March 19, 2018
A quartet of industry leaders with decades of experience across the commercial real estate finance spectrum—and four market corrections—has launched Crescit Capital Strategies, headquartered in Midtown. Co-founders Joseph Iacono and Nik Chillar launched the firm on the premise of creating diversified investment opportunities for its partners, while providing the full spectrum of lending products for borrowers.
“It is impossible to successfully run a long-term commercial real estate finance business today without having a full understanding of fundamental commercial real estate credit, as well as capital markets and global capital flows,” said CEO Iacono, who has built multiple commercial real estate debt businesses.
Chillar will serve as Crescit’s head of banking, while Kim Diamond is head of structuring & credit. Rounding out the executive team is COO Edmund Taylor.
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