Brett Forman | Source | Principal at Forman Capital

Brett Forman

Principal at Forman Capital
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Brett Forman is founder and partner of Forman Capital, a provider of private commercial real estate debt and equity financing based in Palm Beach, Florida. The firm focuses on short-term construction financing, mezzanine loans, and preferred equity across a variety of real estate asset classes and geographies, primarily in Florida and the SE United States.

Brett founded Forman Capital, LLC in 2004 and, in 2016, Forman Capital entered into a partnership with a Canadian-based CRE Lender. Brett was previously a Principal at Sylvan Ventures, LP (a joint venture between Apollo Advisors and Sylvan Learning Systems), a $350 million venture capital firm. He spent five years in the retail business as President & COO of FEI, Inc. and County Seat Stores, where he concentrated on real estate and retail transactions when he worked in corporate finance and mergers and acquisitions at Bear Stearns & Co.

Brett graduated from the University of Pennsylvania’s, Wharton School with a Bachelor of Science (BS) in economics and a concentration in real estate finance. Brett serves as Chairman on the Foundation Board of the Achievement Centers for Children & Families in Delray Beach, Florida.

He is an expert in commercial real estate finance and can speak to just about any issue related to commercial real estate financing and trends.

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  • I think lenders will remain a bit skittish and wait for prices to shake out. Those who continue lending are going to demand more equity in the deal. This trend will continue to put pressure on pricing for real estate until the Fed gets inflation under control and rates start to trend back down.”

  • “Higher interest rates are leading to a period of price discovery between commercial real estate buyers and sellers. With rising interest rates comes rising cap rates. Buyers cannot afford to pay what sellers are asking. Refinancing will be too expensive, so at some point, they will be forced to sell, putting downward pressure on real estate pricing. I don’t see this hitting crisis levels, but it will create opportunity for those who are sitting on a lot of cash.”

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