Churchill Real Estate secures investment from Mitsubishi UFJ Trust and Banking
Churchill Real Estate, a renowned capital market solutions provider with $7.4 billion in assets under management, today announced a significant development: Mitsubishi UFJ Trust and Banking Corporation (“MUTB“) has acquired a minority interest in the firm.
Enhancing Residential and Multifamily Markets Capabilities
This investment by MUTB, already an investor in Churchill Real Estate’s strategies, is seen as a strategic move to enhance Churchill Real Estate’s reach in the U.S. residential and multifamily markets. Churchill Real Estate plans to leverage MUTB’s financial and strategic support to expand its origination, financing, and product capabilities. The partnership aims to grow Churchill Real Estate’s global network of institutional investors and clients, particularly in the U.S. residential sector.
Despite this notable investment, Churchill Real Estate assures that there will be no changes to its strategy, investment process, or day-to-day operations. The terms of the investment were not disclosed.
Building on a Strong Relationship
Derrick Land, a Managing Partner at Churchill Real Estate, expressed enthusiasm about the partnership: “This investment…underscores their belief in our business as well as the deep trust we cultivate with our partners.” MUTB’s investment is seen as a testament to Churchill’s robust business model and strong investor relationships.
Shinichi Takasaka, Executive Officer and General Manager at MUTB Credit Products Investment Division, praised Churchill’s commitment to integrity and innovation, stating, “We are pleased to deepen our already strong and successful relationship.”
A Future of Enhanced Capabilities and Offerings
Churchill Real Estate manages approximately $7.4 billion of assets on behalf of a global institutional investor base, with a significant whole loan servicing book of $2.07 billion. The collaboration with MUTB is expected to further enhance Churchill Real Estate’s capabilities, team, and product offerings, solidifying its position in the U.S. residential real estate market.
Fried Frank acted as legal advisor to Churchill Real Estate, with Piper Sandler & Co. as financial advisor. Baker McKenzie served as legal advisor to MUTB, facilitating this strategic financial partnership.
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