Finance i Ohio

Bellwether Enterprise opens new headquarters in downtown Cleveland

Bellwether Enterprise opens new office in downtown Cleveland,ph01

Bellwether Enterprise Real Estate Capital LLC has opened its new headquarters in Cleveland. Located at One Cleveland Center, 1375 E. 9th St., a skyscraper in the heart of Downtown Cleveland, the new office is a modern upgrade.

“We’re excited to begin the New Year in such a beautiful, brand new space. Our headquarters are a reflection of how much we have accomplished, as well as of our renewed commitment to our work and to our home city of Cleveland.” said Ned Huffman, president of Bellwether Enterprise, in a statement. “We look forward to continuing to serve our clients and providing flexible financing solutions from this exciting new home base.”

The new headquarters totals nearly 20,000 square feet and houses 20 offices and 55 workstations for 80 employees. The space was designed by architect and designer Vocon. With an open floor concept, café and views of Cleveland’s skyline, the space reaffirms Bellwether Enterprise’s forward-looking vision, establishing a refreshed base for the company’s nationwide operations.

With 30 offices across the country, Bellwether Enterprise has been headquartered in Downtown Cleveland since 2009. Bellwether Enterprise closed over $7 billion in loan volume in 2018 across all of its offices, of which the Cleveland headquarters team closed over $885 million, including securing a $93 million refinancing loan for the Flats at East Bank in Cleveland. This past year, the Cleveland office also nearly doubled the number of loans from agency lenders Fannie Mae and Freddie Mac, from 17 deals in 2017 to 30 in 2018.