EverBank Launches Commercial Real Estate Finance Business
Industry veteran Christopher Kelly to lead new team providing custom CRE finance solutions to clients nationwide
Industry veteran Christopher Kelly to lead new team providing custom CRE finance solutions to clients nationwide
Jacksonville, FL – EverBank, N.A. (EverBank), a national specialty bank serving clients across the United States, today announced the launch of a new commercial real estate finance business serving commercial real estate investors and developers from coast to coast.
Commercial real estate finance veteran Christopher Kelly will lead the New York City-based team, which will have regional offices in the Southeast, Midwest and California. Kelly brings to EverBank nearly 40 years of experience in commercial real estate credit, equity and institutional asset management, with direct responsibility for more than $13.5 billion in CRE originations.
Kelly most recently served as managing director for The Ardent Companies, a privately held asset management firm. Prior to joining Ardent, Kelly was managing director – head of CRE at Amherst Capital Management, a joint venture of BNY Mellon and Amherst Holdings, and previously held senior roles at CapitalSource, Natixis (CDC Mortgage Capital), Lehman Brothers and the real estate division of Heller Financial.
“EverBank is sharply focused on providing highly customized financing solutions to business clients across the country, served by a team of experienced lenders who understand our clients’ need for responsiveness, speed and flexibility,” said EverBank Chief Executive Officer Greg Seibly. “Our new Commercial Real Estate Finance team will help us grow our commercial banking franchise nationwide and complement our existing Multifamily Lending, Asset-Backed Finance and Structured Mortgage Finance businesses. EverBank has built a reputation for outstanding service and personalized solutions in a range of commercial finance sectors, and our new Commercial Real Estate Finance team will continue that track record.”
The EverBank Commercial Real Estate Finance Business will provide interim loans for transactions ranging from $10 million to $75 million, supporting 60% to 75% of transaction costs. This senior finance business will target virtually all types of CRE in primary and secondary U.S. markets.
“We see an enormous opportunity to provide deposit-based financing for commercial real estate clients who have complex investment plans that require an experienced team to provide efficient financing solutions,” Kelly said. “By bringing deep transactional experience, significant market and property sector knowledge and insights, EverBank’s CRE platform will offer a compelling and scalable alternative to recourse bank or private lender alternatives. Building on EverBank’s decades-long commercial finance experience and capabilities, our new Commercial Real Estate Finance team will bring to the market unique perspectives and an ability to structure and close financing transactions quickly and seamlessly to help clients reach their unique goals.”
To learn more about EverBank, please visit one of our financial centers in California, Florida and New York, visit us online at everbank.com or call us at 1.888.882.3837
About EverBank
EverBank, N.A. (EverBank) is a nationwide specialty bank providing high-value products and services to consumer and commercial clients coast-to-coast. As a pioneer in online banking, we offer convenient digital access for clients 24/7, in addition to phone banking services and a network of financial centers across California, Florida and New York. EverBank’s commitment is to deliver to our clients high-performing, high-yield solutions backed by exceptional service, always giving them the advantage they expect, to make the most of their money. Visit everbank.com or connect and interact with us on Facebook, Instagram, LinkedIn or X. EverBank is a Member FDIC.
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