CounterpointeSRE Adds Industry Veteran Huxley Somerville to Build Asset Management Team
STAMFORD, Conn.--(BUSINESS WIRE)--Sustainable real estate finance company Counterpointe Sustainable Real Estate (CounterpointeSRE) has appointed former Fitch alumnus, Huxley Somerville, as managing director to lead its asset management team across commercial mortgages, C-PACE (commercial property assessed clean energy) and energy transactions.
Somerville spent 28 years at Fitch Ratings, most recently as head of North American CMBS where he grew an analyst pool of twenty at the end of the global financial crisis to a group of over seventy, all the while establishing Fitch as the leader in CMBS ratings. His tenure at Fitch also included heading Fitch's EMEA structured finance team in London and its AsiaPac structured finance team in Sydney, as well as co-heading REIT ratings, leading North American RMBS, and managing corporate communications. At CounterpointeSRE, Huxley will lead a team to oversee and manage assets including C-PACE, bridge loans and energy project financings.
'Huxley Somerville brings to CounterpointeSRE a wealth of experience and real estate knowledge in order to continue our growth as an established sustainable investment firm,' said Eric Alini CEO & Founder of CounterpointeSRE. 'We look forward to his leadership as we expand our business.'
Since 2013, CounterpointeSRE has been instrumental in the foundations of the C-PACE industry and has grown to include green mortgages and energy project finance. Somerville's appointment will accelerate CounterpointeSRE's impact as a versatile and experienced sustainable real estate and energy finance partner.
About CounterpointeSRE
CounterpointeSRE operates at the intersection of commercial real estate and energy industries providing bridge mortgage, C-PACE and other energy financial products. As a portfolio company of MassMutual, our focus is to provide one-stop sustainable finance solutions to our commercial real estate owners/operators.
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