Oakland Bank Launches CRE Program

Community Bank of the Bay, Oakland, Calif., has launched a new commercial real estate lending program and appointed Thomas Mitchell to head it up.Mr. Mitchell was most recently a vice president of commercial real estate finance with KeyBank Real Estate Capital in Walnut Creek, Calif., Community Bank said, and has over 20 years of experience in the commercial real estate market. The program will offer "a comprehensive and competitive choice of permanent, bridge and construction financing for commercial, industrial and multifamily residential properties," Mr. Mitchell said. He added that Community Bank's ability to place loans in the secondary market allows it to offer "a variety of rates and terms to accommodate almost any kind of borrower." The bank can be found online at http://www.communitybankbay.com.