Wells Fargo Opens Houston Office

Houston–Wells Fargo & Company is further expanding its multifamily financing services with its latest office in Houston and the hiring of Tony Talamas, a mortgage originator there. Wells Fargo now has 10 multifamily offices, including the newest one, across the U.S.”The opening of a new Texas office in Houston reflects a positive outlook for the Houston market and Texas as a whole. With the CMBS market and other lending sources either unwilling or unable to lend at competitive terms, if at all, my group continues to offer attractive rates, terms and flexible financing solutions,” Talamas tells MHN.Talamas has joined Wells Fargo Multifamily Capital in Houston to focus on the origination of Fannie Mae and Freddie Mac loan programs for clients in Texas and surrounding states.Most recently, Talamas worked as a senior loan consultant for Washington Mutual’s multifamily lending group.Wells Fargo Multifamily Capital specializes in providing permanent financing for multifamily properties, healthcare facilities and affordable housing using the programs of the Federal Housing Administration (FHA), Fannie Mae, Freddie Mac and conduits.“Wells Fargo has a wide array of multifamily financing products, such as the Fannie Mae and Freddie Mac programs that are in such demand,” says Talamas. “With these products and my knowledge of the local market, I look forward to providing ideal solutions to developers, investors and owners.”The Wells Fargo Multifamily Capital office in Houston is located at 1021 Main St.