Bridger Expands in Northeast

Bridger Commercial Funding, a commercial mortgage market intermediary that provides loan origination and debt trading services, has opened a new Northeast regional office in New Jersey and appointed Gina Mackenzie to head the office.Ms. Mackenzie will work with Bridger's bank clients in New York, New Jersey, Connecticut, and northeastern Pennsylvania, Bridger said. In order to accommodate growing volume in its commercial mortgage-backed securities business, which Bridger expects to be about double last year's volume, the company also plans to open other offices in the Northeast and add staff in its New Jersey and Washington, D.C., offices. "So far this year we've originated more CMBS loans with more bank clients -- both old and new -- than ever before, outpacing the industry's growth rate by more than three times," said Bob Schonefeld, Bridger's chief executive officer.