The George Elkins Mortgage Banking Company (GEMB), one of the nation’s premiere commercial mortgage banking companies has opened a new office in San Rafael. GEMB is based in Los Angeles with offices in Orange County, San Diego, and Sacramento.
“We wanted to expand the platform in Northern California for the benefit of our correspondent life insurance companies who wanted to diversify their mortgage portfolios”, said GEMB managing director Steven Hinds.
“We’ve started strong completing the acquisition financing of a Livermore R&D building and a refinancing of a retail center in Corte Madera for two of our life companies. Our niche is in the $2MM – $50MM range in financings”, said Hinds
“Our motto has been to understand the financing objectives and priorities of our clients in order to structure, execute and create the optimal financing solution, that is what GEMB has done throughout its 90 year history”, said GEMB director Peter Ryan
As the direct loan origination arm for an array of life insurance companies, banks, trusts, pension funds, thrifts, and private sources GEMB prides itself in being a one-stop debt and equity source with a diversity of choices. GEMB not only arranges debt and equity real estate transactions but also services the loan through its duration.
GEMB’s strong relationships with national lenders allows them the ability to constantly negotiate competitive financings for clients on commercial real estate properties throughout California and the country.
Additional information is available at www.gemb.com