Formerly
LaSalle Mortgage Real Estate Investors (LMREI) is a U.S. commercial real estate bridge lender providing short term, floating rate loans to middle-market commercial real estate sponsors seeking hand crafted real estate solutions.
Our primary focus is on originating new bridge loans for value-add and transitional properties in sustainable growth markets throughout the United States. We underwrite each transaction bottom-up through an equity owners’ lens making sure that all interests are aligned and there is a clear exit strategy.
Our cycle-tested management team and vertically integrated platform has successfully closed over $4 billion in transactions across all primary commercial real estate property types. LMREI seeks to generate favorable risk-adjusted returns for investors by targeting middle market bridge loans to experienced sponsors with business plans that generate increasing operating income through value-add capital improvements, leasing strategies, and active asset management.
Selected loan transactions for hotel and hospitality properties throughout the United States.
Selected loan transactions for multifamily properties throughout the United States.
Selected loan transactions for office and industrial properties throughout the United States.
Glenn A. Sonnenberg is President and CEO of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). He has been directly responsible for the acquisition, management and/or disposition of over $6.0 billion of real estate and debt investments in the United States and Canada, as well as the issuance of over $1.0 billion in collateralized debt obligations.
Prior to joining Latitude Management Real Estate Investors, Glenn served as Managing Director of Prudential Carbon Mesa, where he was co-CEO and the senior executive for funds management and served as acting-COO of the parent (NASDAQ:WMFG). Previously, he was President of ING Real Estate Investors and Executive Vice President of Kearny Street Real Estate Company (a subsidiary of Morgan Stanley), both opportunistic real estate investors and managers.
Glenn serves on the Board of Directors and Executive Committees of Bet Tzedek—the House of Justice, Stephen S. Wise Temple, the USC Libraries Board of Counselors and Para los Niños. He serves on the Board of Directors of the Jewish Federation of Greater Los Angeles and the USC Gould School of Law Board of Counselors. He previously served on the Board of Trustees of the University of Southern California.
A graduate of the University of Southern California, B.A. 1977, History, magna cum laude, phi beta kappa, Glenn also received his J.D. in 1980 from USC. He began his career as a real estate and finance partner in the Los Angeles law firm of Allen, Matkins, Leck, Gamble and Mallory. He is a member of the State Bar of California and the Los Angeles County Bar Association. He frequently speaks on real estate investment and finance. He received the USC Alumni Service award in 2004 and the Bet Tzedek Lainer award in 2005 and the Jewish Federation Legal Division Maimonides award in 2015.
Chip is Executive Vice President of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors).
Prior to joining Latitude Management Real Estate Investors, Chip was a Principal at Prudential Carbon Mesa where he was chairman of the credit committee for the company and its funds. He was also responsible for reporting and compliance functions at PCM. From 1995 to 1998 he was Vice President and Senior Portfolio manager at ING Real Estate Investors and was the chief operational officer responsible for the Mountain AMD portfolio, which was one of two public-private partnerships in which the FDIC participated. Through the term of this partnership Chip was the FDIC’s primary contact on this portfolio. He was also responsible for the management and disposition of ING’s B piece portfolio, and worked with Glenn Sonnenberg to successfully obtain a Special Servicer rating for ING Real Estate Investors.
Prior to his work at ING, Mr. Sellers worked for First Nationwide Bank and was one of the two principals responsible for the formation of Mountain AMD and the sale of FNB’s interest in that portfolio to ING. His other duties at FNB included credit monitoring and his role as a lead participant on the real estate portfolio annual reserve reviews by the FDIC and OTS. Prior to his work at FNB, he was First Vice President of Security Pacific National Bank after beginning his career at Merrill Lynch Capital Markets.
Chip graduated with honors from Carleton College in Northfield, Minnesota, with a BA in economics and received his MBA in finance from the University of California at Los Angeles.
Craig is a Managing Director of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). He leads the originations team, with responsibility for the sourcing, pricing, structuring, underwriting, and closing of equity and debt investments. He also heads-up the firm’s hotel investment portfolio. Since joining the firm in 2005, he has been directly involved in the acquisition and origination of over $3 billion in equity and debt investments. Craig serves on the company’s investment committee.
Prior to joining LMREI, Craig was a Director in the New York office of Andersen Corporate Finance LLC, a middle market investment bank. He was responsible for mergers & acquisitions and structured finance transactions, as well as providing specialized corporate finance advice.
Craig received a Master of Real Estate Development from the University of Southern California, and a Bachelor of Commerce and Master of Economics degree from the University of Auckland, New Zealand.
Brett is an Investment Committee member for LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors).
