EDITOR'S NOTE : The following list contains contact and business information from many of the nation's top lenders that participated in Apartment Finance Today's survey. Note that each company has a national reach, servicing clients in all corners of the nation, except where otherwise noted.
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Access Commercial Mortgage
Contact: Andrew Hantages, CCIM
Phone: (702) 434-0829
E-mail: [email protected]
Web:www.accesscm.com
Lending programs offered: Conduit, conventional
Minimum project size (in units): 5
Minimum loan amount: $500,000
Average loan amount: $1.5 million
Arbor Commercial Mortgage, LLC
Contact: Linda Tschinkel, sales and marketing analyst
E-mail: [email protected]
Web:www.arbor.com
Lending programs offered: Conduit, Fannie Mae, FHA-insured, bridge, mezzanine, permanent, construction, Arbor 85 Preferred
Minimum project size (in units): 4
Minimum loan amount: $500,000
ARCS Commercial Mortgage
Contact: Howard Levine, president and CEO
Phone: (800) ASK-ARCS
E-mail: [email protected]
Web:www.askARCS.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured
Minimum project size (in units): 5
Minimum loan amount: $1 million
Average loan amount: $7 million
Bank of America
Contact: Greg Barnard
Phone: (202) 442-7527
E-mail: [email protected]
Web:www.bankofamerica.com
Bulls Capital Partners, LLC
Contact: Doug Westfall, senior vice president, production
Phone: (703) 891-7006
E-mail: [email protected]
Web:www.bullscapitalpartners.com
Lending programs offered: Conduit; Fannie Mae
Minimum project size (in units): 4
Minimum loan amount: $1 million
Average loan amount: $6 million
Business Loan Express
Contact: Dean Shulman, manager, investment property finance
Phone: (646) 723-5140
E-mail: [email protected]
Web:www.blxonline.com
Lending programs offered: Conduit, bridge loans, high leverage
Minimum loan amount: $400,000
Average loan amount: $2 million
CapitalSource
Contact: Christopher Kelly
Phone: (212) 321-7213
E-mail: [email protected]
Web:www.capitalsource.com
Lending programs offered: Bridge loans (3-5 years)
Minimum loan amount: $5 million
Average loan amount: $25 million
Capmark Finance, Inc.
Contact: Steven Fayne, senior vice president
Phone: (415) 293-1302
E-mail: [email protected]
Web:www.capmark.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured
CB Richard Ellis
Contact: Brian Stoffers, president
Phone: (713) 787-1900
E-mail: [email protected]
Web:www.cbre.com/capitalmarkets
Lending programs offered: Conduit, Fannie Mae, Freddie Mac
Minimum loan amount: $1 million
CharterMac
Contact: Justin Ginsberg, managing director
Phone: (212) 521-6369
E-mail: [email protected]
Web:www.chartermac.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured, insurance company, balance sheet
Minimum project size (in units): Varies based on the loan and the project
Citibank
Contact: Tom Lawyer, director, Commercial Real Estate Finance
Phone: (888) 433-7803
Web:www.citibank.com/us/realestategroup/main
Lending programs offered: Conduit
Minimum project size (in units): 5
Minimum loan amount: Approximately $1 million
Citibank Community Development
Contact: Andrew Ditton, director
Phone: (718) 248-4611
Web: www.citigroup.com/citigroup/citizen/community/devgroup.htm
Minimum project size (in units): 5
Minimum loan amount: None
Collateral Real Estate Capital
Contact: John W. Davis, executive managing director/loan production
Phone: (205) 978-1840
E-mail: [email protected]
Web:www.collateral.com
Lending programs offered: Conduit, Fannie Mae DUS, Freddie Mac Program Plus, FHA-insured MAP-approved, insurance company correspondent, commercial bank
Minimum loan amount: $1 million
Comerica
Contact: David Gonzalez, vice president, business development
Phone: (818) 379-2966
E-mail: [email protected]
Web:www.comerica.com
Lending programs offered: Conduit
Minimum project size (in units): 4
Minimum loan amount: $250,000
Average loan amount: $2.5 million
Commercial Mortgage Capital
Contact: Mark Scott
Phone: (973) 316-8999
E-mail: [email protected]
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, insurance company, construction, construction/permanent
Minimum project size (in units): 10
Minimum loan amount: $2 million
Average loan amount: $16 million
CORUS Bank
Contact: Michael G. Stein, executive vice president
Phone: (773) 832-3542
E-mail: [email protected]
Web:www.corusbank.com
Minimum loan amount: $20 million
Average loan amount: From $20 to $200 million
Credit Suisse/Column
Contact: Nancy Smith
Phone: (212) 538-1967
E-mail: [email protected]
Web:www.columnfinancial.com/ MyColumn/index.aspx
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured, affordable housing debt conduit
Minimum project size (in units): 40
Minimum loan amount: $1 million
Average loan amount: $8.5 million
Cushman Rexrode Capital Corp.
