Broadsword Investors, founded by Paul Smyth and Cary Williams is proud to announce it has reached a new correspondent agreement with X-Caliber Capital. Broadsword will source originations for the various X-Caliber lending initiatives, in addition to the debt and equity products Broadsword currently offers. Additionally, the Broadsword / X-Caliber partnership will provide innovative and competitive bridge, mezzanine, and preferred equity capital. As former colleagues at Credit Suisse, Bank of America Merrill Lynch and other investment firms, the parties have a long history of collaboration.
“We are pleased to be working with Chris once again and look forward to expanding the X-Caliber footprint through our network of Broadsword relationships and markets. The Texas and Western markets are very active with expectations for sustained loan demand for all of the X-Caliber products” says Paul Smyth. “This is a great opportunity to add new and different financing programs to compliment Broadsword’s existing debt and equity products” added Cary Williams. “We look forward to building our strategic partnership and feel confident Broadsword will be effective in providing an additional level of customer service for our clients in their markets,” added Chris Callahan, Chief Executive Officer and President of X-Caliber Capital.
About Broadsword Investors
Broadsword Investors, LLC was founded in 2017 by seasoned investment banking and asset management colleagues to create a cutting edge specialty finance firm. The company specializes in debt and equity strategies for commercial real estate. Through an extensive network of strategic partners within the banking and development communities, Broadsword is able to provide efficient debt and equity options for investors at the various stages of project planning, development, finance and sales.
About X-Caliber Capital
The Phares Company, soon to be operating as X-Caliber Capital, is a nationally-recognized direct lender that has been building long-term relationships with our clients for over 25 years. As a privately-owned, FHA and GNMA approved lender and servicer, our real estate finance professionals will structure the most attractive financing solutions for market-rate multifamily and affordable housing, as well as healthcare facilities and hospitals.