Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TYSONS CORNER, VA-In a recent move to extend its services and expertise to the multifamily market, Coldwell Banker Commercial Capitol Realty Services has decided to create a new division, the National Multi-Family Finance Group. The new entity will supply financing for apartment projects to clients of CBC Capitol’s long list of affiliates in 450 branches across the US. Thomas Mulroney, an industry veteran, will spearhead the group from its Tysons Corner headquarters.

Under the National Multi-Family Finance Group’s programs, lending opportunities will be available for both small and large qualifying projects, without a cap on the amount of funds potentially available for borrowing. All loans will be non-recourse and will carry a permanent fixed rate. Additionally, the National Multi-Family Finance Group will offer property owners investment advisory and debt recapitalization services.

“This new lending group expands the Coldwell Banker Commercial brand’s talent pool and reach throughout the country,” says CBC Capitol CEO Rick Davidson. “Our partnership with the national office of Coldwell Banker Commercial solidifies our position as one of the leaders in the commercial real estate industry. We expect this new service line to be a major source of revenue for the national organization.” More news is on the horizon for the group, which expects to announce the establishment of a correspondent’s agreement with a Fannie Mae DUS lender and a Freddie Mac Seller Servicer in the near future.

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
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.