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EXPERIENCE • EXECUTION • EXCELLENCE
Leading Real Estate Finance Company focused on providing the full spectrum of capital solutions through OUR established national lending platform.
The Prince Building568-578 BroadwayNew York, NY
About CCRECCRE is a diversified commercial real estate lending platform focused on originating, distributing and servicing CMBS, Agency, FHA and Bridge loans for commercial properties, including retail, office, industrial, hospitality, multifamily, student and affordable housing, manufactured and cooperative housing, and the range of seniors housing facilities.
CCRE currently has a staff of approximately 300 highly skilled real estate professionals with an extensive track record of originating, structuring and distributing commercial real estate loans through various economic cycles. Since 2010, CCRE has closed over $43 billion in loans.1
Headquartered in New York City, CCRE has a national footprint with regional offices in Atlanta, Bethesda, Boston, Chicago, Columbus, Dallas, Irvine, Newport Beach, New York, Raleigh, San Francisco, Santa Monica, Seattle, and Tampa.
1. Figure includes Berkeley Point production volume through December 2015.
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Company Name Amount ($Mil) No. Avg Size ($Mil)
1 Wells Fargo $18,267 865 $21.1
2 Deutsche Bank Securities Inc. $14,924 260 $57.4
3 Berkadia $14,765 683 $21.64 JP Morgan Chase & Company $13,790 210 $65.75 CBRE Capital Markets, Inc. $12,181 649 $18.8
6 Walker & Dunlop $11,340 715 $15.9
7 CCRE $10,574 586 $18.0
8 Bank of America Merrill Lynch $7,481 273 $27.4
9 Credit Suisse LLC $7,100 130 $54.610 Goldman Sachs $7,025 132 $53.211 Morgan Stanley $6,783 183 $37.112 Citigroup $5,747 197 $29.213 HFF, L.P. $5,666 205 $27.614 Key Bank $4,757 315 $15.115 Capital One Financial Corp. $3,953 247 $16.0
Total $144,353 5,650 $478.7
2015 Origination Volumes: CMBS/Fannie Mae/Freddie Mac
Source: 2015 Mortgage Bankers Association
Business OverviewOrigination:CCRE sources lending opportunities by leveraging a deep network of direct borrower and broker relationships in the real estate industry. Our network includes correspondent originators, local, regional and national property owners, developers and mortgage brokers as well as private equity firms, hedge funds, REITs, asset managers, other institutional property owners, as well as an Agency and FHA platform. We strive to provide our clients with the most competitive terms and reliable execution in the market.
CMBS Distribution:We have distributed over 1130 first lien commercial loans, both fixed and floating rate, with an aggregate principal balance in excess of $19.6 billion.1
The figures above reflect originations for both CMBS and Agency / FHA loans in 20151Distribution figures are as of December 31, 2015
36%
21%
10%
8%
6%
2%3%3%3%3%5%
Originated Loans by State
2
Performance Summary
56%
14%
11%
10%
3%
1%2%2%
Originated Loans by Asset
0%
Competitive Strengths:• Dedicated Internal National Origination Teams
• Fast Executions, averaging 30 days from Term Sheet
to Close
• Focus on relationships and repeat business
• 40% Closed Loans from repeat borrowers
• Unique affiliation with National Brokerage
• 28+ year history of multifamily agency and FHA loan
originations
• $52 billion servicing portfolio1 of over 2,800 loans
• Experienced Special Servicer rated by Fitch
1. The servicing portfolio figure includes Agency, CMBS and limited servicing.
Company Name Amount ($Mil) No. Avg Size ($Mil)
1 Wells Fargo $8,912 319 $27.9
2 Walker & Dunlop $5,013 281 $17.8
3 Berkadia $4,977 257 $19.44 CBRE Capital Markets, Inc. $4,127 168 $24.65 CCRE $2,760 141 $19.6
6 PNC Real Estate $2,605 158 $16.5
7 Key Bank $2,123 111 $19.1
8 Capital One Financial Corp. $2,106 130 $16.2
9 Arbor Commercial Mortgage, LLC $1,857 251 $7.410 M&T Realty Capital Corporation $1,528 112 $13.6
Total $36,008 1,928 $182.1
Company Name Amount ($Mil) No. Avg Size ($Mil)
1 Berkadia $9,788 426 $23.0
2 CBRE Capital Markets, Inc. $8,054 481 $16.7
3 Walker & Dunlop $6,327 434 $14.64 HFF, L.P. $5,666 205 $27.65 Wells Fargo $3,182 166 $19.2
6 CCRE $2,326 128 $18.2
7 Northmarq Capital LLC $2,074 156 $13.3
8 Capital One Financial Corp. $1,847 117 $15.8
9 Key Bank $1,817 93 $19.510 JLL $1,525 123 $12.4
Total $42,606 2,329 $180.3
Company Name Amount ($Mil) No. Avg Size ($Mil)
1 Key Bank $24,462 469 $52.2
2 Wells Fargo $22,183 1,750 $12.7
3 Berkadia $16,612 882 $18.84 Deutsche Bank Securities Inc. $14,924 260 $57.45 Morgan Stanley $13,376 207 $64.6
6 CBRE Capital Markets, Inc. $12,565 675 $18.6
7 Walker & Dunlop $12,116 782 $15.5
8 CCRE $10,899 603 $18.1
9 JP Morgan Chase & Company $7,962 81 $98.310 Bank of America Merrill Lynch $7,481 273 $27.4
Total $142,580 5,982 $383.6The figures above reflect originations for both CMBS and Agency / FHA loans in 20151Distribution figures are as of December 31, 2015
2015 Annual Origination Volumes: Fannie Mae
2015 Annual Origination Volumes: Freddie Mac
2015 Annual Origination Volumes: Ranking by Loans for Sale
3Source: 2015 Mortgage Bankers Association
Your Premier Single Source Platform offering you MORE choices for ALL your commercial real estate needs
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Our National Footprint
BostonNew York
Washington D.C.
