New York, NY– December 15, 2021 – Berkadia announced today the addition of Managing Director Matthew Nelson to its mortgage banking platform. Nelson will be based in Berkadia’s New York office and will focus on growing Berkadia Small Loans across the Northeast.
“We’re thrilled to welcome Matthew to our team,” said Christine Pratt, Head of Small Loan Originations. “Berkadia Small Loans has exceeded expectations and continues to grow. This year, we will more than double our Freddie Mac SBL production over 2020, and with Matthew’s industry expertise, specifically in small loans, we’re confident we will continue this momentum in 2022.”
Since its inception in 2019, Berkadia Small Loans has financed more than $900 million in small loans across more than 300 transactions with Freddie Mac and Fannie Mae’s small loan programs.
“I’m excited to join Berkadia, which has one of the fastest growing small loans platforms in the business,” said Nelson. “With owners and operators continuing to see the value in leveraging Freddie Mac and Fannie Mae’s targeted small loan products, 2021 was an incredibly active year and I’m excited to continue that activity in 2022 and beyond, supported by Berkadia’s incredible talent, resources and technology.”
Nelson joins Berkadia from Sabal Capital Partners, LLC where he served as a National Production Manager of CRE Term Lending. His primary focus was providing clients with debt products including, but not limited to, Fannie Mae and Freddie Mac Small Loans and Freddie Mac Conventional.
Prior to Sabal Capital Partners, LLC, Nelson was at The Community Preservation Corporation where he served as Vice President and Manager of Agency Loan production.
He holds a Bachelor of Arts in Social Science from the University of Maryland University College.