|By PR Newswire||
|December 16, 2013 09:00 AM EST|
NEW YORK, Dec. 16, 2013 /PRNewswire/ -- CCRE, a fully-integrated commercial real estate finance company, today announced the opening of a new office in San Francisco, California. Bill Whalen, formerly of Wells Fargo Multifamily Capital, has been appointed Managing Director, and will head operations for the new San Francisco office location. He will be focused on originating fixed and floating rate loans, and expanding the firm's multi-family lending business in California and other West Coast markets. He will report to Anthony Orso, Chief Executive Officer of CCRE.
"Our expanded presence in California demonstrates our unwavering, long-term commitment to providing clients with local expertise and in-depth knowledge of the commercial real estate market," said Mr. Orso. "There continues to be lending demand across the country, and I anticipate that Bill will make a significant and immediate impact to our expanding West Coast multi-family lending and securitization business. San Francisco is a very competitive real estate finance market, and we plan to leverage Bill's long history there to aggressively accelerate our growth in this region while continuing to provide exceptional value added services to our clients."
"I am thrilled to be joining a firm with such great opportunity for expansion and well positioned for continued growth. I am firmly committed to enhancing our ability to serve the San Francisco market, and providing our clients with deep market intelligence and unparalleled service," added Mr. Whalen.
Mr. Whalen was previously a Managing Director at Wells Fargo Multifamily Capital where he was responsible for originating over $500 million in Fannie Mae, Freddie Mac and Balance Sheet loans. Earlier, he held senior positions at Hamilton Zanze & Company and Wachovia. Mr. Whalen graduated with a B.A. in Economics from the University of New Mexico.
In addition to San Francisco, CCRE also has offices in New York, Los Angeles, Orange County, Dallas, Chicago, Atlanta, Seattle and Washington, DC.
CCRE is a fully-integrated commercial real estate finance company providing innovative financing solutions to the real estate capital markets. CCRE originates competitively underwritten fixed- and floating-rate mortgages and mezzanine loans secured by diverse asset types in most major U.S. markets. CCRE is capitalized by strong institutional sponsorship including affiliates of CIM Group and Cantor Fitzgerald, L.P., and is led by an experienced team of real estate professionals with extensive track records originating, structuring, managing and distributing commercial real estate loans in various economic cycles. For more information, visit www.ccre.com.