Trimont Snags New CFO
Trimont Real Estate Advisors has hired Glen Peters as chief financial officer. Peters will be based in Trimont’s Atlanta office and begins his new role today. He oversees a team of 25 people and reports directly to Brian Ward, the company’s chief executive officer.
Trimont’s previous CFO was Yean Lee, who left when the firm was acquired by Värde Partners in September 2015.
“I’m very excited about joining Trimont,” Peters told Commercial Observer. “There is so much opportunity for growth. As things get more specialized in the industry, organizations are focusing on what’s core to their business. What’s core to Trimont is servicing financial institutions. Whether it’s domestic banks, international banks or the ever-growing debt funds and nontraditional lenders, the key to what they all need is a servicing platform. I’m very excited about making Trimont the number one platform for all of those clients.”
Peters began his career in a risk management role at Pricewaterhouse Coopers in Sydney, Australia. He then held several roles focused on real estate investment management and risk management at Lendlease both in Australia and the U.S., including head of global finance. Peters also transitioned into construction finance during this time, running Lendlease’s finance team for construction operations out of the firm’s Chicago office for 18 months. Most recently he was T5 Data Centers’ senior vice president of finance.
As for what what appealed to Peters about the role at Trimont, “It was a combination of things including the stage in the lifecycle of the organization, it having been bought out by Varde Partners and now having a new management team to grow the company and achieve its goals,” he explained. “Being part of that new management team from the get-go and the genesis of this next generation is something that was very exciting to me. It’s also a leadership role that enables a great blend of my experiences within the real estate industry.”