Thorofare Capital Continues Growth with Two Power Hires

LOS ANGELES - Sept. 22, 2014 - PRLog -- Thorofare Capital, a Los Angeles-based alternative investment manager, announced today that Ginn Downing has joined the firm as Senior Vice President, Originations, and Rizwan Mahmud has joined the firm as Director of Investments.

Ms. Downing joins Thorofare with more than 20 years of experience in commercial real estate finance, in which she closed more than $4.5 billion in financings secured by commercial real estate assets throughout the United States. At Thorofare, Downing will be responsible for identifying, qualifying, structuring, and closing new investment opportunities for the company’s various investment vehicles.In addition to loan originations, Downing also brings substantial experience in financial analysis, underwriting, structuring, credit, asset workouts and negotiations, in addition to extensive relationships with commercial brokers, bankers, referral partners and business owners.

“Ginn has been recognized as a top national producer and performer, consistently achieving high quality loan production throughout her entire career and is a tremendous addition to our team,” said Thorofare CEO Kevin Miller.

Most recently, Downing was Branch Manager, Vice President, Commercial Real Estate Lending at ReadyCap Commercial. Previously, she served as Co-Founder/Chief Operation Officer/Chief Financial Officer for Downing Design, where she consulted with regulated banks, funds, real estate owners, buyers and sellers of NPLs and more. Downing was also a Fund Manager of the Capmark High Yield Debt Fund, where she originated new loans, conducted business development, served on the credit committee, and also worked within surveillance and asset management. Downing’s first origination position was at Fremont, where she originated highly structured loans for reposition and construction.

As Director of Investments, Mr. Mahmud will be responsible for analyzing and structuring new commercial real opportunities for the firm’s private debt investment vehicles.

Mr. Mahmud comes to Thorofare from Värde Partners, an $8.5 billion global alternative investment firm, where he was responsible for managing various investments in commercial real estate and other illiquid assets. Prior to Värde Partners, he was a Research Analyst at P. Schoenfeld Asset Management focusing on real estate securities. Mr. Mahmud began his career at Goldman Sachs working on the Real Estate Securities team and in the Hedge Fund Strategies Group.

“Riswan’s knowledge of the market and track record in the financial and real estate sectors will prove a significant value-add as we grow our portfolio and continue to build our reputation as a boutique, institutional quality lender,” said Miller.

About Thorofare Capital:

Los Angeles-based Thorofare Capital is an alternative investment manager focusing on originating, funding, and servicing $2 million to $25 million short term and medium term commercial real estate loans nationwide.  Thorofare is currently deploying capital through discretionary, closed-end debt funds and managed accounts to provide flexible financing nationwide to qualified borrowers.  For more information, please contact: info@thorofarecapital.com or 213-873-4000.