DRC Savills Investment Management LLP (“DRC SIM”), the specialist debt investment platform of Savills Investment Management (“Savills IM”), is pleased to announce it has entered into a joint venture with QCP LLC (“Quadrant”), the owner of Quadrant Real Estate Advisors LLC (“QREA”), to establish a US real estate debt investment business. This is the first time DRC SIM has offered a US debt investment proposition.
The joint venture is majority owned by DRC Savills IM and will operate under the ‘DRC Savills IM US’ branding, as its North American platform. It will bring together the expertise of both firms in providing real estate debt investment products for institutional investors.
Quadrant is owned by Kurt Wright (Managing Partner), Jessica Eggins and Walt Huggins, supported by a team based in Atlanta currently managing debt investments on behalf of institutional investors. Quadrant was established in 2006 following a management buyout from GMAC Institutional Investors.
DRC SIM was founded in 2012 by Dale Lattanzio, Rob Clayton and Cyrus Korat, and is a leading European real estate debt investment manager. It has arranged over £5 billion of debt investments since inception and currently has assets under management of £2 billion across a range of senior debt, high yield and whole loan products. Savills IM acquired DRC SIM in May 2021.