Finance Midwest

A big 2018 for Bellwether: More than $7 billion in estimated loan volume

Bellwether Enterprise Real Estate Capital LLC finished 2018 strong, with more than $7 billion in estimated loan volume and a servicing portfolio of $22.6 billion. This included the closing of more than 750 loans for commercial and multifamily properties in key markets across the United States. The total loan volume was a 17 percent increase from 2017, a sign of Bellwether Enterprise’s continued growth and potential.

“Bellwether Enterprise has a long history of providing excellent service to our clients, and 2018 was no different,” said Ned Huffman, president of Bellwether Enterprise. “We’re thrilled to report stellar numbers after a prosperous year. These results are a testament to the incredible relationships we have with our clients and lenders, and the effort the whole Bellwether Enterprise team has put into fostering and growing these connections.”

With 30 offices across the country, Bellwether Enterprise’s originators in 2018 closed:

Approximately 310 loans in the Eastern region totaling over $2.6 billion;

Nearly 115 loans in the Southeastern region totaling over $1 billion;

Over 100 loans in the Central region totaling over $888 million;

Nearly 135 loans in the Western region totaling over $1.78 billion, and

The Affordable Group closed nearly 100 loans with a total loan volume of more than $700.8 million.

“As real estate markets continue to become more competitive, our industry expertise and dynamic relationships enable us to stay dominant in the field,” added Huffman. “We’re proud to provide flexible financing solutions, no matter how diverse our clients’ needs. The high number of deals closed and magnitude of loan volume this year reflects this care and consideration for our clients.”