(PRLEAP.COM) Stamford, Conn. – CBA Commercial, LLC (
www.cbaloans.com) has named three new sales associates, reflecting the company’s continued expansion and the growing opportunities in the small balance commercial mortgage market.
“ They bring energy, broad experience and strong market knowledge to our sales organization. ”
All three are new positions.
The sales associates will develop strategic alliances with mortgage bankers, mortgage brokers and other financial institutions in their territories.
“These new sales associates will help accelerate our growth in key markets,” said Scott Rielly, CBA Commercial executive vice president. “They bring energy, broad experience and strong market knowledge to our sales organization.”
Owen Breheny, 34, has been appointed sales associate for Delaware, Kentucky, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia. He will be based in New York.
Before joining CBA Commercial, Breheny was a wholesale residential account executive with New Century Mortgage Corp. in Melville, N.Y.
Prior to that he held positions in structured finance and commercial real estate sales with Arbor Commercial Mortgage, First Commercial Capital and USA Mortgage Bankers of America.
Stuart Brody, 56, has been named sales associate for West Coast states. He will be based in Southern California.
Brody was most recently an account executive with CIT Group in Walnut Creek, Calif. Before that he was an equity account executive with First Horizon Wholesale.
Brody’s experience also includes stints at InterBay Funding, First Franklin, RMR Financial and IndyMac Bank.
Brian Cottrell, 44, has been appointed sales associate for Connecticut and Rhode Island. He will be based in Rhode Island.
Before joining CBA Commercial, Cottrell was a wholesale residential account executive with Countrywide Specialty Lending Group in Rhode Island. Prior to that he was a wholesale commercial account executive with New Century Commercial Mortgage.
Cottrell has also held various positions with Saxon Mortgage, InterBay Funding Corp., Hunneman Mortgage Corp. and Ameriquest Mortgage Co.
CBA Commercial, LLC is a specialized mortgage investment firm that purchases and securitizes small balance multifamily, commercial and mixed-use mortgage loans. Its nationwide CBAC Authorized Lender program provides standard loan documentation, standard underwriting guidelines, online processing, appraisals and environmental insurance for loans ranging from $100,000 to $3 million.
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