Centerline Capital Group Expands Midwest Banking Team
- Jul 13, 2011
New York–Centerline Capital Group, a provider of real estate financial and asset management services for affordable and conventional multifamily housing, has hired Adam Klingher and Joseph Markech to expand the company’s business in the Midwest. Klingher joins as senior vice president, and Markech as vice president. As a team they will focus on the full range of mortgage products, including conventional multifamily agency, CIII sponsored bridge and CMBS loan products.
Klingher has more than 20 years experience in multifamily lending, with work ranging from large high-rises and suburban garden complexes to smaller urban properties and downtown high-rises. He has has been responsible for originating more than $10 billion in multifamily loans. Before joining Centerline, he was director of the Midwest Multifamily Lending Group for Johnson Capital. Prior to that he was central area director of multifamily lending for Washington Mutual Bank, where he led a team of lenders in originating apartment loans throughout the Midwest, Florida, Texas and Colorado.
Markech has more than 20 years experience in all aspects of commercial real estate lending and due diligence, spanning origination and loan closings with multiple private institutions and government agencies including life insurance companies, CMBS conduits, Freddie Mac, Fannie Mae, HUD and numerous commercial banks. He has originated loans throughout the United States in all commercial asset types. Most recently, he was a vice president at Johnson Capital.
The Mortgage Banking Group is one of Centerline’s three operating business units. It finances conventional multifamily housing, primarily though Fannie Mae, Freddie Mac and the FHA. Centerline also has an Affordable Housing Group and an Asset Management Group.