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.