Fitch Upgrades Rialto Capital Advisors Special Servicer Rating

July 28, 2014 — The upgrade of RCA's special servicer rating reflects Fitch's assessment of the company's servicing abilities, improved control environment, and continued investment in its technology platform relative to a significant increase in named CMBS special servicing. At March 31, 2014, the company was named on 30 CMBS transactions totaling $36.1 billion.

Push for Large Investment Funds to Threaten Small Managers

January 7, 2014 — Real estate investment funds are growing in size and decreasing in numbers in a trend that may not bode well for first-time fund managers, according to investment-fund research firm Preqin. The London research firm's latest results on real estate fund-raising indicates that emerging investment managers will face more difficulty raising equity.

Rialto Mining Gold from Nonperforming Assets

March 20, 2013 — Rialto Capital Management, the investment management spin-off from homebuilder Lennar Corp. that made headlines last year after successfully securitizing a collection of non-performing commercial real estate loans and assets, is back in the market with its second offering.

Rialto Capital Management LLC Assigned ABOVE AVERAGE Commercial Special Servicing Ranking

January 4, 2013 — Rialto Capital Management LLC Assigned ABOVE AVERAGE Commercial Special Servicing RankingServicer Analysts:
Timothy E Steward, New York (1) 212-438-1000;
Mark I Goldberg, New York (1) 212-438-1000;...

Fitch Assigns Initial CMBS Special Servicer Rating to Rialto Capital Advisors

June 22, 2012 — Fitch Ratings assigns Rialto Capital Advisors, LLC (RCA) an initial commercial mortgage-backed securities (CMBS) special servicer rating of 'CSS2-'. RCA is a wholly owned subsidiary of Rialto Capital Management, LLC (Rialto), which is a subsidiary of Lennar Corporation.

Rialto Capital Hits Home Run on CMBS Deal; Follow-Ups Expected

April 10, 2012 — The first CMBS deal backed by distressed real estate priced last Thursday at aggressive levels, which will likely result in other similar deals. The transaction, Rialto Capital, 2012-LT1, provided Rialto Capital Management with $132 million of relatively low-cost financing for a portfolio of 320 loans and properties.

Life Goes on for Nonperforming Loans

April 4, 2012 — Homebuilder Lennar Corp., which found success in the distressed investment arena through its Rialto Capital Management subsidiary, gave the CMBS industry another boost this past week by putting out the first CMBS issuance of non-performing commercial real estate loans in years.

Looking Outside of the Home

June 1, 2011 — After years of weak sales, some home builders are starting to look beyond the comfort of their core business.

Dealing with Distress Head On

February 2, 2011 — With the housing markets in distress, Miami-based homebuilder Lennar Corp. has proved correct the old adage that when life deals you a bunch of lemons, make lemonade.

Joint Statement by United States Treasury, Federal Reserve and FDIC Regarding PPIP

July 8, 2009 — The Financial Stability Plan, announced in February, outlined a framework to bring capital into the financial system and address the problem of legacy real estate-related assets.