Peter Locke

Background

About Peter Locke

Peter Locke has over 30 years of broad experience in analyzing, structuring and executing complex real estate transactions across all real estate asset classes. He is currently Managing Director of private real estate credit for Arena Investors, LP, a $3.5B AUM New York based investment manager. Arena originates and acquires short term, high-yield first mortgages, B Notes, Mezz and Pref Equity on commercial and residential investment properties, both on a direct investment basis and through joint venture origination platforms with private lenders. Prior to joining Arena, Peter was Head of Real Estate Investing at Spectrum Group Management LLC where he ran all real estate related investing. Spectrum Group Management is an alternative asset management firm that focuses on event driven investing in the distressed, special situations, and asset-based credit markets. Prior to joining Spectrum in 2005, Mr. Locke spent six years at Blackacre Capital Management, LLC, the real estate arm of Cerberus Capital. At Blackacre, Mr. Locke invested directly and indirectly in over $1 billion of real estate equity, debt and operating businesses. Prior to joining Blackacre, Mr. Locke spent five years with Credit Suisse First Boston in its Real Estate Products Group/Principal Transaction Group where he was a Vice President. At CSFB, Mr. Locke was responsible for identifying, underwriting, structuring and negotiating floating, fixed, and mezzanine loans, forward loan commitments, and joint venture equity investments. Also, while there, Mr. Locke managed the acquisition and securitization of performing and sub-performing commercial mortgage loans. From 1988 to 1992 Mr. Locke was Senior Analyst with Chesterton International, Inc, a UK based real estate company. There he was responsible for advising corporate and private clients in acquisition, disposition, leasing and valuation of real estate assets. Mr. Locke holds a BS from Cornell University and an MBA from Columbia Business School.