Chicago
Raleigh
Atlanta
Tampa
Dallas
Seattle
San Francisco
Newport BeachIrvine
Santa Monica
Regional and Correspondent Offices
5
Columbus
CCRE Provides Access to Agency Financing Through Berkeley Point Capital:
• One of the Nation’s leading providers of multifamily financing through Fannie Mae, Freddie Mac and FHA.
• National footprint with 14 offices and origination teams strategically positioned across the country.
• 28+ year history of multifamily loan originations, underwriting, closing, servicing & asset management.
• Annual loan production averaging $4 billion over the past 10 years.• $52+ billion total1 servicing portfolio consisting of 2,800 loans, representing
400,000 units in 47 states and the District of Columbia.• Experienced Special Servicer Rated by Fitch.
1. The servicing portfolio figure includes Agency, CMBS and limited servicing.6
Advantages of Working with a Multifamily SpecialistExtensive database and expertiseAccess to operating histories of properties:• Approximately 400,000 units• Approximately 2,000 apartment properties• Over $40+ billion loans closed in last 10 years, averaging $4
billion / year
Boots on the ground• 14 regional offices• Portfolio currently spans 47 states and the District of Columbia• Ability to rapidly deploy experienced multifamily staff to inspect
and underwrite potential loans accurately and with a quick turnaround
Longstanding relationships• Deep working relationships with premier multifamily agencies
– Fannie Mae, Freddie Mac, FHA – which account for most of the of multifamily loans in the finance industry
Staffing a Superior Customer Experience
…from underwriting and closing to servicing, asset management, maturity and beyond…
Originations• Origination presence in: Bethesda, Boston,
Columbus, Dallas, Detroit, Irvine, Los Angeles, Nashville, St. Louis
Underwriting• Due diligence and analysis of every aspect of the
loan from screening to closing and delivery• Underwriters take part in “Berkeley University”, a
proprietary training program
Closing & Trading• Coordinates all aspects of loan closing• Berkeley Point trades its own Fannie Mae MBS and
Ginnie Mae bonds to third-party investors
Servicing & Asset Management• Offices on East and West Coasts• Rated primary/special servicer (Fitch CPS2 and
CSS3+)• Conventional and special asset management
capabilities
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The Gateway$325 M - Freddie MacSan Francisco, CA
Sam
plin
g of
Dea
ls1 4
2
3 5
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Retail1. $44.8M, Fullerton, CA2. $290M, Las Vegas, NV3. $44M, Vail, VA
Office4. $180M, Los Angeles, CA5. $59.6M, Tinicum Township, PA6. $45M, Matawan, NJ
Mixed Use7. $11.8M, San Diego, CA8. $42M, Yountville, CA
ManufacturedHousing Community9. $56M, Newport Beach, CA
Sampling of Deals
6 7
8
9
9
Sam
plin
g of
Dea
ls10 11
12 14
15
13
10
Sampling of Deals
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19
18
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Self Storage10. $90M, Various11. $50M, Various12. $51.8M, Various13. $31M, Various
Hospitality14. $175M, George Town, Cayman Islands15. $140M, South San Francisco, CA16. $190M, Miami Beach, FL
Industrial17. $54M, Salem, NH18. $72M, Various19. $111M, Various
Senior ManagementOur senior management has 15+ years experience running CMBS businesses and the majority have worked together previously for 10+ years.
Anthony Orso is Chief Executive Officer and Co-Founder of CCRE, a fully integrated commercial real estate finance company providing loan originations and securitization, loan sales and acquisition services. Since 2010, CCRE has closed over $43 billion worth of loans and become a leading issuer of mortgage-backed securities. CCRE, which was ranked No. 1 Fastest Growing Company by Crain’s New York Business in 2014, operates in over 14 locations nationwide with more than 300 employees.
Previously, Mr. Orso was a Managing Director at Credit Suisse and Co-Head of the Credit Suisse Real Estate Direct Group where he was responsible for over $100 billion in North American real estate loan origination and over $30 billion of high yield real estate debt and equity distribution. Mr. Orso oversaw the expansion of the business in the U.S., Mexico, Latin America, the Caribbean, and the Middle East, with offices in Dubai and Mexico City.
