A primary illustration of CastleRock’s multi-faceted platform is its recent alignment and designation of preferred nationwide correspondent status with CWCapital, according to the statement. Castlerock has also been conferred national correspondent status with a pre-eminent Wall Street CMBS firm. “These unique relationships, along with many others, collectively enable CastleRock to not only act in the traditional intermediary capacity, but moreover provide CastleRock clients with more streamlined, direct and efficiently priced access to capital,” the statement says.

CastleRock Mortgage is a commercial real estate finance intermediary and correspondent lender focused on facilitating the entire capital stack for borrowers seeking between $1 million and $500 million. CastleRock prides itself on structuring creative financing solutions for borrowers, combining decades of capital markets knowledge and experience with local operational real estate expertise. According to a prepared statement, borrowers and lenders will benefit from CastleRock’s depth of experience and national platform, as well as its pledge to understand both the short and long term capital plans for a property before recommending a financing structure. “It is this business-minded, partnership approach to commercial real estate finance that sets CastleRock apart from its peers,” says the statement.

Joining Katz at CastleRock are David Katz and Andrew Gendron. David Katz, who serves as chairman of CastleRock, began his professional career more than 25 years ago as an attorney with the Memphis law firm, Glankler, Brown. Katz left the private practice of law 12 years later to join his family’s mortgage banking firm, Memphis-based National Mortgage Co. At National Mortgage, David Katz founded and managed a commercial and multifamily mortgage finance department until the company was sold in 1995. After the sale of National Mortgage Co. to Boatmen’s Bancshares (now Bank of America), in 1995, Katz moved to New York City and joined Sandler O’Neill and Partners LP as a managing director in mortgage finance.

Gendron, a CastleRock executive vice president, has more than 12 years of experience in the commercial real estate arena, most recently serving as a managing director at TenRock Capital. While there, Gendron was responsible for the firm’s commercial real estate portfolio management including nationwide loan servicing and REO advisory. Gendron supervised and implemented cash flow management for individual subsidiaries as well as the parent company. Gendron oversaw individual property managers to ensure optimal leasing operations and administrative support. Gendron’s responsibilities also included the formulation and implementation of liquidation plans for REO property, mitigating losses and managing loan modification and work outs. Gendron was also integrally involved in managing the foreclosure process, loan defaults, insurance, and the tax appeals process for various commercial real estate holdings.