Stew Ward is a founder and one of the four Managing Partners of ACORE, with $11+ billion in assets under management in commercial real estate debt strategies. He oversees capital market activities, operations and is a member of ACORE’s investment committee.
Mr. Ward has 35 years of experience in the commercial real estate finance industry and capital markets. Prior to ACORE Capital, he was the Chief Financial Officer of Starwood Property Trust, Inc. (NYSE: STWD), a public mortgage REIT, from October 2010 to May 2014.
Prior to STWD he, along with Mr. Fellows, Mr. de Haan and Mr. Tokarski, founded Countrywide Financial Corporation’s commercial real estate finance business that was launched in 2004 and grew into one of the largest lending platforms in the United States focused on middle markets, closing over 1,250 commercial real estate loans totaling over $11.5 billion. Mr. Ward was responsible for all capital markets activities and risk management. In 2001 Mr. Ward was a founding partner of Coastal Capital Partners, LLC, a firm focused on acquiring distressed debt and advising clients on restructurings. From 1995 to 1999 he led the construction lending business and risk management of Nomura’s commercial real estate finance division, and ultimately co-managed the division. Prior to Nomura, Mr. Ward spent nine years in the fixed income division at Morgan Stanley where he was involved in the creation of the investment bank’s residential mortgage backed securities risk control arbitrage activities, distressed commercial mortgage acquisition and sales as well as establishing their commercial mortgage securitization structuring and trading platform.
Mr. Ward received a B.A. degree in Economics from the University of Colorado and a M.B.A. degree from Carnegie-Mellon University.