Bayview Asset Management Names Andrew Smith as Managing Director, Head of CRE Debt
Slice of Real Estate Team
Oct 08, 2024
Key Highlights:
- Andrew Smith appointed as Managing Director, Head of CRE Debt at Bayview Asset Management.
- Smith brings over two decades of experience in real estate debt and securities.
- Bayview's CRE credit business spans North America, Europe, and Canada.
- Smith previously led the CRE credit platform at Kayne Anderson Real Estate, overseeing $10B in capital.
- Bayview plans to launch a dedicated commercial real estate credit fund.
Source: Business Wire
Quotes
“ “I am confident Andrew will help further develop Bayview’s capabilities to create a leading CRE Credit platform.” ”
David Ertel, Chairman and CEO at Bayview
Our Take:
Bayview’s decision to appoint Andrew Smith, a seasoned veteran in the CRE debt space, is a strategic move that highlights the firm's ambition to further establish its foothold in the growing commercial real estate credit market. With Smith's impressive track record at Kayne Anderson, where he managed over $10B in invested capital, Bayview is positioning itself to capitalize on expanding market opportunities. The upcoming launch of a dedicated commercial real estate credit fund further underscores Bayview's proactive approach to deploying capital in the evolving CRE landscape, while Smith’s leadership will likely be key to driving future growth.
