Bellwether Enterprise Real Estate Capital LLC (Bellwether
Enterprise), the commercial and multifamily mortgage banking subsidiary of
Enterprise Community Investment Inc. has acquired Maher Commercial Mortgage.
The team, led by Thompson Maher, is based in Philadelphia and will continue to focus on the Pennsylvania, New Jersey, and Delaware markets.
“This acquisition is
an exciting step in our strategic expansion in the Northeast, enabling us to
serve more communities,” said Ned Huffman, president of Bellwether Enterprise.
“Thompson and his team are going to be major assets to Bellwether Enterprise,
and we are excited to welcome them aboard.”
The acquisition will add more than $900 million annual loan
volume and $3 billion in servicing to Bellwether Enterprise, which is projected
to bring the firm’s total annual loan volume to more than $8.8 billion and its
servicing portfolio to more than $30 billion.
“We are excited to join Bellwether Enterprise and be a part
of their growth and future success,” said Maher. “The Bellwether Enterprise
platform and culture are a perfect fit for our team, which has been focused on
correspondent-based mortgage banking for more than 39 years.”
Joining Bellwether Enterprise are six support staff and five
loan producers, including Maher, Steve Perricone, Kevin Hicks, Tom Mazlo, and
Andrew Tomaino.
Bellwether Enterprise provides financing solutions for
clients covering the entire spectrum of commercial and multifamily real estate.
