Capital One Financial has consolidated its commercial real estate lending units, in an attempt to further integrate Beech Street Capital, the multifamily mortgage firm it acquired last year.

The resulting unit, called Capital One Multifamily Finance, combines its existing commercial lending operations with Beech Street's nine offices nationwide, the McLean, Va., company said this week. The move blends Beech Street's specialization in government-insured loans with Capital One's focus on balance-sheet CRE lending.

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