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Alternative Assets  + Real Estate  |  May 9, 2025
Asteris Lending Launches with $1B Origination Goal, Backed by Nomura 
By: Joe Palmisano

Asteris Lending Launches with $1B Origination Goal, Backed by Nomura 

Asteris Lending, a new institutionally backed private lending firm based in Atlanta, has officially launched, aiming to originate $1 billion in loans. Co-founded by CEO Cortney Newmans and CRO Justin Thompson, the minority-owned company offers customized financing for real estate investors and developers nationwide, with Nomura Securities International Inc. leading its capital raise. 

Asteris provides loans for new construction, fix-and-flip projects, and rental properties, targeting small- to medium-sized business borrowers. 

“We founded Asteris Lending to fill a gap in the market, combining institutional capital strength with a client-first service model built for investors by investors,” said Newmans. “Atlanta felt like the obvious place to launch Asteris. It’s a growing financial hub, and surprisingly, there are no other institutionally backed national private lenders headquartered here.” 

The firm is poised for rapid growth, planning national expansion, strategic partnerships, and new product offerings in the coming year to deliver comprehensive lending solutions to Atlanta’s real estate market and beyond. 

Asteris Lending’s leadership team includes CFO John Oldham, head of capital markets Trez Moore, and CTO Lucas Whaley. 

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Asteris Lending

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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