Ilir Telegrafi is a Managing Director of Capital Markets and Investments at TerraCotta, focused on CRE finance. Ilir is responsible for managing the firm’s lender financing relationships in addition to various aspects of credit investments. Ilir is a capital markets, originations, underwriting, investment, and portfolio management professional with over 19 years of CRE structured credit experience including balance sheet loans, CMBS (conduit, floating rate large loan, and single borrower) and CRE CLO transactions, RCF, and underlying repo (warehouse) lending.

Prior to joining TerraCotta in 9/2023, Ilir was a senior member of MUFG’s CRE Capital Solutions group from 12/2021 through 7/2023 and was responsible for the originations, underwriting and portfolio management of a $4B+ portfolio of CRE bridge and construction loans pledged to bilateral master repurchase facilities. Prior to that, Ilir was formerly a senior credit officer and CRE credit risk management team lead on US CRE lending exposure of $9.4B at Bank of China, from 6/2019 through 11/2021, providing credit analysis, mortgage structuring, cash flow modeling, and portfolio management for CRE balance sheet loan originations to institutional grade sponsors and senior RCFs to REITs and CRE management companies. Previously, Ilir was a senior structured credit analysis professional, from 4/2009 through 5/2019, in the Principal Investments – Structured Products group of Wells Fargo Bank (“WFB”), where he performed credit analysis, advised on investment decisions, and provided portfolio monitoring and surveillance on a CMBS/CRE CLO transactions portfolio totaling $24B in AUM. From 12/2004 through 3/2009, Ilir worked in the CMBS Originations group of WFB, where he contributed in the structuring, origination, underwriting, and closing of over $4.0B of CMBS conduit loans. Ilir is the recipient of the 2007 WFB Commercial Mortgage Baucom Award, in recognition of credit risk and underwriting excellence.

Ilir graduated from New York University – Stern School of Business in 5/2004 with a B.S. in Finance and Accounting (minor in Economics).