Bellwether Enterprise Completes Acquisition of Capital Advisors
June 30, 2015 – Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., today announced it has successfully acquired Capital Advisors Inc., a privately held, full-service mortgage banking firm headquartered in Charlotte, NC, with offices in Atlanta, Birmingham, Columbia, Greensboro, Greenville, Memphis, and Raleigh.
The acquisition adds more than $1 billion in annual loan volume and $1.75 billion in servicing to Bellwether Enterprise, bringing the firm’s total annual loan volume to more than $4.5 billion and $10.2 billion in servicing.
As part of the transaction, the principals of Capital Advisors received an equity stake in the newly expanded Bellwether Enterprise, and Capital Advisors’ 31 current employees have been retained. Capital Advisors has formally taken on the Bellwether Enterprise name, and its business practices and quality of service in all of the regional locations will remain the same.
Bellwether Enterprise is a national, full-service commercial and multifamily mortgage banking company. As a subsidiary of Enterprise Community Investment, Bellwether Enterprise has production offices across the country and an integrated servicing platform based in Cleveland. With local market expertise, national lending relationships and financing structure experience, Bellwether Enterprise provides clients with competitive, creative solutions for their financing needs.
Click here for more information.
You must be logged in to post a comment.
+ There are no commentsAdd yours