Under the National Multi-Family Finance Group's programs, lending opportunities will be available for both small and large qualifying projects, without a cap on the amount of funds potentially available for borrowing. All loans will be non-recourse and will carry a permanent fixed rate. Additionally, the National Multi-Family Finance Group will offer property owners investment advisory and debt recapitalization services.

"This new lending group expands the Coldwell Banker Commercial brand's talent pool and reach throughout the country," says CBC Capitol CEO Rick Davidson. "Our partnership with the national office of Coldwell Banker Commercial solidifies our position as one of the leaders in the commercial real estate industry. We expect this new service line to be a major source of revenue for the national organization." More news is on the horizon for the group, which expects to announce the establishment of a correspondent's agreement with a Fannie Mae DUS lender and a Freddie Mac Seller Servicer in the near future.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.