From 1990 to 2004 Brett was at Heitman/JMB where he served several positions, culminating in partnership. He worked on over $1 billion in real estate workouts, acquisitions, developments restructurings and financings. During his tenure at the company Brett was involved in various types of assets including multifamily and condominium projects. Also, while with the company, he worked on joint venture fund programs including, a land venture with California’s largest home builder as its partner as well as the creation of a South American commercial real estate investment fund. After departing from Heitman/JMB, Brett created, ran, partially owned and raised the money for two separate strategic joint ventures with one of the country’s largest public pension funds as its lead investor and a large public developer as a co-owner. Collectively, those two ventures targeted $140 million to invest in inner city neighborhood retail throughout the country.
Brett holds a Bachelor of Science and Arts degree in Real Estate and Finance from the University of Denver and a Masters in Communications degree from Loyola University. Mr. Mayer sits on the board of the USC Ross Minority program and ANERA, a refugee aid program.
Craig is a Managing Director of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). He leads the originations team, with responsibility for the sourcing, pricing, structuring, underwriting, and closing of equity and debt investments. He also heads-up the firm’s hotel investment portfolio. Since joining the firm in 2005, he has been directly involved in the acquisition and origination of over $3 billion in equity and debt investments. Craig serves on the company’s investment committee.
Prior to joining LMREI, Craig was a Director in the New York office of Andersen Corporate Finance LLC, a middle market investment bank. He was responsible for mergers & acquisitions and structured finance transactions, as well as providing specialized corporate finance advice.
Craig received a Master of Real Estate Development from the University of Southern California, and a Bachelor of Commerce and Master of Economics degree from the University of Auckland, New Zealand.
Colleen serves as Principal of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). She is responsible for the sourcing, structuring, underwriting, and closing of debt and equity investments across all commercial real estate property sectors. Ms. Carolan also asset manages a variety of asset types in several markets throughout the country. She offers a broad background in real estate management and financial analysis, and possesses diverse experience in asset management, portfolio management, transaction closings, loan originations, dispositions and workouts, property management and investor relations.
Prior to joining Latitude, Colleen worked at Heitman from 2000 to 2011 in several positions. As Vice President of the Loan Origination, Servicing and Portfolio Management division, she managed a $750 million portfolio of loans consisting of all asset types located in various markets throughout the United States. She was also responsible for property operations, dispositions, financing, loan workouts, construction management and investor reporting. Colleen started her career at Heitman as a portfolio fund accountant for the private real estate equity division.
Colleen holds a B.S. in Accounting from DePaul University.
Kevin is a Principal of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). He is responsible for the sourcing, pricing, structuring, underwriting, and closing of debt investments across all commercial real estate property sectors.
Kevin was a Principal of Latitude from 2002 through 2008 and underwrote, structured, closed and asset managed, $600 million of bridge loans across all asset types. Before re-joining Latitude, he was a Vice President with Wells Fargo and was responsible for underwriting, structuring, closing and asset management of over $350 million in bridge and term loans for institutional and high net worth individuals across multiple asset types. Additionally, he served as a Senior Asset Manager in the ORE group of Wells Fargo, where he was responsible for the management and disposition of bank owned commercial real estate. Prior to that, he was an Investment Analysis Director for CIM Group where he was responsible for the acquisition and disposition of commercial real estate. He also served as Assistant Vice President with WMF Capital Corporation where he was responsible for underwriting conventional, mezzanine, and bridge financing. Kevin has held various positions within the real estate community as a principal and associate.
Kevin received a Master of Real Estate Development from the University of Southern California, and a B.S. in Sociology from the University of California, Santa Barbara.
Mark is a Principal of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). Mark is responsible for the sourcing, pricing, structuring, underwriting, and closing of debt investments across all commercial real estate property sectors.
Mark was an Associate Vice President of Latitude from 2010 through 2014 and underwrote, structured, closed and asset managed approximately $400 million of bridge loans across all asset types. Before re-joining the company, Mark was an Associate Director with LRC Properties based in New York. LRC Properties focused on acquiring value add office, industrial and retail properties along the East Coast. During his time at LRC, Mark was responsible for underwriting, closing and managing the company’s southeast office and industrial portfolio.
Mark attended Loyola Marymount University in Los Angeles and received a B.S. degree in Finance and International Business. Mark was a member of the Division I men’s water polo team and currently serves as a co-chairman of the Lions Water Polo Association.
Luke is a Vice President with LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). He is responsible for the day to day asset management for all LMREI funds in performing and non-performing debt and equity investments, including servicing and reporting.
