Eighteen months after becoming a Fannie Mae multifamily "DUS" lender, CB Richard Ellis has reached the $1 billion mark in originations. The Boston-based real estate and lending company launched its DUS initiative in April 2008. In 2009, the company has closed $605 million in product to date. Nearly 60% of its volume was generated in collaboration with its investment sales team, financing the acquisition of properties. The group is headed by Peter Donovan, who serves as president.
Processing Content
