Finance i Ohio

Bellwether Enterprise Real Estate Capital closing 2017 on a surge

Bellwether Enterprise Real Estate Capital LLC had a strong finish to 2017, with an estimated $6.3 billion in loan volume and a servicing portfolio of more than $17 billion. This included the closing of about 825 loans for commercial and multifamily properties in key markets across the United States.

The company’s total loan volume was $1 billion higher than in 2016 – a 19 percent increase – with the total number of loans closed increasing by more than 100 when compared to the previous year.

The company’s growth during the past year is due in large part to Bellwether Enterprise’s team of originators, who closed 2017 with:

More than 250 loans in the Eastern region totaling more than $2.7 billion;

Nearly 120 loans in the Southeastern region totaling more than $1 Billion;

More than 120 loans in the Central region totaling more than $695 million;

Nearly 115 loans in the Western region totaling more than $1 billion, and

The Affordable Group closing about 220 loans with a total loan volume of more than $900 million.