Pallas Capital: Chairman’s Letter on Leadership and Future Direction
A new expansion of footprint was noticed across the evolving space of commercial real estate lending specialists who achieved remarkable milestones in the past year. As the calendar turns its page to the new beginning in 2025, Patrick Keenan, Chair of Pallas Capital, shared the recent impressive highlights of the achievements of the company across commercial real estate lending in 2024 in his letter. Ever since its foundation in 2016, Pallas Capital has staunchly established itself as an outstanding specialist across the vertical of mid-market lending that reached new heights in the past year. In 2024, Pallas Capital had neared a collective transaction value estimated at $6 billion, with over 800 investments and loans reaching its finish line. The firm is now on track to double its share of lending values, offering greater resilience to the business model and expanding its market reach. Irrespective of its increasing activity levels, Pallas Capital has retained its zero-loss track mar...