Mr. Orso has also held senior-level real estate positions at APC Realty Advisors, Chemical Bank, Boston Properties, and Merrill Lynch. Mr. Orso serves on the Board of Directors for Big Brothers Big Sisters of New York and also on the Executive Board of Directors of STARS Club, a non-profit organization aiming to assist underprivileged students in their academic pursuits.
Mr. Orso is a graduate of Columbia Business School, where he received an MBA in Finance, and St. John’s University, where he received a Bachelor of Arts degree.
Anthony OrsoChief Executive Officer and Co-Founder, CCRE
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Mr. May was previously a Managing Director at Credit Suisse and senior member of the Real Estate Finance Group where he led more than $20B of originations. He oversaw West Coast and Latin American operations including the origination and distribution of CMBS & other real estate related products. He innovated numerous CMBS products including the securitization structures for condominiums, construction projects, ski mountains and casinos. Mr. May is a graduate of University of Maryland where he received a B.A. in Psychology and a B.S. in Finance.
A. Michael MayChief Operating Officer, CCRE
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Senior Management continued
Mr. Day, the Chief Executive Officer of Berkeley Point Capital and its predecessor firms since 2009, has over 25 years of extensive experience building and leading commercial real estate companies.
Prior to his current role, he was Co-Head and Managing Director of the firm’s predecessor companies from 2006–2009, and Managing Partner, Western U.S. from 2002–2006. He joined the predecessor companies in 2001 as Head of Production, Western U.S. and was a member of the office of CEO, Executive Committee and a voting member of the Credit Committee. He has been directly involved in various investment banking and trading activities, including capital raises, M&A, capital commitment facilities, TRUPS, loan syndication, CMBS, distressed debt, and whole loan and pool sales. He helped build and lead the Western U.S. expansion of National Realty Funding, a commercial mortgage conduit whose equity partners were Prudential Securities and Progressive Insurance. Mr. Day also founded and was a Managing Partner of Plaza Realty Advisors, a regional mortgage banking firm representing various life companies.
He began his career at Sonnenblick Goldman, a New York Based real estate investment banking firm. He received his B.A. in Business, with a concentration in Finance, from the University of Colorado.
Jeff DayChief Investment Officer, CCREChief Executive Officer, Berkeley Point Capital
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Michael C. May has over 30 years of experience in the capital market, residential mortgage, and multifamily mortgage sectors. He joined CCRE in August 2012 as Managing Director and National Head of Multifamily lending business, where he is focused on expanding multifamily debt execution.
Previously, Mr. May had an impressive tenure at Freddie Mac, last serving as Head of Multifamily. This line produced over $100B in originations and created the ‘K’ series bonds, which were the first commercial backed securities credit sale following the financial crisis. He also served in a number of capacities during his time with Freddie Mac. As Head of Single Family, he led a 2,000 person Single Family Business line which generated $700B in originations; and as the Head of Structured Finance, he oversaw a 100 person REMIC and securities issuance business, which issued over $120B in structured securities, including Freddie Mac’s first Multifamily REMIC. Mr. May also headed up Securities Trading, which was composed of a 100 person broker/dealer and produced over $110B in proprietary securities trades.
Mr. May currently serves as Vice Chairman of the Urban Land Institute Multifamily Gold Council and sits on the board of several organizations which include the National MultiHousing Council and the National Equity Fund of which he is a member of the executive committee. Additionally, he is a member of the NAHB Multifamily Leadership Board, and a former member of Commercial Real Estate/Multifamily Finance Board of Governors. He was also a past participant on the Bipartisan Policy Center Housing Commission roundtable for Multifamily Housing systems. Mr. May is a CPA and CIA and received his B.S. in business with a concentration in Accounting from Old Dominion University.
Michael C. MayManaging Director, National Head of Multifamily, and Member of Management Committee, CCRE / Berkeley Point Capital
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FHA • $13MSeniors HousingGermantown, TN
FHA • $4MAffordable HousingFort Worth, TX
Freddie Mac • $38.5MApartmentsLeesburg, VA
Fannie Mae • $30.7MApartmentsWest Jordan, UT
Fannie Mae • $30MManufactured HousingMalibu, CA
b e r k p o i n t . c o mccre.com
AtlantaSam [email protected]
James [email protected]
BostonTom [email protected]
Washington, D.C.Matthew [email protected]
ChicagoJohn [email protected]
Michael [email protected]
DallasWill [email protected]
SeattleJosh [email protected]
Santa MonicaJeff [email protected]
Eric [email protected]
Jesse [email protected]
Corey [email protected]
San FranciscoChristof [email protected]
New YorkStephen [email protected]
Walker [email protected]
Michael [email protected]
Anthony [email protected]
Michael [email protected]
Jeff [email protected]
Senior Management
Origination
Michael [email protected]
Martin [email protected]
Brett [email protected]
Jared [email protected]
Samuel [email protected]
Kiran [email protected]
Faisal [email protected]
Capital Markets
Michael [email protected]
Thomas [email protected]
Credit
®
Mike C. [email protected]
Jonathan [email protected]
Bill [email protected]
Gary [email protected]
Legal
Michael [email protected]
Sean [email protected]
Newport BeachDavid [email protected]
