Alert iconWarning: Unsupported web browser

In View no longer supports your current web browser version, which means some functionality may be limited. Please update your browser for the best experience before you log in.

close icon
Citi Private Bank logo

Unsupported browser

Our website no longer supports your current web browser version, which means you are no longer able to access this website. Please update your browser to continue.

Continue

Commercial real estate financing

We understand the challenges facing today’s commercial real estate entrepreneurs and think creatively to provide dynamic financing strategies.

Commercial Real Estate
white smooth surface within a building
Business woman standing on winding stairs reading a book

Commercial real estate is an important investment for many of the worldly and wealthy investors we serve.

However, some of the more sophisticated and attractive opportunities within this asset class are only available privately.

For over 25 years, our dedicated team has underwritten, negotiated, and managed financing for real estate portfolios around the world.

Our lending portfolio includes office buildings, multi-family properties, warehouses and distribution facilities, mixed-use or flexspace, and retail centers.

We typically finance assets in the $10 million to $100 million+ range and deliver highly customized solutions to help meet your specific needs.

 

Our offering includes a range of flexible loan structures, competitive rates and a long-term commitment to funding throughout the real-estate cycle.

We are also skilled at customizing lending structures and may be able to identify untapped potential in properties that other lenders may overlook.

Our tailored financing strategies help facilitate acquisitions and provide liquidity for sophisticated commercial real estate investors.

Rick Werner
Global Head of Commercial Real Estate Finance
How we serve you
Strategies built around your needs
Financing can help you acquire, renovate, reposition or refinance property as well as free up liquidity for new projects.

Our lending strategies reflect your financial circumstances in addition to the asset you are financing.

Our responsive loan approval process helps deals to close faster and maximizes your negotiating position.

Access to further financing
The Private Bank works closely with Citi’s Institutional Clients Group.

We can introduce you to our real estate investment banking and commercial real estate finance groups.

For qualified clients, a range of investment banking services, including acquisition advice, initial public offerings, and preferred stock and debt placements are available.

Structuring your assets
Our services go beyond helping to meet commercial real estate financing needs.

Working with our wealth planners and your independent tax and legal advisors, we can develop a strategy to pass assets on to beneficiaries of your choosing.

We can also help manage, oversee and administer assets on your behalf.

 

Meet our people

Rick Werner caricature
Global Head
Rick Werner
Global Head of Commercial Real Estate Finance

Rick and his experienced team deliver competitive financing strategies to meet the unique needs of our global commercial real estate clients for their investments across North America, the UK, Hong Kong and Singapore.

With a background in real estate finance, restructuring and loan workout and risk management, he has more than 25 years of experience at Citi.

His previous role was Global Risk Manager for the Private Bank’s commercial and residential real estate business.

Rick has a bachelor’s in economics from Lafayette College.

Andrea Galbiati caricature
Andrea Galbiati
Head of Commercial Real Estate
Europe, Middle East and Africa

Based in London, Andrea is responsible for commercial real estate lending across the region. He re-joined Citi in 2011 as a senior transactor within Investment Finance. Since then, he has led the origination and underwriting of over £2bn worth of commercial property loans secured against London and UK regional assets, including office, retail, logistics and hospitality properties.

Previously, Andrea worked at Stormharbour Securities, where he originated and executed capital raising mandates for senior and mezzanine debt and equity for UK and European commercial real estate opportunities.

Between 2000 and 2008 Andrea worked in European mergers & acquisitions and securitisation at Citi, underwriting, structuring, securitising and syndicating over $5bn of real estate debt.

close icon
Rick Werner caricature
Global Head
Rick Werner
Global Head of Commercial Real Estate Finance

Rick and his experienced team deliver competitive financing strategies to meet the unique needs of our global commercial real estate clients for their investments across North America, the UK, Hong Kong and Singapore.

With a background in real estate finance, restructuring and loan workout and risk management, he has more than 25 years of experience at Citi.

His previous role was Global Risk Manager for the Private Bank’s commercial and residential real estate business.

Rick has a bachelor’s in economics from Lafayette College.

close icon
Andrea Galbiati caricature
Andrea Galbiati
Head of Commercial Real Estate
Europe, Middle East and Africa

Based in London, Andrea is responsible for commercial real estate lending across the region. He re-joined Citi in 2011 as a senior transactor within Investment Finance. Since then, he has led the origination and underwriting of over £2bn worth of commercial property loans secured against London and UK regional assets, including office, retail, logistics and hospitality properties.

Previously, Andrea worked at Stormharbour Securities, where he originated and executed capital raising mandates for senior and mezzanine debt and equity for UK and European commercial real estate opportunities.

Between 2000 and 2008 Andrea worked in European mergers & acquisitions and securitisation at Citi, underwriting, structuring, securitising and syndicating over $5bn of real estate debt.

