Thorofare Capital has named Jonathan D. Hart as a director of originations in the Dallas office. Prior to joining Thorofare Capital, Hart opened the Dallas office as vice president of originations for Madison Realty Capital.
October 4, 2021, LOS ANGELES – Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of alternative investment manager Thorofare LLC, today announced Jonathan D. Hart has joined as a Director of Originations in the company’s newly opened Dallas office at 1919 McKinney Avenue.
Hart will drive value for the company’s investment team by adding resources to sourcing, analyzing, structuring and executing new debt originations for Thorofare’s flagship open-end investment vehicle, as well as Joint Venture’s with institutional accounts. Hart brings more than eight years of experience in real estate debt and equity from recognized, institutionally-backed CRE investment platforms.
“We are excited to welcome Jon and open our Texas office in Dallas,” stated Kevin Miller, Principal and CEO of Thorofare. “As we continue to scale our platform, recruiting well-rounded investment professionals to service the needs of both our investors and our borrower clients, remains key to our mission.”
Prior to joining Thorofare Capital, Hart opened the Dallas office as Vice President of Originations for Madison Realty Capital, a New York City-based real estate debt and equity investment firm. Previously as Assistant Vice President of commercial real estate credit manager ACORE Capital LP, he contributed to the Texas office’s $3 billion of floating rate senior mortgage and mezzanine loan originations for multifamily, industrial, office, retail, and seniors housing properties.
“Having built a rapport with Jon over the years, I respect his analytical approach, deep understanding of the credit markets and established relationships with developers, as well as mortgage bankers. We’re excited to leverage his capabilities as we continue to grow our loan portfolio with attractive positions,” added Felix Gutnikov, Thorofare’s Principal and Head of Originations.
Hart began his career as an analyst at Invesco Real Estate, the global real estate investment management subsidiary of Invesco Ltd., where he supported the valuation team for the group’s Invesco Core Real Estate-U.S.A. portfolio. He received a bachelor’s degree from The College of Charleston, earned a master’s degree from John Hopkins University and performed Ph.D. coursework as a Research Assistant at Texas A&M University’s Mays Business School.
Thorofare Capital, Inc. (www.thorofarecapital.com) is a national, vertically integrated commercial real estate debt manager. The Los Angeles-based firm, with additional offices in New York City, Miami and Dallas, focuses on $10 million to $100 million financing transactions, targeting value-add and opportunistic acquisitions, recapitalizations, and distressed debt secured by transitional properties. Its affiliate, Thorofare LLC, is a registered investment adviser specializing in alternative fixed-income opportunities through US commercial real estate debt investments. With a national presence, Thorofare has originated more than $3 billion since firm inception in 2010, across more than 10 property types throughout 31 states.