Oaktree-backed Formida Capital Enters Market to Bridge Gaps in Middle-Market Real Estate Financing

Formida Capital, a real estate capital solutions provider, announced its official launch today. Backed by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), Formida offers flexible solutions across the entire capital stack, providing debt, mezzanine financing, and equity for real estate projects throughout the U.S. The company is led by President Wade Hundley, formerly CEO of Starwood/TPG-backed venture ST Residential. Hundley is joined by Jeffrey Giudice, Managing Partner and Head of Lending, who leads the firm's direct lending business. Giudice brings extensive experience from his recent role as Managing Director and Head of the West Coast office for Ladder Capital. Additionally, Formida has brought Jordan Kirkbride on as Managing Director of the Loan Originations team, who joined from CBRE and Hodges Ward Elliott, where he spent six years advising on hospitality debt.

Formida Capital, an Oaktree Capital portfolio company
Jeffrey Giudice | Managing Partner & Head of Lending

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