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Berkadia: Opportunities on the Horizon?


BargainValueHunter
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http://www.businesswire.com/news/home/20101122005980/en/Berkadia-Commercial-Mortgage-Expand-Commercial-Real-Estate

 

“Berkadia’s fixed-rate loan program is unique in the market,” said Franzetti. “We are in discussions with potential capital markets partners, and Berkadia is poised to be the only mortgage banking firm providing proprietary capital for CMBS loans. This gives our clients the best of both worlds—access to the capital markets delivered by local mortgage bankers.”

 

An additional option under development is a short-term floating-rate loan program to provide interim financing to select multifamily borrowers with pending Fannie Mae or Freddie Mac executions. The bridge loan program will be managed by Berkadia’s Agency Lending Group under the leadership of Executive Vice President John Cannon.

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