Real Estate Capital Partners
Kathryn Ogden is a Managing Director and Global Head of RBC Real Estate Capital Partners (“RECP”). RECP is a leading provider of debt capital to premier real estate owners and sponsors, with a mandate to originate mortgage and mezzanine loans secured by stabilized and transitional real estate assets in all major commercial real estate product types throughout the United States, United Kingdom, Europe and Australia. Kathryn joined RBC in 2009 in Dallas and was Head of Asset Management for the disposition of RBC’s legacy US real estate loan portfolio prior to helping launch the Real Estate Capital Partners platform in 2011. She moved to London in 2013 to launch the Real Estate Capital Partners platform in Europe before moving back to Dallas in 2016. Prior to joining RBC, Kathryn worked in the London office of the Real Estate Principal Investment Area of Goldman, Sachs & Co. responsible for the management of a portfolio of real estate assets in the United Kingdom and Europe. Kathryn spent seven years with Goldman, Sachs & Co. in Dallas, Paris and London and has managed the financing, sale or initial public offering of real estate assets located in Canada, the United States and Europe. Kathryn holds an honors degree in Business from The University of Texas at Austin.
Axel Brinkmann is a Managing Director in RBC Real Estate Capital Partners, a unit of the Royal Bank of Canada. Prior to joining RBC, Axel worked in LaSalle Investment Management's Debt Investments & Special Situations Group in London where he was responsible for originating and investing into European structured debt and equity opportunities on behalf of a variety of commingled funds and separate account clients. Further responsibilities included loan structuring, syndication and fund raising. Axel joined LaSalle from Wells Fargo having started his career in the bank's real estate capital markets group based in Frankfurt and London where he gained experience in loan underwriting, execution and restructuring.
Axel holds a master's degree in engineering (Dipl.-Ing.) from the university RWTH in Aachen, Germany and a post-graduate degree in real estate economics from the European Business School (EBS) in Oestrich-Winkel, Germany.
Robert Maddox is a Managing Director and the US and Australia Head of RBC Real Estate Capital Partners, a unit of the Royal Bank of Canada, where he oversees the sourcing and origination of loans across the US and Australia. Prior to joining RBC, Robert worked in the London and Charlotte offices of Wells Fargo’s Commercial Real Estate business where he was responsible for the origination and management of large structure real estate transactions. Robert holds a Bachelor of Science in Architecture from the Georgia Institute of Technology (Georgia Tech) and a Master of Business Administration from the Darden Graduate School of Business Administration at the University of Virginia.
Richard is a Managing Director in the RBC Real Estate Capital Partners group focused on loan structuring and closing. Prior to joining RBC, Richard spent several years in the Structured Real Estate Capital team at ABN AMRO, structuring and distributing over €5 billion of commercial real estate loans via CMBS, financial guarantees, CDS, credit linked notes and B Notes. Prior to this role, Richard worked as a finance lawyer with Allen & Overy LLP in Frankfurt and London (including working on the first German and Finnish true sale CMBs transactions and the first multi-borrower German CMBS transaction) and as a finance and securities lawyer at Stikeman Elliott in Toronto. Richard holds a first class undergraduate degree in Economics from the University of British Columbia in Vancouver and a post graduate law degree also from the University of British Columbia, as well as having received scholarships to study law abroad at the London School of Economics and at the University of Pretoria
Antoine Richard is a Portfolio Manager in RBC Real Estate Capital Partners, a unit of the Royal Bank of Canada. Prior to joining RBC, Antoine worked for four years at MCAP Finance – an affiliate of New York based Marathon Asset Management LP - where he was responsible for the management of Non-Performing Loans, financing, underwriting and execution of add-on equity real estate investments in continental Europe. Prior to Marathon, Antoine worked at LNR-Hatfield Philips, Orco Property Group, CBRE Global Investors and Société Générale in London, Paris, Frankfurt and Central Europe where he gained experience in Loan Asset Management, work-out and restructuring as well as private equity real estate. Antoine is a Chartered Surveyor (MRICS) and holds a Masters from École Supérieure de Commerce de Paris (ESCP-EAP) and a Masters from Sciences Po Lille.
Steven Storrs is the US and Australia Head of Portfolio and Asset Management, where he is responsible for managing the existing portfolio of loans and various other strategic initiatives on behalf of the RBC Real Estate Capital Partners platform. Prior to joining RBC, Steven worked at Goldman Sachs & Co. in London, where he was the Head of EMEA Portfolio Management, overseeing the European real estate equity and credit balance sheet investment portfolio, and in the US, where he focused on opportunistic real estate acquisitions and asset management. Steven joined Goldman Sachs from Fortress Investment Group, where he was responsible for managing structured debt and equity investments on behalf of the Credit business in the US. Steven holds Bachelor of Arts degrees in Business Economics and History from Brown University.
