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BALTIMORE-The Bethesda-based multifamily lender Green Park Financial has opened a new office in Baltimore, and placed Patrick Boyle at the helm as assistant vice president in the production group. Boyle, whose CV include similar positions at M&T Realty Capital Corp., Mercantile Bank and J.P. Morgan Securities, tells GlobeSt.com he expects the Baltimore office to close between $150 million to $200 million over the next 12 months.

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

Like its Bethesda office, Green Park’s Baltimore operations will be originating loans nationally. Boyle’s rolodex is heavy on contacts in the Northeast, New York City, Boston and Connecticut markets. He also has contacts in Texas, Florida and Georgia. Chicago is another market in which he is expecting to originate deals. Besides market rate transactions, Boyle–as part of Green Park’s mandate to expand–will be looking to build a book of business in the senior, student and manufactured housing categories.

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