Pru FHA CRE Loan Business Adds Offices

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.

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS