JLL recently announced the formation of the Commercial Real Estate Lenders Association (CRELA) at its inaugural round table, hosted by the firm’s downtown Toronto office and featuring Ontario Finance Minister Charles Sousa as the keynote speaker.
“This event has been the official launch of CRELA,” says Amar Nijjar, VP of debt capital markets at JLL. “The association has been formed as a networking and professional development platform that we hope will be the voice of the commercial real estate lender industry.”
Hosted at JLL’s downtown office, the organizing committee is comprised of Amar Nijjar (JLL), Chad Gemmell (JLL), Michael Rupar (Scotia Bank), Daniel Simunac (Raymond James), Steve Gagro (Laurentian Bank), Neil Carpenter (National Bank) and Chris Green (BMO).
The event included 50 senior management representatives of various financial institutions. CRELA will host quarterly luncheons, to be attended by lenders from different facets of the industry. The theme of each luncheon will vary, but the sessions will provide advice from legal, environmental, engineering and real estate experts, says JLL.
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