Throughout the last five years at the Company, Luke has managed over $2 billion in debt and equity investments for various property types including multifamily, retail, office, industrial and hospitality, as well as over $500 million in loan restructuring and over $100 million in REO disposition.
Luke received a BA degree in 2006 from the University of California, Los Angeles.
Eli is a Vice President at LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors) and is responsible for assisting in loan origination, financial reporting and asset management of mortgage and equity products originated, purchased, or owned by one of the funds managed by LMREI.
Prior to joining the Company, Eli worked as the Acquisitions and Portfolio Manager for a local private equity firm, Sterling Capital L.P. He has also held internships in real estate management and real estate brokerage in the Los Angeles area.
Eli holds a B.A. in Sustainable Planning and Real Estate Development from University of Southern California.
Ryan is a Vice President at LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). Ryan is responsible for the sourcing, pricing, structuring, underwriting and closing of debt investments across all commercial real estate property sectors.
Prior to joining Latitude Real Estate Investors, Ryan was Vice President of Originations at Calmwater Capital and was responsible for the sourcing, underwriting and execution of capital placement opportunities within the Company. Additionally, he was an Investment Manager at LS Capital, Inc., a fully integrated private equity company that focuses on the acquisition of value-add and opportunistic fee simple real estate and performing and non-performing loans secured by real estate and corporate assets. Ryan began his real estate career in 2005 when he joined the Los Angeles office of Dwyer-Curlett & Co., a Southern California mortgage banking company.
Ryan grew up in Columbus, Ohio and earned his degree in Business Administration with an emphasis in Finance and Entrepreneurship from the University of Colorado at Boulder. He currently sits on the Board of Advisors for Opus Connect’s Los Angeles Real Estate Chapter.
Ryan is an Associate at LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors) and is responsible for assisting in loan origination, financial reporting and asset management of mortgage and equity products originated, purchased, or owned by one of the funds managed by LMREI.
Prior to joining LMREI, Ryan worked as an Associate with Azzi Advisors, where he developed and executed various real estate investment strategies specializing in multifamily assets. Prior to working with Azzi Advisors, he was with Morgan Stanley’s Fixed Income & Commodities group, processing single asset and portfolio (CMBS) loan requests as a summer analyst.
Ryan graduated from the University of Michigan in 2015, where he studied History and Business.
Samuel is an Associate at LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). He joined the team in 2016 from San Francisco, and is responsible for assisting in loan origination, financial reporting and asset management of mortgage and equity products originated, purchased, or owned by one of the funds managed by LMREI.
Prior to joining the Company, Samuel worked as a Cloud Applications Consultant at Oracle where he helped small businesses transition to cloud-based CRM. He has also held an internship at the Brookings Institution in Washington D.C. and a recruiting role at the American Automobile Association.
Samuel holds a Bachelor of Arts degree in Media Studies from the University of California, Berkeley.
Jackson is an Analyst at LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors), and is responsible for assisting in loan origination, financial reporting and asset management of mortgage and equity products originated, purchased or owned by one of the funds managed by LMREI.
Prior to joining the Company, Jackson interned at Macerich, where he helped to budget and forecast financials. He also held an internship at Pinecrest Partners, a student housing developer, where he performed market research, monitored construction progress, and crafted marketing strategies during the lease-up.
Jackson graduated from the University of Oregon in 2017. He received his B.S. in Business Administration with a Concentration in Finance, and a minor in Economics.
Chip is Executive Vice President of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors).
Prior to joining Latitude Management Real Estate Investors, Chip was a Principal at Prudential Carbon Mesa where he was chairman of the credit committee for the company and its funds. He was also responsible for reporting and compliance functions at PCM. From 1995 to 1998 he was Vice President and Senior Portfolio manager at ING Real Estate Investors and was the chief operational officer responsible for the Mountain AMD portfolio, which was one of two public-private partnerships in which the FDIC participated. Through the term of this partnership Chip was the FDIC’s primary contact on this portfolio. He was also responsible for the management and disposition of ING’s B piece portfolio, and worked with Glenn Sonnenberg to successfully obtain a Special Servicer rating for ING Real Estate Investors.
Prior to his work at ING, Mr. Sellers worked for First Nationwide Bank and was one of the two principals responsible for the formation of Mountain AMD and the sale of FNB’s interest in that portfolio to ING. His other duties at FNB included credit monitoring and his role as a lead participant on the real estate portfolio annual reserve reviews by the FDIC and OTS. Prior to his work at FNB, he was First Vice President of Security Pacific National Bank after beginning his career at Merrill Lynch Capital Markets.
