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Affinity Bank Renews Portland Presence

PORTLAND-The Ventura, CA-based commercial real estate lender run by locally-grown Michael McGuire hires mortgage banker Clain Brandt -- part owner and former president of Customer First Real Estate Services Network in Eugene -- to take control of the year-old Portland office from Alfred Bookman.

By Brian K. Miller | Updated on December 03, 2001

PORTLAND-Affinity Bank, the Ventura, CA-based commercial real estate lender with a strong Portland connection, has a new regional manager for the Portland loan production office it launched in January.

Clain Brandt, a veteran commercial mortgage banker educated at OSU and PSU, is now overseeing the firm’s lending operations throughout Washington and Oregon, says the company’s National Sales Manager James Barnett, adding that company president Michael McGuire and two of his senior vice presidents also are former residents of Oregon.

Affinity, which focuses on permanent loans from $500,000 to $5 million, has about $530 million in assets and generates about $300 million annually in commercial mortgages, “selling a lot of them into the secondary market,” says Barnett. Brandt tells GlobeSt.com the company anticipates lending not less than $50 million over the next 12 months throughout the Northwest states of Oregon and Washington.

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CRE strategies and business decisions are only as strong as the data that powers them, and that data better be correct. This self-assessment will help you gauge your current data management capabilities.

Assessment

Sponsored by Cherre

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