Forman Capital, LLC is a direct lender
for commercial real estate properties located throughout the United States.
Forman Capital specializes in providing high yielding, senior bridge and first
mortgage debt from $5MM to $25MM per transaction. It focuses on financing transitional assets, construction
projects, note acquisitions and special situations, including distressed debt
and equity. Forman Capital’s entrepreneurial approach allows it to provide
creative capital solutions to its clients on an expedited timeframe.
Forman Capital was established by
Brett D. Forman in 2004, and has since earned a reputation for creativity,
reliability and integrity in real estate finance. Forman Capital has funded over $160MM in
commercial real estate loans across the United States and prides itself in
its transparency and its entrepreneurial approach to business in general and
transactions specifically.
Mr. Forman serves as President of
CR South, a partnership between Forman Capital and Continental Realty of
Baltimore, MD. CR South
opportunistically acquires distressed and underperforming real estate
throughout the southeast United States
with a focus on Florida. CR South has offices on both coasts of Florida and in Maryland.
CR South successfully entered the
Tax Certificate business and raised $50MM and $85MM funds in the spring of 2009
and 2010 to acquire tax certificates throughout Florida.
Additionally, it has acquired over $40MM of distressed debt.
Mr. Forman serves
on the Board of Directors of the Achievement Centers for Children and
Families in Delray Beach, FL. Previously
he worked in corporate finance and mergers and acquisitions at Bear Stearns
& Co., as a Principal at Sylvan Ventures, LP, a $350 million venture
capital firm (a partnership between Apollo Investment Management and Sylvan
Learning Systems) and as President and Chief Operating Officer of FEI, Inc. and
County Seat Stores, Inc.
Mr. Forman graduated from The University
of Pennsylvania, The Wharton School of Business with a B.S. in Economics and a
concentration in Real Estate Finance.
Brett Forman currently lives in Delray Beach,
FL with his wife and two children after moving
from New York, NY where he lived for nearly 15 years.