New York-based private equity real estate investor SomeraRoad Inc., led by founder and principal Ian Ross, is an active buyer, having launched a commercial mortgage-backed securities (CMBS) and collateralized loan obligation (CLO) platform with a fresh bucket of capital on deck for distressed opportunities. It recently hired Amit Patel, a structured finance and CMBS veteran from Bayview Asset Management to help lead the push and head up the firm’s CMBS trading practices.
