Specialty financial firm CapStack Partners has announced the launch of its new agency loan origination program, with which it can provide its clients with real estate financing through Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA).
The new program represents the next step in the strategic evolution of CapStack’s financial services, which currently include capital sourcing, loan syndications, mergers and acquisitions, and strategic advisory services. The firm plans to continue expanding its offerings over time in order to meet the specific needs of its client base.
“Creating an agency lending platform is a logical next step [for us], as it rounds out our service offering, particularly for our multifamily and senior housing clients,” said David Blatt, CEO of CapStack, in a statement. “Many of our developer relationships focus on such construction and value-add properties. Now, we're more effectively executing the financing through the entire life cycle of a deal, from helping to line up the initial project financing to seamlessly facilitating a stabilized exit.”