Broadshore expands debt platform with new hire
Donald Sheets has joined Broadshore Capital Partners, where he will lead the firm’s special situations debt group (SSDG).
SSDG will broaden the scope of its long-standing debt business as a second program within Broadshore’s Real Estate Finance Group.
Joining Sheets will be his team from Clarion Partners. In early 2018, Clarion had acquired AlumCreek Holdings, an entity formed by Sheets in 2014, in an effort to expand its existing debt offerings. The AlumCreek portfolio was a compilation of performing, subperforming and nonperforming commercial real estate mortgage debt acquired from banks, insurance companies, government agencies and special servicers.
“The Broadshore team has a successful high-yield debt program, developed over more than 30 years, providing financing solutions for commercial real estate, and it is now joi