Mr. Cromer joined Rialto Capital Management, LLC in 2009 and serves as a Managing Director and co-head of Rialto’s Investment Management credit business, which oversees CMBS bonds, floating rate whole loans, mezzanine loan, b-notes, and preferred equity investing.
Mr. Cromer has been vital in sourcing and executing Rialto’s CMBS investments, which total over $100 billion in pool balance. Mr. Cromer has also been instrumental in the development and creation of Rialto’s $1.5 billion direct lending platform. Prior to joining Rialto, Mr. Cromer worked at Glenmont Capital Management, a boutique real estate private equity firm, where he focused on distressed debt investing. Before that, Mr. Cromer work at Nomura Securities ranging in a variety of real estate and corporate finance roles, including originating, underwriting, and securitizing commercial mortgages and CRE CDO’s.
Mr. Cromer received a B.A. in Business Administration from the University of Wisconsin-Madison Wisconsin School of Business where he majored in Real Estate Finance and Urban Land Economics. Mr. Cromer currently serves on the Rising Leaders committee for the New York Cares charity.