ColumbiaNational Surpasses $7 Billion Milestone in Loan Servicing Portfolio
Columbia, Md., May 14, 2024 – ColumbiaNational, a prominent player in the commercial real estate financing sector, proudly announces a significant milestone in its loan servicing portfolio. As of April 30, 2024, the company has exceeded the $7 billion threshold, reaching a total portfolio value of $7,263,872,564.
This achievement underscores ColumbiaNational’s commitment to excellence and its ability to provide tailored financing solutions to its diverse clientele. Currently servicing loans for 28 distinct investors, including Ginnie Mae and 22 life insurance and annuity companies, ColumbiaNational has established itself as a trusted partner in the real estate finance industry.
According to Scott H. Park, current managing director-managing principal, “The $7 billion milestone marks a 44% growth in our loan servicing portfolio over the past five years. It’s a true testament to the strength of our borrowers, our capital sources, the loan production teams in DC and Baltimore, and our loan administration team in Columbia.”
In addition to the impressive portfolio growth, ColumbiaNational has demonstrated resilience amidst current market conditions. With a 15% growth indicator in their loan portfolio over the past 12 months, the company continues to execute new loan transactions and expand its footprint in the commercial real estate finance sector.
As the Columbia, Maryland office continues to handle loan servicing and the DC and Baltimore offices focus on closing new loans to fuel portfolio growth, ColumbiaNational remains committed to providing competitive loan alternatives and delivering exceptional service to its clients.
To learn more about ColumbiaNational, visit www.cnref.com
About Columbia National:
Founded in 1939, ColumbiaNational is a leading name in the commercial real estate industry, with three strategically located offices in Baltimore, Columbia, and Washington. Their goal is to analyze, underwrite, structure, and close transactions with the most competitive terms available in the market, delivering on their borrower’s financing objectives with highly personalized service. Their team of exceptional professionals boasts decades of experience in commercial real estate finance and capital markets.