The Chotin Group

What The Chotin Group does

The Chotin Group Corporation is a privately-held family office founded in 1984 by Steven B. Chotin and headquartered at 9100 E. Panorama Drive, Suite 100, Centennial, Colorado. The firm operates three investment service lines: Direct Lending (construction, bridge, and mezzanine financing for commercial real estate projects), Real Estate (investments in stabilized assets, new construction, and strategic redevelopment), and Private Equity (capital partnerships with experienced managers of structured-finance vehicles, real-estate funds, and direct corporate investments). Since 2016, Chotin has operated as a family office managing proprietary family capital alongside a small set of partner investments, with no external AUM, no public fundraising, and no disclosed revenue.

The firm's underlying capability is four decades of structured-finance origination, securitization, and asset-management expertise. Historically, Chotin created the non-economic residual market in 1989, built the first national subprime lender via the 1991 acquisition of National Mortgage Corporation (originating $1B+ annually through 2000), issued greater than $4B in Mortgage-Backed Securities through FundAmerica I & II in 1988, and closed 10 CDOs totaling $6.2B in issuance between 2004 and 2007. Founder Steven B. Chotin aided congressional approval of the Secondary Mortgage Market Enhancement Act in the early 1980s, providing deep regulatory and institutional knowledge. From 2008 to 2016, the firm reengaged in self-funded proprietary bond trading on complex MBS and whole-loan pools before settling into its current family-office posture.

The business model is relationship-driven and bilateral: deal flow is sourced through direct principal outreach with commercial real estate developers, real estate investors, and experienced PE/structured-finance managers, with terms (loan rates, mezzanine pricing, equity participation) negotiated per deal and not publicly disclosed. Distribution is conducted from a single Centennial office via phone and email, with no self-serve channels, resellers, or marketing-led acquisition. The team is intentionally lean — five named professionals covering COO, CIO, Controller, Director of Operations & HR, and Assistant Controller — consistent with a family-office operating model rather than a scalable asset manager. Following the founder's passing in 2021, the firm remains under Chotin family ownership and leadership.

Name

The Chotin Group

Legal name

The Chotin Group Corporation

Website

https://chotin.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

The Chotin Group Corporation is a private family office founded in 1984 and headquartered in Centennial, Colorado, that invests across the credit spectrum via three service lines: commercial real estate direct lending, real estate investment, and private equity partnerships with experienced managers.

Ownership category

akta.pro rank

Product category

Private Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (525990)

SIC

Asset-Backed Securities (6189), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

akta.pro secondary industries

Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA), Private/Illiquid Credit (Side Pockets, Trade Claims, Private Situations) (FSAHAGAM)

Keywords

• Commercial real estate lending
• Direct lending
• Private equity investments
• Structured finance
• Real estate investment

Headquarters

HQ city

Greenwood Village

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Direct Lending (commercial real estate): Financing income from commercial real estate projects spanning construction loans, bridge loans, and mezzanine positions. Represents the firm's private short-term commercial lending business.
2. Real Estate Investment: Returns from investments in stabilized real estate, new construction projects, and strategic redevelopment; managed as part of the real estate investment portfolio.
3. Private Equity Partnerships: Capital participation alongside experienced managers in structured finance vehicles, actively managed real estate funds, and direct corporate investments.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

The Chotin Group is a private family office that invests across the credit spectrum through three service lines: Direct Lending (financing for commercial real estate projects via construction, bridge, and mezzanine loans), Real Estate (investments in stabilized assets, new construction, and strategic redevelopment), and Private Equity (partnerships with experienced managers of structured finance vehicles, real estate funds, and direct corporate investments). Deals are sourced bilaterally through principal-level relationships rather than public marketing.

Product overview

The Chotin Group Corporation is a single firm operating as a family office since 2016, organized around three core investment service lines: Direct Lending, Real Estate, and Private Equity. The portfolio is offered under one unified corporate brand rather than as a platform of separately branded products or modules, with each line representing a distinct investment focus managed and evaluated by the firm.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Lending Provides financing for commercial real estate projects ranging from construction loans to bridge loans to mezzanine positions; serves commercial real estate developers and project sponsors seeking flexible, non-bank capital across the capital stack.
• Real Estate Invests in stabilized real estate, new construction projects, and strategic redevelopment opportunities; serves real estate investors and operators seeking patient, principal-driven capital.
• Private Equity Partners with experienced managers of structured finance vehicles, actively managed real estate funds, and direct corporate investments; serves fund managers and principals seeking aligned, long-term family-office capital.

Quantifiable outcome

• $1B+ in subprime loans originated annually from 1991 through 2000
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators7 records

Recent moves6 records

Expansion highlights2 records

Broad incumbents

• BlackRock: World's largest asset manager with significant private credit and structured-products capabilities. Adjacent comparable given Chotin's structured-finance and credit portfolio focus, though Chotin operates as a principal/family office rather than an external asset manager.
• Starwood Capital Group: Global private investment firm focused on real estate, real estate-related debt, and energy infrastructure. Comparable to Chotin's real-estate and structured-finance investment activities, but operates at materially larger scale with external LP capital.
• Fortress Investment Group: Alternative asset manager with significant credit, real estate, and structured-finance expertise (including RMBS and mortgage-related products). Comparable in structured-credit domain expertise, though operates as a public/PE-owned manager rather than family office.
• Cerberus Capital Management: Global alternative investment manager with deep mortgage and structured-credit expertise (including the legacy of the subprime era). Comparable to Chotin's structured-finance and distressed-credit capabilities, though operating as a large multi-strategy fund platform rather than a family office.
• Oaktree Capital Management: Premier alternative investment manager specializing in credit, real estate, and private equity. Comparable in multi-strategy alternative-investments structure and structured-credit expertise, though with external LP capital and significantly larger AUM.
• PIMCO: Global investment manager renowned for fixed income, structured credit, and securitized product expertise. Comparable in mortgage-backed and structured-credit domain knowledge, though operating at vastly larger scale as a public-asset-management platform.

Direct peers

• Angelo, Gordon & Co. Alternative investment manager specializing in credit, real estate, and private equity — with a particular focus on structured credit and securitized products. Closely comparable to Chotin's MBS, CDO, and direct-lending heritage.
• Ladder Capital Corp: Publicly traded commercial real estate-focused direct lender originating senior secured loans, mezzanine debt, and equity investments. Closely comparable to Chotin's Direct Lending and Real Estate service lines across CRE projects.
• Capitala Group: Private investment firm focused on direct lending to lower-middle-market companies and commercial real estate, plus private equity. Comparable to Chotin's Direct Lending and Private Equity service lines for CRE and structured finance.
• Ares Capital Corporation: One of the largest business development companies and direct lenders in the US, with a focus on senior secured loans, mezzanine debt, and private equity co-investments. Comparable to Chotin's specialty finance, CRE lending, and structured credit activities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-chotin-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Chotin Group