EPISODE · Jun 11, 2025 · 28 MIN
A Syndicator Lending Safari with Benefit Street's Mike Comparato
from The Promote Podcast · host ten31 Media
This week, Hiten & Will are joined by Benefit Street Partners' Michael Comparato, who gives us an insider's look into the wild world of lending to multifamily syndicators. Comparato provides unvarnished, behind-the-scenes details on the conversations, numbers and battles that define lending in such a high-octane space – it's a level of candor and color that we rarely see from active lenders. He then walks us through BSP's headline-grabbing $425M acquisition of agency lender NewPoint, and the opportunities in that space. Favors:1) Leave us a review: On Apple, Spotify, or wherever you get your pods2) Tell Scotty G about us: Go to ProfG's Reddit page and tell him he's gotta have us on to talk CRE: https://www.reddit.com/r/ScottGalloway/3) Tell your CRE junkie friends about usFurther reading:https://www.thepromote.com/p/hfc-post-mortem-nuveen-s-american-nightmarehttps://www.thepromote.com/p/nussbaum-s-hush-money-syndicator-bad-boy-carve-outs#baby-did-a-bad-bad-thinghttps://www.thepromote.com/p/anatomy-of-the-newpoint-deal-the-big-bank-battle-of-chetritstan#anatomy-of-a-deal-bsp-new-pointhttps://www.thepromote.com/p/the-promote-quiet-kings-of-capital-pt-ii-nycb-s-multi-messFind Michael Comparato at LinkedIn https://www.linkedin.com/in/michael-comparato-b2126b172/ or at Benefit Street Partners https://benefitstreetpartners.com/
What this episode covers
This week, Hiten & Will are joined by Benefit Street Partners' Michael Comparato, who gives us an insider's look into the wild world of lending to multifamily syndicators. Comparato provides unvarnished, behind-the-scenes details on the conversations, numbers and battles that define lending in such a high-octane space – it's a level of candor and color that we rarely see from active lenders. He then walks us through BSP's headline-grabbing $425M acquisition of agency lender NewPoint, and the opportunities in that space. Favors:1) Leave us a review: On Apple, Spotify, or wherever you get your pods2) Tell Scotty G about us: Go to ProfG's Reddit page and tell him he's gotta have us on to talk CRE: https://www.reddit.com/r/ScottGalloway/3) Tell your CRE junkie friends about usFurther reading:https://www.thepromote.com/p/hfc-post-mortem-nuveen-s-american-nightmarehttps://www.thepromote.com/p/nussbaum-s-hush-money-syndicator-bad-boy-carve-outs#baby-did-a-bad-bad-thinghttps://www.thepromote.com/p/anatomy-of-the-newpoint-deal-the-big-bank-battle-of-chetritstan#anatomy-of-a-deal-bsp-new-pointhttps://www.thepromote.com/p/the-promote-quiet-kings-of-capital-pt-ii-nycb-s-multi-messFind Michael Comparato at LinkedIn https://www.linkedin.com/in/michael-comparato-b2126b172/ or at Benefit Street Partners https://benefitstreetpartners.com/
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A Syndicator Lending Safari with Benefit Street's Mike Comparato
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