The Commercial Mortgage investment strategy seeks to originate and service a diversified portfolio of commercial mortgages secured by office, industrial, and retail assets located in major U.S. markets.
The commercial mortgage investment strategy is built on the TIAA organization’s more than 60-year history of innovative financing activities including participating mortgages, construction/permanent financings, forward loan commitments, secured to unsecured loans, floating rate debt, subordinate debt, and unsecured notes with secured mortgage conversion option.
As the largest manager of mortgage assets1 based on assets under management, our rigorous investment process combines our proprietary real estate research and credit analysis to meet our client’s objectives. Our loan origination and due diligence processes assists the portfolio management team in determining those investments that offer the best relative value.
1 Pensions & Investments, October 15, 2012. Rankings based on institutional tax-exempt assets under management as reported by each responding asset manager.
Commercial Mortgage portfolios are subject to certain risks such as market and investment style risk. Fixed-income investments are subject to certain risks such as interest rate, inflation, and credit risks. Real estate investments are subject to various risks, including fluctuations in property values, higher expenses or lower income than expected, and potential environmental problems and liability.
This material is provided for informational purposes only and should not be regarded as a recommendation or an offer to buy or sell any product or service to which this information may relate.