Trimont Completes Acquisition of Wells Fargo’s Non-Agency Third-Party Commercial Mortgage Servicing Business

Transaction Solidifies Trimont’s Position as the Largest Loan Servicer in the U.S. Commercial Real Estate Industry

ATLANTA (1 March 2025) – Trimont, the leading global commercial real estate loan services provider, is pleased to announce the successful closing of its acquisition of Wells Fargo’s non-agency third-party Commercial Mortgage Servicing (CMS) business today. This transaction firmly establishes Trimont as the largest servicer of CRE securitized debt in the United States.

The transaction, backed by Värde Partners, significantly expands Trimont’s portfolio, adding more than 19,000 loans and secured by 21,500 properties. With this expansion, Trimont is now managing a combined USD 700 billion of CRE loans in the United States, equivalent to approximately 11% of the U.S. CRE lending market.

The successful acquisition enhances Trimont’s capabilities through the addition of the non-agency third-party CMS business, a specialist in securitized debt products such as CMBS conduit, SASB, CLOs, and Freddie Mac K-series. This strategic integration allows Trimont to deliver comprehensive servicing solutions across all non-bank CRE lending structures, including Master Servicing.

Further solidifying its market leadership, Trimont now stands as the largest non-bank owned Master Servicer in the United States. To close the transaction, Trimont secured Master Servicer ratings from four rating agencies: Fitch, S&P, DBRS Morningstar and KBRA.

“With this acquisition, Trimont not only expands its service offerings but also enhances its ability to meet the evolving needs of the commercial real estate lending market,” stated Bill Sexton, CEO of Trimont. “We are thrilled to officially welcome the more than 700 talented team members from Wells Fargo CMS and are committed to leveraging our combined expertise to deliver exceptional service and value to our clients.”

The signing of the definitive agreement to acquire Wells Fargo’s non-agency third-party CMS business was previously announced on 20 August 2024. Trimont will be adding offices in Charlotte, North Carolina, Bengaluru, India and Hyderabad, India to accommodate transferring staff.

Funding for the transaction was provided by Värde Partners, a global alternative investment firm, which has owned Trimont through certain funds since 2015. Värde has more than a decade of experience owning and developing real estate servicing platforms and is committed to its long-term investment in Trimont.

“Acquiring Wells Fargo’s non-agency third-party CMS business marks a significant milestone for Trimont, reinforcing its leadership in the commercial real estate sector,” commented Jim Dunbar, Chair of Trimont and Partner at Värde Partners. “This acquisition not only enhances Trimont’s market position but also sets the stage for sustained growth and innovation. We are excited about the future of the business and the CRE finance industry.”

J.P. Morgan Securities LLC served as financial advisor with Goldman Sachs & Co. LLC providing additional advisory services while Kirkland & Ellis, Cadwalader, Wickersham & Taft LLP, and Trilegal served as legal advisors to Trimont and Värde Partners.

About Trimont

Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders and investors seeking the infrastructure and capabilities needed to help them scale their business and make informed, effective decisions related tothe deployment, management and administration of commercial real estate secured credit.

Data-driven, collaborative and focused on commercial real estate, Trimont brings a distinctive mix of intelligent loan analysis, responsive communications, and unmatched administrative capabilities to clients seeking cost-effective solutions at scale.

Founded in 1988 and headquartered in Atlanta, Trimont’s team of 1100+ employees serves a global client base from offices in Atlanta, Bengaluru, Charlotte, Dallas, Hyderabad, Kansas City, London, New York and Sydney. The firm currently has USD 700B+ in loans under management and serves clients with assets in 72 countries.

For additional information, please contact:
Lauren Holmes
Executive Director, Marketing and Public Relations
Trimont
+1 404 581 7409
lholmes@trimont.com