Bellwether Aiming for More Growth

CLEVELAND—As reported in GlobeSt.com, Bellwether Enterprise Real Estate Capital, LLC recently entered into a merger agreement with Towle Financial Services, a mortgage banking firm in Minneapolis and Detroit, and Ned Huffman, Bellwether’s president, says the company is ready to grow even more.

He wants Bellwether Enterprise to have a true national presence, with personnel handling affordable and market-rate business in every region, he tells GlobeSt.com. Although the most important factor in opening a new office or completing a merger is finding the right local partner, “we are especially interested in finding opportunities in some of the areas in the country where we’re currently light,” such as the Southeast. The company does have an office in Raleigh that handles affordable housing, but “we need to go deeper than that.”