First California Mortgage Company will source Fannie Mae-eligible mortgage loans for Pillar Multifamily, LLC, an affiliate of Guggenheim Partners throughout its network, outside of southern California.
“As a leading player in the California commercial real estate market, First Cal will be an important partner for us in a key region as we continue to grow our Fannie Mae DUS business and build out the broader Guggenheim commercial real estate platform,” said Robert Brennan, senior managing director and head of Guggenheim commercial real estate finance.
Pillar Multifamily, LLC, a Fannie Mae delegated uderwriting and servicing (DUS®) lender, offers a full array of financing solutions to owners of multifamily properties. Pillar’s capabilities include small loan solutions, market-rate multifamily mortgages, and credit facilities.