Stephanie Shelmerdine is a Director in RBC Real Estate Capital Partners, a unit of the Royal Bank of Canada, focusing on loan structuring and transaction execution for the European team. Prior to joining RBC, Stephanie spent six years as a finance lawyer at Allen & Overy LLP in their London and Paris offices, where she advised lenders, private equity funds and other investors in the UK and continental Europe on all aspects of real estate finance transactions. Stephanie has particular expertise in pan-European property acquisitions, debt on debt finance in relation to the acquisition of distressed loan portfolios and transactions with intercreditor arrangements. Stephanie holds a Master’s degree in Theology from Cambridge University.
Julien Congretel is a Vice President in RBC’s Real Estate Capital Partners group, focused on loan origination and execution as well as relationship management with key clients in Europe. Prior to joining RBC in 2013, Julien spent over three years at Societe Generale in London, Frankfurt and Paris in several roles including pan-European private equity real estate fundraising and advisory as well as commercial real estate lending in the UK. Julien holds a summa cum laude Master’s degree in finance from Sciences Po Paris.
Drew is responsible for the origination of mezzanine and mortgage loans in the Eastern United States. Drew also maintains relationships with key clients across the US and plays an active role in the management of RECP’s loans and portfolio. Prior to joining RBC, Drew worked for Crow Holdings Capital Real Estate in Dallas, where he focused on the acquisition of real estate assets across the United States. Drew joined Crow Holdings from Raymond James, a middle market investment bank where he focused on restructuring and recapitalization advisory services across all industry sectors. Drew holds a bachelor’s of science in economics from the Wharton School, University of Pennsylvania.
Ross Ruschhaupt is responsible for the origination of mezzanine and mortgage loans in the Western United States. Ross also maintains relationships with key clients across the US and plays an active role in the management of RECP’s loans and portfolio. Prior to joining RBC, Ross worked in the Real Estate Financing Group of Goldman, Sachs & Co. in Dallas, where he focused on the origination of fixed rate financings in the western United States. Ross joined Goldman Sachs from CenterCal, a Los Angeles-based joint venture with the California State Teachers Retirement System specializing in the development and acquisition of retail properties throughout California, Washington, Oregon, and Utah. Ross holds an undergraduate degree in business from the University of Southern California.
Aurelien Lanfray is a Director in RBC Real Estate Capital Partners, a unit of the Royal Bank of Canada, focusing on loan origination and execution as well as relationship management with key clients in Europe. Prior to joining RBC, Aurelien worked at Macquarie Bank’s Principal Finance team, where he was responsible for sourcing and executing debt and equity real estate, infrastructure and corporate transactions in Europe with a focus on France. Prior to joining Macquarie, Aurelien worked at Westbrook Partners, Starwood Capital and BNP Paribas REIM. Aurelien holds a Master’s degree in finance from ESCP Europe.
Justin Bilechuk is a Vice President in RBC’s Real Estate Capital Partners group, responsible for the origination and execution of mezzanine and mortgage loans across Europe. Prior to joining the European team, Justin worked in RBC’s Group Risk Management in Toronto, adjudicating credit transactions for capital markets clients in Canada, the US, and Europe. Justin holds a Master’s Degree in Financial Economics from the Rotman School of Management at the University of Toronto and an Honours degree in Economics from McMaster University.
Areas of Expertise
RECP brings deep experience, capital and market knowledge to our clients’ real estate loan solutions in the US, UK, Europe and Australia. We deal in all commercial property types, helping clients finance everything from office towers to hotels, shopping centres and industrial complexes. Our balance-sheet lending capabilities include:
- Mortgage Loans
- Mezzanine Financing
- Loan-on-Loan Portfolio Facilities
Flexible Lending Solutions
RECP’s flexible capital allows us to provide clients with debt solutions that help to create the greatest possible return on their equity investment. We provide financing at a wide range of leverage options, and on all asset types, that support both opportunistic and core-plus return strategies.
RECP concentrates on core and major regional markets in the US and UK, as well as core Continental Europe, Ireland, and Australia. We support clients across multiple geographies, with many of our European portfolio financings taking place across multiple jurisdictions.
RECP has participated in $44 billion of mortgage, mezzanine and loan-on-loan financings, holding $24 billion for its own balance sheet.