Chip graduated with honors from Carleton College in Northfield, Minnesota, with a BA in economics and received his MBA in finance from the University of California at Los Angeles.
Melody is a Vice President of LaSalle Mortgage Real Estate Investors (Formerly Latitude Management Real Estate Investors). She is responsible for the reporting and compliance functions for all funds, ESG objectives and financing facilities such Collateral Loan Obligations (CLOs). Melody is also responsible for sourcing, pricing and closing of securities such as CMBS and CRE CDO. Since joining the Company, she has been involved in closing of over $200,000,000 in securities.
Melody received a Bachelor of Science degree in Business Administration with a concentration in Corporate and Real Estate Finance from the University of Southern California and holds a Real Estate Brokers License.
Hayley is an analyst at LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). She joined the LMREI team in 2017 when she moved to Los Angeles from New York City. Haley maintains the back end of our financial system and assists with the reporting and compliance functions for our funds.
Prior to joining the Company, Haley worked in the Data Science Department at Medavante-ProPhase where she developed systems to provide companies with faster, more certain decision-making power. She grew to a leadership role where she oversaw the entire data management team for the largest independent rater study in the world, and successfully led the data management portion of multiple Phase II and III studies, many of which were ultimately approved by the FDA.
Haley holds a B.A. from the University of Wisconsin-Madison where she graduated cum laude with honors. She is a certified Lean Six Sigma Yellow Belt.
Glenn A. Sonnenberg is President and CEO of LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors). He has been directly responsible for the acquisition, management and/or disposition of over $6.0 billion of real estate and debt investments in the United States and Canada, as well as the issuance of over $1.0 billion in collateralized debt obligations.
Prior to joining Latitude Management Real Estate Investors, Glenn served as Managing Director of Prudential Carbon Mesa, where he was co-CEO and the senior executive for funds management and served as acting-COO of the parent (NASDAQ:WMFG). Previously, he was President of ING Real Estate Investors and Executive Vice President of Kearny Street Real Estate Company (a subsidiary of Morgan Stanley), both opportunistic real estate investors and managers.
Glenn serves on the Board of Directors and Executive Committees of Bet Tzedek—the House of Justice, Stephen S. Wise Temple, the USC Libraries Board of Counselors and Para los Niños. He serves on the Board of Directors of the Jewish Federation of Greater Los Angeles and the USC Gould School of Law Board of Counselors. He previously served on the Board of Trustees of the University of Southern California.
A graduate of the University of Southern California, B.A. 1977, History, magna cum laude, phi beta kappa, Glenn also received his J.D. in 1980 from USC. He began his career as a real estate and finance partner in the Los Angeles law firm of Allen, Matkins, Leck, Gamble and Mallory. He is a member of the State Bar of California and the Los Angeles County Bar Association. He frequently speaks on real estate investment and finance. He received the USC Alumni Service award in 2004 and the Bet Tzedek Lainer award in 2005 and the Jewish Federation Legal Division Maimonides award in 2015.
Eli is a Vice President at LaSalle Mortgage Real Estate Investors (formerly Latitude Management Real Estate Investors) and is responsible for assisting in loan origination, financial reporting and asset management of mortgage and equity products originated, purchased, or owned by one of the funds managed by LMREI.
Prior to joining the Company, Eli worked as the Acquisitions and Portfolio Manager for a local private equity firm, Sterling Capital L.P. He has also held internships in real estate management and real estate brokerage in the Los Angeles area.
Eli holds a B.A. in Sustainable Planning and Real Estate Development from University of Southern California.
Through investments in separate accounts, commingled funds, indirect investments, debt and special situations, real estate securities, we help clients take advantage of market opportunities in order to meet their return objectives.
350 South Beverly Drive, Suite 300
Beverly Hills, California 90212
Main Phone: +1 310 234 2100
Fax: +1 310 234 2150
720 South Colorado Boulevard
Penthouse Floor, North Tower
Denver, Colorado 80246
Main Phone: +1 310 234 2100
Fax: +1 310 234 2150
We invest heavily in market analysis and investment strategy, believing that a deeper understanding of the markets influences our ability to deliver competitive performance. Our in-house Research & Strategy team includes experts in economics, capital markets, demographics and spatial analysis. The team is based in, and covers, major real estate markets in Europe, North America and Asia Pacific – the three regions of the world where we invest.
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LaSalle Investment Management is pleased to announce it has been named a Best Place to Work in Money Management for 2018 by Pensions & Investments (P&I).
LaSalle Investment Management (“LaSalle” or “the company”) today announced it has completed the majority acquisition of the $1.2 billion debt fund business of Latitude Management Real Estate Investors (“Latitude”).