Contact: Gabe Shuken, broker
Phone: (925) 988-7200
E-mail: [email protected]
Web:www.cushrex.com
Lending programs offered: Interest only, 1-3 years
Minimum project size (in units): Any
Minimum loan amount: $100,000
Average loan amount: $1 million
Geographic area: California
CWCapital
Contact: Michael Berman, president
Phone: (781) 707-9300
Web: www.cwcapital.com
Lending programs offered: Conduit, Fannie Mae, FHA-insured, mezzanine, balance sheet construction, bridge loans
Minimun loan amount: $2 million
Average loan amount: $12 million
Deutsche Bank Commercial Real Estate
Contact: Tobin Cobb, co-head, North America
Phone: (212) 250-6842
E-mail: [email protected]
Web:www.db.com/cre
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured
Minimum loan amount: $3 million
Direct Lending Group
Contact: Andy Torrence, president and CEO
Phone: (206) 267-5055
E-mail: [email protected]
Web:www.dlendinggroup.com
Lending programs offered: Hard money loans
Minimum loan amount: $100,000
Average loan amount: $500,000
Enterprise Community Investments
Contact: Jesse Alfriend, vice president, multifamily mortgage finance
Phone: (410) 964-0552
E-mail: [email protected]
Web:www.enterprisecommunity.com
Lending programs offered: Conduit, Fannie Mae
Minimum project size (in units): 15
Minimum loan amount: $750,000
Average loan amount: $25 million
Great Lakes Financial Group
Contact: Carl Corrado
Phone: (216) 861-1300
E-mail: [email protected]
Web:www.greatlakesfg.com
Lending programs offered: Conduit, Freddie Mac, FHA-insured, insurance company
Minimum project size (in units): 20
Minimum loan amount: $1 million
Average loan amount: $4 million
Geographic area: Mid-Atlantic and North Central
Green Park Financial
Contact: Howard Smith, executive vice president and chief operating officer
Phone: (301) 215-5500
E-mail: [email protected]
Web:www.greenparkfinancial.com
Lending programs offered: Conduit, Fannie Mae
Average loan amount: $10.7 million
Greystone Servicing Corp.
Contact: Billy Posey, chief executive officer
Phone: (901) 399-7722
E-mail: [email protected]
Web:www.greyco.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured, bridge loans
Minimum loan amount: No minimum
Average loan amount: $4.7 million
Harbor Point Capital
Contact: Hal Kendrick, president
Phone: (972) 383-2121
E-mail: [email protected]
Web:www.harborpointcapital.com
Lending programs offered: Fannie Mae
HomeStreet Capital
Contact: Pat Leach, executive vice president, income-property lending director
Phone: (888) 999-7909
E-mail: [email protected]
Web:www.homestreetcapital.com
Lending programs offered: Conduit, Fannie Mae, insurance company, HomeStreet Bank portfolio
Minimum loan amount: $1 million
Average loan amount: From $3 to 10 million
IMPAC Commercial Capital Corp.
Contact: Rick Davenport, executive vice president
Phone: (949) 475-3777
E-mail: [email protected]
Web:www.impaccommercial.com
Lending programs offered: Small-balance ($500,000–$7.5 million) multifamily and commercial portfolio loans
Minimum loan amount: $500,000
Average loan amount: $1.4 million
KeyBank Real Estate Capital
Contact: John Case
Phone: (216) 689-4924
E-mail: [email protected]
Web:www.key.com/realestatecapital
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured, insurance company, construction & interim, project mezzanine & equity
Minimum project size (in units): no minimum
Minimum loan amount: $500,000
Lancaster Pollard
Contact: Brian Pollard, senior managing director
Phone: (614) 224-8800
E-mail: [email protected]
Web:www.lancasterpollard.com
Lending programs offered: FHA-insured, USDA
Average loan amount: $4.5 million
M&T Realty Capital Corp.
