Prudential Huntoon Paige, the FHA-insured commercial mortgage loan business of Prudential Mortgage Capital, Newark, N.J., has expanded operations by opening a Rocky Mountain regional office in Englewood, Colo., and a Midwest regional office in Chicago.Prudential Huntoon Paige is looking for about $425 million in FHA business this year, Prudential said. To further this goal, the group has hired Carolyn McMullen to head its Midwest office. She previously was a mortgage banker with GMAC Commercial Mortgage, Prudential reports. And Martin Herz, who joined Prudential in 1998, has been named a principal responsible for FHA production at the group’s Rocky Mountain office.
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