Derek has over 13 years of experience in the commercial real estate and CMBS industry, of which 8 years have been spent in the European Commercial Real Estate debt capital markets where Derek served as a founding member of Deutsche Bank’s commercial real estate and DECO CMBS platform in Europe and, subsequently, as head of distribution for commercial real estate products for UBS.
Prior to moving to Europe, Derek worked for Deutsche Bank and Goldman Sachs in New York focused on CMBS loan origination and syndication.
Derek will report to Matthias Schlueter, COO and managing director and will be assisting in expansion of LNR’s loan and asset services platform across Europe.
Toby Cobb, co-CEO, LNR Property, commented:
“We are delighted to announce that Derek has joined our expanding business in Europe.
"We believe there will be tremendous investment opportunities in Europe for opportunistic capital, and our capabilities in distressed commercial real estate around due diligence, business planning, asset resolutions and/or liquidation put us in a unique position in the UK and Continental European markets.
"With the addition of Derek, our European platform will expand its capabilities to help our clients, investors, and stakeholders to pursue better these opportunities.”
Matthias Schlueter, COO, LNR Partners Europe, commented:
"Derek has strong industry knowledge having spent a majority of his professional career in Europe, and we believe he will be instrumental in assisting in our expansion of what is already an industry-leading servicing and asset management platform.”
Derek Rich, director of investment management, LNR Partners Europe, comments:
“LNR Partners Europe and Hatfield Philips are uniquely positioned to leverage its market leading servicing and asset management platform to take advantage of significant opportunities in the European commercial real estate debt and equity capital markets.
"I am very excited to join LNR’s global business with a view to grow the core business and help position the firm to compete on new business opportunities in Europe with our existing investors and co-venture capital partners.”