Global citizens

The Private Bank exists to serve a very special community. Hear the stories of global citizens in their own words.

Alan Faena leaning against wallclose icon
Global Citizens
Experience creator
ALAN FAENA

“Giving new life to a city is one of the most beautiful things that anyone can do,” says Alan Faena, as he looks out on the Miami neighbourhood that now bears his name. “It’s one of the things I’m most proud of, both here and back home in Buenos Aires. These are my gifts to the people, not only for today’s generation but also for future generations.” And what a gift the Faena District is indeed.

Spanning five blocks adjacent to the white sands of Miami Beach, the neighborhood is nothing less than an urban oasis of sensory delights. Its buildings – old and new – somehow fuse perfectly with their natural surroundings. Absolutely nothing is mundane here, not even the multistory parking garage, whose exterior could easily pass for that of an ultra-modern cultural center or designer shopping mall. Incidentally, the Faena District also possesses both of those things.

Learn more

Adriana Cisneros sitting at a desk smilingclose icon
Global Citizens
Adriana Cisneros
ADRIANA CISNEROS

“I think it’s something like less than one third of family businesses that make it from the first to the second generation and half of those don’t make it to the third generation,” says Adriana Cisneros. “I’m the third generation in our business, so I really hope I’m going to be one of those that survives. Who knows, I might completely mess up, but hopefully not.” Messing up seems a rather unlikely prospect going by Adriana’s record to date. The company is in robust health under her leadership. She has recently returned from a whistle-stop tour of Central and South America, where Cisneros Interactive has become the sole reseller of Facebook in nine countries, the only nations on earth where the social media giant will not manage its own sales.

Facebook chose to work through Cisneros Interactive because it already has the region’s most advanced advertising network. “I started Cisneros Interactive, our digital division four years ago,” says Adriana. “Our aim from the outset has been to create the largest advertising network in Latin America and also the smartest. When we began, others were trying to do similar things, but in a very country-specific way. No one really dared to do it pan-regionally. I used the same architecture to build the business that my father did when he brought satellite television to Latin America three decades ago.”

Learn more

Sid brown headshotclose icon
Global Citizens
The Brown family & NFI: Keeping North America running
SID BROWN

I went to Georgetown University, where I majored in finance. After graduation, I went to New York, where I worked for two years in investment banking at Morgan Stanley, before attending Harvard Business School. At that point, I had to decide if I wanted to go back into investment banking or return to the family business. It was 1983 and NFI was primarily a trucking business with very small warehousing, real estate, and truck leasing components.

I’m not completely sure exactly what I was thinking at the time, but I probably felt a certain obligation to join the family business. I’d kind of grown up within NFI. From junior high school onwards, I’d always helped out at the company during summer vacations. I’d worked in the maintenance shop and as a loader in the warehouse. We had always discussed business around the family table as far back as I can remember. So I guess you could say it was in my blood.

When I entered the business, I also had two brothers and a sister working alongside me. So I not only had to figure out how to work with my father, but also with my siblings too. As we were coming up through the ranks, our father wisely refused to appoint any of us as his successor. ‘If I pick one of you,’ he said to us, ‘the others will always resent me and our relationship will suffer.’ Instead, he told us to work it out among ourselves, after which he would sell the business to us.

Learn more

Amersi headshotclose icon
Global Citizens
Fighting an asymmetric war
MOHAMED AMERSI

Problem-solving and progress-making are second nature to Mohamed Amersi. For many years, he worked as a lawyer for two of the world’s leading firms, focusing upon highly complex equity-related deals. He subsequently set up his own advisory and investment firm specializing in technology, media, and telecoms. In 2015, he and his family created the Amersi Foundation, which particularly supports causes relating to education, poverty, conflict, and social cohesion.

The pandemic has definitely felt like a war at times. But it’s an unusual, asymmetric kind of war. The enemy we’re fighting is one that we can’t see or touch. It doesn’t deploy tanks, fire bullets or have a nuclear arsenal. But it does have hidden bases in pretty much every single part of the Earth. And our current weaponry is unable to defeat this enemy – an enemy that is only interested in killing us.

Like most people, I have had to learn a lot very quickly about COVID-19. I had no in-depth understanding of what ‘triaging,’ ‘social distancing,’ and ‘self-isolation’ were all about. We’ve all learned a completely new lexicon, a new way of living and have a new way of thinking about things. It’s a strange paradox, but we’ve had to stay apart in order to come together against this pandemic.

Learn more

Contact us

To help us put you in touch with the right advisor or team, please answer the following questions.

Close Contact Form
Close Modal

You're about to leave the Citi Private Bank website

By clicking continue, you will visit a third-party website that is not owned or managed by us.

We have no control of the content, privacy or security beyond this point.

Continue

Stay on this page