Berkeley Point Capital LLC, a lender and asset-management provider for multi-family properties, has expanded its finance options to include loans for commercial real estate such as self-storage, industrial, mixed-use, office, retail and non-agency, multi-family properties. Capital solutions include commercial mortgage-backed security and bridge loans, as well as Fannie Mae, Freddie Mac and Federal Housing Administration financing, company officials said in a press release.
"We worked diligently to broaden the range of financing options we offer to our clients, and are excited now to deliver a full spectrum of commercial real estate capital markets products for all major property types," said CEO Jeff Day.
"Multi-family financing has undergone dramatic changes over the last 10 years as consolidation in the industry has led to commoditized debt offerings,” added Michael C. May, management committee member at Berkeley Point and former executive vice president at Freddie Mac. “Clients are increasingly looking for a trusted provider that can address all of their financing requirements.”
Berkeley Point provides financing, loan-servicing and asset-management services. The company has more than 300 real estate professionals in 15 offices nationwide, and services a portfolio worth more than $26 billion encompassing more than 2,000 loans in 45 states and the District of Columbia.