REAL ESTATE INVESTMENT, MORTGAGE AND LENDING
Gantry | January 23, 2023
Gantry, the largest independent commercial mortgage banking firm in the United States, recently informed that it produced $4.93 billion in commercial mortgages in 2022.
Meanwhile, even in 2021, Gantry had produced about $5.15 billion despite economic instability. It has broken records in the last three decades, completing the second-best production of commercial mortgage banking operations.
Jeff Wilcox, Principal of Gantry, said, "Last year was a tale of two halves, where after record setting Q1 and Q2 production totals, the market slowed for price discovery during the second half of the year. Despite the challenges, we have an experienced team that has successfully navigated cycle shifts in the past and operates proactively from that perspective."
(Source - Business Wire)
With $17.5 billion in national-level business in 2022, Gantry has no failed or missed transactions in asset types. This performance led to active interactions with clients as the originator and service provider, an actual rating at the time of placement, and a consultative role in choosing the best financial plan for the client's unique investment objectives. In addition, it examines every investment keenly for variations in performance, maturities, and tenant rollover at the annual assessments.
In 2022, Gantry provided 476 loans, including every type of commercial asset class. Around 85% of Gantry's 2022 production was financed by life insurers, regional banks, and credit unions, with each type of lender performing better for various borrowers. In terms of asset classes, Gantry continues to secure office, retail, and lender-preferred industrial and multifamily loan deals. In addition, Gantry successfully funded specialty assets, such as healthcare and self-storage, through various correspondent or associate lenders.
About Gantry
Gantry, a San Francisco-based private mortgage bank, has many correspondent lenders that use its production, closing, and servicing services. The company, founded in 1991, has approximately 100 employees in regional offices in the western US and New York and over 45 production teams that generated nearly $5 billion in the past year. The $17.5 billion nationwide servicing platform covers over 2,000 loans in 43 states. It is one of the few non-banking, non-insurance chartered companies with a Primary Servicer rating from Standard & Poor's.
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REAL ESTATE INVESTMENT, MORTGAGE AND LENDING
Crexi and CCIM Institute | February 10, 2023
The industry's leading commercial real estate (CRE) marketplace, data, and technology platform, Crexi, recently announced a partnership with the CCIM Institute. This partnership will help the CCIM Institute to create a design-only benefit known as the CCIM Property Listing Service. For instant access to thousands of CCIM Designee listings around the country, CCIM Designees can now link their Crexi and CCIM accounts.
This partnership will allow CCIM Designees to subscribe to Crexi's PRO offerings at a discounted annual price. This includes higher rankings in property searches and AI-generated property blasts that reach more qualified buyers with complete contact information. Additionally, the members with a PRO subscription to the platform get complete access to intelligence, sales comps, and research. To this day, Crexi's database has 13 million+ sales in the United States and 153 million property records with ownership contact information.
Crexi is honored to partner with the CCIM Institute continued as the global standard for commercial real estate professionals for more than 55 years, including appraisers, lenders, brokers, developers, asset managers, investors, and other allied professionals. In addition, Crexi continued to be a chosen provider for the National Association of REALTORS (R) (NAR), with experience and gained expertise to provide quality and updated data to professionals who require quick and efficient access.
About Crexi
A robust marketplace and technology platform, Commercial Real Estate Exchange, Inc. (Crexi), is changing how commercial real estate professionals do business by making deals happen faster and giving more people access to properties and industry data. In 2015, the company started a journey to change the commercial real estate (CRE) industry, intending to create a central hub where stakeholders could market, analyze, and trade commercial property from a single source. As a result, it empowers two million+ brokers, buyers, and tenants monthly to explore property values of more than $2 trillion nationwide.
About CCIM Institute
A Certified Commercial Investment Member (CCIM) is a commercial and investment real estate expert. Its courses and global community deploy ways of commercial real estate investment and tools that boost the pathway between opportunity, a go/no-go decision and success for an asset, according to the instructions by industry leaders. Through its 55 chapters, the organization continues to revolutionize best practices and raise the commercial real estate professional through its core designation program to earn the CCIM Pin. Additionally, CCIM membership includes the industry's leading technology and operational platform.
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REAL ESTATE TECHNOLOGY, REAL ESTATE INVESTMENT
Colibri Real Estate | February 14, 2023
On February 13, 2023, Colibri Real Estate, one of the leading real estate learning solutions providers nationally, announced the launch of a new interactive learning platform for aspiring real estate professionals. The platform was designed based on the feedback shared by the students for easy and engaging experiences in learning and doing the courses.
The new interactive learning platform includes the highlights such as a comprehensive view of each student’s goal, quick-start functionality to pick up where the students left off the course, recommended content and courses to help students reach their goals, provides a goal tracker to monitor the committed time for the course hours, and overall brings all-in-one organized and a convenient platform which starts from the course and instructor information to links and course specific resources, providing access to all the content of the course purchased by a student with filtering option.
Jennifer Dixson Hoff, President of Colibri Real Estate, said, “We are committed to ensuring strong education outcomes that drive early career success, through highly-innovative, interactive learning experiences.” She further added, “With this learning platform evolution, we are building the future of real estate education and are helping people rise to the challenge and achieve more in their careers.”
(Source: Business Wire)
About Colibri Real Estate
Colibri Real Estate gives new and experienced real estate professionals the tools the students require to start or advance their careers. It is part of the Colibri Group, an education company of top brands that helps licensed professionals learn. Expert-led content and curriculum, custom education solutions, robust classrooms, recruitment and study resources, innovative online learning solutions and modalities for every type of learner are all part of its comprehensive set of tools. In addition, the company, based in St. Louis, Missouri, provides first-in-the-industry, widely available live stream courses wherever and whenever the students like to learn about real estate.
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