The office has an active pipeline of $55 million plus another$30 million in pending deals that look positive. Boyle is currentlyworking on funding development and acquisition transactions in NewYork City that total more than $40 million. There are also twomid-sized deals in the Chicago suburbs totaling $10 million to $15million. Much of the $30 million in transactions are based in thesouth, he says.

Like its Bethesda office, Green Park's Baltimore operations willbe originating loans nationally. Boyle's rolodex is heavy oncontacts in the Northeast, New York City, Boston and Connecticutmarkets. He also has contacts in Texas, Florida and Georgia.Chicago is another market in which he is expecting to originatedeals. Besides market rate transactions, Boyle--as part of GreenPark's mandate to expand--will be looking to build a book ofbusiness in the senior, student and manufactured housingcategories.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.