Contact: Tari Flannery, president
Phone: (800) 737-2344
E-mail: [email protected]
Web:www.MandTRealtyCapital.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured
Minimum loan amount: $1 million
Average loan amount: Approximately $6 million
Met-West Commercial Lender
Contact: Matt Williams, branch manager
Phone: (503) 516-5823
E-mail: [email protected]
Contact: Rafael Amaro, regional manager
Phone: (770) 841-8554
E-mail: [email protected]
Web:www.met-west.com
Lending programs offered: Conduit
Minimum loan amount: $100,000
Average loan amount: $800,000
MMA Financial
Contact: Gary Mentesana, executive vice president
Phone: (877) 461-4895
E-mail: [email protected]
Web:www.MMAFin.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac
Minimum loan amount: $1 million
New York Community Bancorp, Inc.
Contact: James J. Carpenter, senior executive vice president and chief lending officer
Web:www.mynycb.com
Minimum project size (in units): 5
Average loan amount: $3.5 million
Geographic areas: Northeast, Mid-Atlantic
NorthMarq Capital, Inc.
Phone: (952) 356-0100
Web:www.northmarq.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured, insurance company
Minimum loan amount: $500,000
Average loan amount: $10 million
Prudential Mortgage Capital Co.
Contact: David Twardock, president
Phone: (888) 263-6800
E-mail: [email protected]
Web:www.prudential.com/mortgagecapital
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured; insurance company
Minimum loan amount: $5 million
Q10 Capital, LLC
Contact: Paul K. Mendenhall
Phone: (801) 323-1088
E-mail: [email protected]
Web:www.q10capital.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, insurance company
Red Mortgage Capital Group, Inc.
Contact: Mark C. Beisler and James F. Croft, presidents and chief operating officers
Phone: (800) 837-5100
E-mail: [email protected]
Web:www.redcapitalgroup.com
Lending programs offered: Conduit, Fannie Mae, FHA-insured
Red Stone Partners, LLC
Contact: Jim Gillespie, senior vice president
Phone: (212) 297-1800
E-mail: [email protected]
Web:www.redstoneco.com
Lending programs offered: FHA-insured, proprietary/private label lending and credit enhancement and bond purchase
Minimum project size (in units): 100
Minimum loan amount: $5 million
Average Loan Amount: $12.5 million
Sterling Commercial Capital
Contact: Patricia Opert, vice president
Phone: (203) 366-0320
E-mail: [email protected]
Web:www.sterlingcommercialcapital.com
Lending programs offered: Conduit, fixed-rate permanent loans, bridge loans, term loans
Minimum loan amount: $500,000
Average loan amount: $3.5 million
Tremont Realty Capital
Contact: Richard Gallitto, executive director
Phone: (617) 867-0700, x772
E-mail: [email protected]
Web:www.tremontcapital.com
Lending programs offered: Conduit, bridge loans, mezzanine loans
Minimum loan amount: $3 million
Average loan amount: $15 million
U.S. Bank
Contact: Gerald H. Thole, senior vice president
Phone: (651) 604-2685
E-mail: [email protected]
Web:www.usbank.com
Lending programs offered:
Minimum project size (in units): 50 (exceptions may be made in all of these categories for repeat clients)
Minimum loan amount: $2 million
Average Loan Amount: $4-5 million
Wachovia Corp.
Contact: Brett Smith
Phone: (704) 383-6315
E-mail: [email protected]
Web:www.wachovia.com
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured, insurance company
Minimum loan amount: $5 million
Washington Mutual Bank
Contact: Don Brewer, senior vice president, community lending
Phone: (206) 461-2503
E-mail: [email protected]
Web:www.wamu.com
Lending programs offered: Portfolio construction and permanent loans, credit enhancement and private-placement tax-exempt bonds
Minimum project size (in units): None
Minimum loan amount: $500,000
Average Loan Amount: $3 million
Wells Fargo Multifamily Capital
Phone: (877) 734-5592
E-mail: [email protected]
Web:www.wellsfargo.com/wfcm
Lending programs offered: Conduit, Fannie Mae, Freddie Mac, FHA-insured
