Capmark Financial Group

On January 14, 2010, Capmark Investments agreed to sell its management contracts and general partnership interest in its real estate equity funds. On January 15, Capmark Investments LP, a subsidiary guarantor of Capmark’s corporate debt obligation, joined Capmark and its other subsidiary guarantors in its Chapter 11 proceedings. Capmark Financial Group Inc. and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in October 2009. In March 2010, TRECAP Partners acquired the real estate equity investment advisory business of Capmark Investments, including investment management contracts and general partnership interests in its real estate equity funds. Capmark Financial Group provides a broad range of financial services to investors in commercial real estate-related assets. Capmark has three core businesses: lending and mortgage banking, investments and funds management, and servicing. The firm operates in North America, Europe and Asia. Its products include private funds and separate accounts in equity real estate and higher-yield mortgage strategies.Read more ⏷