Steve Wendel Joins CBRE Capital Markets as FHA Lending Head of Production
STEVE WENDEL JOINS CBRE CAPITAL MARKETS AS
FHA LENDING HEAD OF PRODUCTION
Los Angeles – May 12, 2014 – CBRE Group, Inc. today announced that Steve Wendel has joined CBRE Capital Markets’ Multifamily division, as FHA Lending Head of Production. Based in Boston, Mr. Wendel will play a key role in the expansion of CBRE’s FHA Lending platform for multifamily and seniors housing loans. Mr. Wendel will work with CBRE’s FHA originators and the broader range of CBRE’s Multifamily debt producers to originate FHA loans.
”Steve is an accomplished commercial real estate investment professional with nearly three decades of experience,” said Stephanie McFadden, Managing Director, FHA Lending, CBRE Capital Markets. “We look forward to his leadership of our Production team, along with his extensive experience and strategic vision as we continue to grow our FHA team.”
Mr. Wendel joins CBRE Capital Markets from Berkeley Point Capital, where he was Executive Managing Director, and led the FHA, Seniors and Student Housing programs. He previously served as Managing Director, Co-Head, at Deutsche Bank Berkshire Mortgage and as Managing Director, Head of Commercial Real Estate, at ContiFinancial Corporation.
Mr. Wendel is a member of the Mortgage Bankers Association’s Commercial/Multifamily Board of Governors. He is also Chairman of the MBA’s FHA Advisory Committee and Vice Chairman of their Multifamily Council.
Mr. Wendel received an MBA from New York University and a BA from the University of Pennsylvania.
CBRE Multifamilyconsists of more than 300 dedicated multifamily professionalsthat specialize in all aspects of multifamily real estate brokerage and lending. They provide investment and advisory services to meet the financing needs of everyone from small private investors to large public entities. CBRE Multifamily has offices in 65 cities across every major U.S. market and also maintains a strong global presence, with offices on nearly every continent offering strategic advice and execution for residential and multifamily assignments worldwide.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.