Coldwell Banker Commercial(R) Forms Strategic Alliance With Commercial Lender Johnson Capital
Johnson Capital's Lending Capabilities Further Strengthen CBC Affiliate Offerings to Clients
PARSIPPANY, N.J. — Coldwell Banker Commercial, (CBC®) one of the largest commercial real estate brokerage franchise systems, today announced a strategic alliance with commercial lender Johnson Capital, allowing the company's affiliates to gain access to customized financing options through a prominent lending organization for the first time.
Johnson Capital will provide CBC Franchise affiliates nationwide with financing options on all property types including office, multi-family, retail, industrial, hotel, mixed-use, credit-tenant and land deals both nationally and internationally. Johnson Capital is a debt and equity source renowned for its strong, long-standing relationships with commercial mortgage lenders and investors.
"Our alliance with Johnson Capital is another vital component to the CBC affiliate arsenal of resources. Having a lender that our commercial real estate professionals can tap into, even for the most complex transactions, gives us a competitive advantage in our market," said Rick Davidson, president and COO of Coldwell Banker Commercial Affiliates. "Johnson Capital has a proven track record for success, and we are confident our affiliates will be impressed with the quality, flexibility and efficiency of their approach to commercial real estate lending."
Ken Gaitan, executive vice president for Johnson Capital, notes, "Johnson Capital is excited about our strategic alliance with Coldwell Banker Commercial and we see this as an opportunity to grow our business nationally with a company focused on expanding its platform of services. CBC professionals can now benefit from our expertise in navigating through the capital markets for their clients."
Johnson Capital, founded in 1987, is one of the largest independently-owned real estate finance companies in the country and has the lending capabilities to handle both small "one-off" projects and complex national portfolio transactions. In 2007 alone, Johnson Capital originated more than 280 loans representing $3.6 billion in volume.
About Johnson Capital:
As a leader in commercial real estate investment banking, Johnson Capital's services include debt placement and acquisition financing for permanent, construction and repositioning in addition to joint venture equity placement for individual assets, portfolios, entities and discretionary funds. Johnson Capital transactions have ranged in total funding from $1 million to more than $300 million and included financing for all property types. Simple or complex, every project Johnson Capital takes on is executed with efficiency and has added value. Founded in 1987, Johnson Capital is now one of the country's top real estate capital advisory firms with more than 20 locations.
About Coldwell Banker Commercial Affiliates, Inc.
Coldwell Banker Commercial Affiliates is one of the leading franchisors of commercial real estate services through the Coldwell Banker Commercial® brand. Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate LLC. Through its independently owned and operated offices, the Coldwell Banker Commercial network is a premier provider of real estate services and is a leader in the commercial real estate industry. The Coldwell Banker Commercial network of brokers serves the needs of owners and occupiers in the leasing, acquisition, disposition, structured finance and management of all property types. The Coldwell Banker® network of commercial brokers can be found in 41 countries in North America, South America, Europe, Africa, Asia and Australia. Coldwell Banker Real Estate LLC is a subsidiary of Realogy Corporation, the world's largest real estate franchisor. For additional information on the Coldwell Banker Commercial organization, visit the brand's Web site at www.cbcworldwide.com, or contact us at (800) 222-2162.