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Follow on Google News | Mortgage Industry Entrepreneur Launches Commercial Real Estate Direct Lending FirmBy: Commercial Direct Lending The new company will be led by Stan Furst and Bob Beller, who come from JB Commercial, LLC, where Furst was a Principal and Co-Founder and where Beller was Senior Managing Director. Both Furst and Beller will serve as Principals at CDL with Mr. Steinberg as Founder and Chairman and Jodi Hall as Chief Operating Officer. "I am very pleased to have Stan and Bob leading CDL, given their experience in the commercial lending and financial markets, and the relationship- CDL is designed to meet customer demand for access to decision makers, responsiveness, faster closings, and the ability to choose among multiple commercial loan products. The idea for CDL emerged from Steinberg's experience at Nationwide Mortgage Bankers (NMB), the fastest growing residential mortgage company in the nation as ranked by Inc. Magazine (https://urldefense.com/ "We know that listening carefully to our clients is the secret sauce to our success. CDL's nationwide lending platform provides the perfect opportunity to leverage our skill sets and vision of things to come," said Furst. CDL is a relationship- "We service entrepreneurs and real estate investors in communities throughout the country. We are committed to providing loan products, and the type of comprehensive, hands-on service that enables all of them to succeed. At the end of the day, their success is our reward," said Beller. Furst is a 35-year veteran of the private residential and commercial mortgage banking industry, having served as Chairman, President and CEO of New Jersey Mortgage and Investment Corporation (NJMIC), then the oldest and largest independent mortgage bank in the country. Beller brings over 30 years of legal and compliance and financial services participation to CDL. He has served as principal of start-up mortgage banking company Altivus Financial Services, and as Senior Managing Director of JB Commercial Funding. The firm will be headquartered in Independence, Ohio with operations in Livingston, New Jersey. End
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