Wessel: The healthcare and senior-housing sectors are currently tremendous growth markets and will remain so into the future. Pillar recognizes the ample opportunities for loan originations for both of these product types. Additionally, CMBS demand for traditional multifamily will continue to remain strong throughout 2016.

GlobeSt.com: Which geographic areas in Southern California will see the most CMBS activity this year?

Wessel: We expect the bulk of Pillar's CMBS activities will center primarily around Los Angeles, Orange and San Diego counties.

GlobeSt.com: What else should our readers know about your firm?

Wessel: Pillar's multifamily loan-origination platform remains strong and stable. We have a steady and growing pipeline. I expect our total multifamily lending volume will increase substantially this year. Even though the CMBS market is currently somewhat volatile, Pillar is committed to its CMBS lending platform. In my new position with the firm, I look forward to introducing and providing Pillar”s CMBS and other lending products to my existing and new client base.

IRVINE, CA—There are ample opportunities for loan originations for both healthcare and multifamily, and CMBS demand for traditional multifamily will continue to remain strong throughout 2016, Pillar's managing director for CMBS originations Brent Wessel tells GlobeSt.com. We spoke with Wessel after his recent appointment to this role about trends in CMBS healthcare and multifamily lending.

GlobeSt.com: What do you hope to accomplish in your new role with Pillar?

Wessel: I look forward to providing current and future Pillar clients with multiple financing options, including CMBS, Fannie Mae, Freddie Mac, HUD, bridge, and portfolio loan products. I will utilize my deep network, knowledge base and background in the CRE lending market to promote the Pillar brand within the commercial and multifamily industry on the West Coast, as well as nationally.

GlobeSt.com: What trends do you see emerging in direct CMBS lending for healthcare and multifamily properties?

Wessel: The healthcare and senior-housing sectors are currently tremendous growth markets and will remain so into the future. Pillar recognizes the ample opportunities for loan originations for both of these product types. Additionally, CMBS demand for traditional multifamily will continue to remain strong throughout 2016.

GlobeSt.com: Which geographic areas in Southern California will see the most CMBS activity this year?

Wessel: We expect the bulk of Pillar's CMBS activities will center primarily around Los Angeles, Orange and San Diego counties.

GlobeSt.com: What else should our readers know about your firm?

Wessel: Pillar's multifamily loan-origination platform remains strong and stable. We have a steady and growing pipeline. I expect our total multifamily lending volume will increase substantially this year. Even though the CMBS market is currently somewhat volatile, Pillar is committed to its CMBS lending platform. In my new position with the firm, I look forward to introducing and providing Pillar”s CMBS and other lending products to my existing and new client base.