The Financial Leader in Multifamily Housing
Centerline Capital Group is one of the nation’s most experienced providers of real estate finance and asset management services for multifamily housing. Centerline offers both debt financing and equity investment products to meet customer needs across the united states.
Today we have $9.3 billion of investor equity under management in more than 116 public and private real estate investment funds. In addition, we manage $11.4 billion of loans in our mortgage servicing portfolio on behalf of the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), the Government National Mortgage Association (Ginnie Mae), and the Federal Housing Administration (FHA).
Strong, enduring relationships
Centerline links capital investors with capital users in multifamily housing. As the industry leader, we enjoy established relationships with a broad array of government-sponsored entities (GSEs), institutional investors, property owners and developers.
Centerline is a recognized leader in the multifamily sector with a solid track record since our founding in 1972. Slowed temporarily by the disruptions of worldwide credit markets, Centerline has emerged in a stronger position. After restructuring in March 2010, we are moving forward with a stable balance sheet and again seek new opportunities for growth. Centerline Capital Group is a subsidiary of Centerline Holding Company (OTC: CLNH), and a strategic partner of Island Capital and C-III.
Powerful Financial Solutions
Centerline meets customer financing needs through four primary businesses:
- Mortgage Banking
We provide mortgage financing for conventional
multifamily properties across the United States. - Affordable Housing Equity
Centerline invests capital raised from institutional investors
as equity in affordable housing tax credit developments. - Affordable Housing Debt
Centerline offers a broad range of financing options and deal
structuring expertise to developers, owners, and managers
of affordable housing communities. - Asset Management
Centerline monitors and manages a growing portfolio of
multifamily real estate assets comprising 147,000 units.
Centerline Facts at a Glance
- Ten offices: New York, Chicago, Atlanta, Birmingham, Boston, Dallas, Seattle, Washington DC, and Irvine and San Rafael, CA
- 244 professionals
- Operate in 47 states
- Since inception, raised $10 billion of investor equity and launched 136 funds
- 117 institutional investors
- Today, manage $9.3 billion of investor equity with 116 funds
2011 Highlights (through 1/24/12)
- Closed $18.8 million proprietary tax credit equity fund
- Closed $119.25 million multi-investor tax credit equity fund
- Closed a $328 million Freddie Mac CME financing transaction
- Invested more than $78 million in new properties for public and private investors
- Recruited an experienced Affordable Housing Debt and FHA origination team covering the entire U.S.
- Opened Alternative Capital Solutions area of the company to source multifamily capital outside the agencies and FHA in order to provide more financing choices to our clients
- Increased the small loan team to originate loans of $5.5 million or less
- Enhanced Centerline’s technology platform for greater efficiency and to reduce cycle time
- Opened new offices: Atlanta, Boston, and Birmingham
- Added 33 people this year