"Freddie Mac is the top dog when it comes to multifamily lending in the United States" begins the article naming two of our Multifamily senior officers to Commercial Observer magazine's annual list of the 50 Most Important People in Commercial Real Estate Finance.
David Brickman, EVP and head of Freddie Mac Multifamily, and John Cannon, senior vice president of production, sales and marketing, both ranked 25th on the list. Brickman has been on the list every year. This the third time for Cannon.
The list is compiled on the basis of the magazine's review of public records, consultations with industry experts, as well as its evaluation of performance data and assessment of stature and influence within the industry.
This year the Commercial Observer observed that Freddie Mac didn't need "sizable deals (aka over $1 billion)" to achieve a record $56.8 billion in loan purchasing volume in 2016. "We love going after the large deals in Manhattan as well, but we were able to put up the numbers that we put up while not having any mega–deals," David Brickman said.
"But that's not all," the article continues, "The agency issued a record–high $51 billion in securities last year, making it the largest issuer of structured securities in the commercial mortgage–backed securities market."
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