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Enterprise, Bellwether Form Firm, Plan $1.5B in 2012

CLEVELAND-Locally based Bellwether brings full service expertise, while Enterprise has low-to-moderate multifamily experience.

By Robert Carr | Updated on March 21, 2012

CLEVELAND-Enterprise Community Investment Inc., based in Columbia, MD has merged its multifamily business with locally-based Bellwether Real Estate Capital LLC to create a new company. The new business will be based here and named Bellwether Enterprise Real Estate Capital, though the CEO will remain in Maryland.

Lamar Seats, currently SVP of Enterprise’s Multifamily Mortgage Finance business, will serve as CEO of the new firm. Ned Huffman of Bellwether will serve as president and Debbie Rogan with Bellwether will serve as EVP. Enterprise’s multifamily servicing accounts will be transferred to the new Cleveland company.

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