Arriba Capital announced that it has broadened its network of lenders through an exclusive, strategic correspondent agreement with GreenLake Investment Management, LLC (GreenLake), a manager of alternative investment funds, for the purpose of originating transitional, value-add, and ground-up construction opportunities on commercial real estate properties in the Arizona market.
“Our partnership with GreenLake is a significant win for our clients and is in line with our goal to consistently deliver competitive and flexible financing structures with certainty of execution,” said Nick Barbaria, managing partner of Arriba Capital.
“GreenLake has worked successfully with Arriba for years, but formalizing our partnership with Arriba in Arizona provides another avenue for us to expand our platform with a trusted, and experienced, local firm,” said Kamau Coleman, Director of Investments for GreenLake.
A key objective of the two companies working together is to establish GreenLake as a premier real estate bridge lender in the Arizona market through Arriba Capital’s relationships and reach in the state.
“This is a synergistic opportunity for us to provide integrated real estate loan solutions to our premier partners in the Arizona market,” added Coleman. GreenLake is dedicating key resources to work with Arriba Capital and it’s clients in offering a broad range of capital markets capabilities in a seamless fashion.