CWCapital (CW), a national lender to the multifamily and healthcare real estate industries, has aligned with Kendall Realty Advisors, multifamily and healthcare finance specialists headquartered in Chicago.
Through the arrangement, CW and Kendall will offer CW's Federal Housing Administration (FHA) lending platform to Kendall's list of multifamily and healthcare clients.
"FHA lending has become increasingly attractive, given recent improvements made to the program and the lack of credit available from traditional bank and other financing sources," says Michael Bergman, president and CEO of CW. "We have seen our FHA originations increase dramatically in the past few months. Charles Kendall is a longtime FHA expert with extensive roots in the greater Chicago area. His experience and local relationships are a good fit for CW and our expansion plans."
SOURCES: CWCapital, Kendall Realty Advisors