Trez Capital Texas is a multi-faceted commercial property capital source, which operates in major metro areas across the United States, and engages in real estate financing and development activities. The Trez Capital Texas operations were started in 2010 to take advantage of the recovering real estate market. Since 2010, Trez Capital Texas has closed on more than $1,250,000,000 in loans to the real estate industry.
Trez Capital Texas finances a wide variety of real estate development, including new residential communities, completed residential lots, multifamily development, hospitality and income properties, and invests in select joint venture equity positions in real estate developments. Our loan and investment capacity ranges from approximately $2M – $75M, per transaction.
In addition to providing financing through Trez Capital Texas, our wholly-owned affiliate, Amalgamated Development, L.P., acquires land and develops and sells residential lots in the Dallas/Ft. Worth area.
Trez Capital Texas is a subsidiary of Trez Capital Group Canada, one of the largest non-bank commercial real estate lenders in Canada, with over $2.0 billion of assets under management. In addition to Dallas, Texas, Trez Capital has offices in Vancouver and Toronto. Each location provides commercial and residential property developers and owners with flexible short to mid-term financing. Trez Capital Group manages a large contingent of private and institutional investors and provides a variety of fully-secured, high-yield investment opportunities by applying rigorous institutional grade underwriting to its commercial loans to generate attractive yields and stable sources of income.
Trez Capital was founded by Morley Greene, an attorney with extensive experience in the mortgage and real estate industries. While practicing law, Mr. Greene came to realize that large financial institutions weren’t meeting the needs of commercial property owners and developers. Banks often refused to adjust rigid lending criteria or responded slowly to financing opportunities, even for a borrower with a solid track record and desirable property security. Recognizing the opportunity to provide short-term financing for properties undergoing repositioning or renovation, Mr. Greene formed Trez Capital in 1997.
Trez Capital soon began to increase market share in major Canadian cities by focusing on smaller developers of high-quality properties. Borrowers appreciated the Trez flexible terms, competitive rates and quick approvals on commercial mortgages. Trez also built a loyal following of private investors. Attracted by stable returns, real-property security and extensive risk analysis, investors initially participated through syndication arrangements and later, through mortgage investment corporations. Canada was the first market for those investments; however, Trez eventually expanded in a limited capacity to the United States.
Today, Trez now manages a diversified commercial mortgage portfolio valued at over $2.0 billion. Operating from offices in Vancouver, Toronto, and Dallas, Texas, the Trez team of real estate finance specialists manages all aspects of mortgage financing. From loan origination and property due diligence, to funding and servicing, a hands-on approach ensures that each loan is suitably structured and fully secured.
Trez Capital has evolved to become one of Canada’s largest private commercial mortgage lenders. We has originated over 1,000 commercial mortgages totaling more than $4.9 billion. Our investors range from high net worth individuals to some of Canada’s largest public and private pension funds.