Former Freddie Mac CEO David Brickman will take the helm of a newly formed commercial agency lending platform, created by a partnership between commercial mortgage brokerage Meridian Capital Group and investment manager Barings.
Brickman will lead the company as CEO. Under the terms of the agreement, the joint venture will acquire the assets and liabilities of Barings Multifamily Capital, including its licenses to participate in various lending programs. It will operate the agency loan origination and servicing businesses currently conducted by BMC under new ownership, leadership and branding.
The transaction for the new partnership details ⇒
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