Signature Associates-Oncor International of Southfield has formed Signature Capital, a commercial mortgage banking division. The division will finance industrial, office, retail, multifamily and self-storage properties, golf courses and mobile home parks in the $1 million to $100 million range.

The company partnered with key principals of a Michigan-based investment firm, Woodward Financial Group, to form the new division. Gu Chawney, Signature Capital vice president, says the timing for forming the new business is good. “There’s an abundance of financing opportunities in the market today,” he explains, adding that “banks are focusing their attention on long-term lending possibilities. Wall Street, with all its investment banking firms, is aggressively seeking conduit long-term loans. Life insurance companies are continuing their active pursuit of these deals.”

Signature Associates was founded by Steven G. Gordon as an industrial real estate brokerage firm in 1989. Over the last decade, Signature has added office and retail brokerage, property and asset management, and investment sales. “Now we can not only sell and lease properties for our clients, we can help them with the financing, too,” Gordon says. The company employs 65 people in its Southfield offices, including 34 agents.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.