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David Brickman Joins Meridian Capital Group Lending Platform


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Former Freddie Mac CEO David Brickman and Meridian Capital Group CEO Ralph Herzka (Freddie Mac; Herza by Studio Scrivo)
Freddie Mac’s recently departed CEO is now heading up a new agency-lending platform backed by Meridian Capital Group and the investment firm Barings.
David Brickman, who stepped down from the quasi-government agency this month, will take the lead at the yet-unnamed platform, Bloomberg News reported.
“We have a significant opportunity to create one of the leading lenders in the multifamily commercial real estate space,” Brickman told the publication. “The combination of low interest rates and what is hopefully going to be a degree of recovery and stabilization in 2021 with the vaccine and additional stimulus should result in a strong year with more than $300 billion in total origination.” ....

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