkpartners.com.
For future updates on LoanSpace's growth, visit https://loanspace.com.