Seth Fisher is a Principal and Head of Special Situations at Prime Finance and a member of the firm’s Special Situations Investment Committee. He is responsible for investment, portfolio construction, and asset management activity for the strategy, which Prime now refers to as Strategic Capital Solutions.

Prior to joining Prime Finance, Seth was Chief Investment Officer of Equity Investments for Starwood Property Trust’s REIS segment, where he led middle-market investment activity tied to CMBS exposure and commercial real estate special situations. Earlier in his career, he held roles across predecessor business lines at LNR Property, including credit investment activities, note sales, and loan workouts. Seth graduated from the Wharton School at the University of Pennsylvania with a B.S. in Economics.

Insights from Seth Fisher on Strategic Capital Solutions

A borrower may need a stretched senior loan, preferred equity, mezzanine debt, structured equity, or another capital solution altogether. For Seth Fisher and the team at Prime Finance, the advantage is being able to match the capital structure to the sponsor, the asset, and the situation.

That flexibility matters in a market where commercial real estate capital structures are still recalibrating for a normalized rate environment. Banks are being more strategic with capital, borrowers are hesitant to lock into long-term fixed-rate debt, and private credit is playing a larger role in how real estate borrowers solve for flexibility. Prime’s rebrand from Special Situations to Strategic Capital Solutions reflects a business that includes secondary loan acquisitions and partnership capital for complex situations.

In this episode of The Dealmakers’ Edge, Aaron Strauss and Seth Fisher discuss how today’s recapitalization environment is shaping private credit, why Prime shifted from Special Situations to Strategic Capital Solutions, how flexible capital solutions are structured in practice, and why repeat relationships remain central to deal flow, credibility, and execution in commercial real estate.

1:53 - Learning real estate basics in industrial brokerage

3:15 - How the GFC shaped Seth’s view of risk and downside protection

4:14 - Building the three legs of special situations investing

6:31 - Moving back to Chicago and joining Prime Finance

7:57 - Strategic Capital Solutions and the specialized platform model

10:27 - The current era of recapitalization

16:58 - Rebranding from Special Situations to Strategic Capital Solutions

21:18 - Building relationships before you need them

23:18 - Managing stress by breaking problems into smaller pieces

Mentioned In Strategic Capital Solutions in a Recalibrating Market with Seth Fisher

Prime Finance | LinkedIn

Seth Fisher on LinkedIn

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