Acquisitions shook up the lending industry in 2000, as New York giants Chase Manhattan Corp. and J.P. Morgan & Co. joined forces to form J.P. Morgan Chase & Co., and New York-based Credit Suisse First Boston gobbled up Donaldson, Lufkin & Jenrette Inc.

The consolidation trend in the lending arena shows no sign of abating in 2001. The most high-profile merger story is the bitter battle between Charlotte, N.C.-based First Union Corp. and Atlanta-based SunTrust Banks Inc. over Wachovia Corp. In April, Wachovia's board of directors approved a $13.77 billion offer from First Union, but SunTrust countered with a $14.23 billion hostile bid. First Union responded with a lawsuit against SunTrust that claimed its rival wrongly interfered with the merger. Shareholders of the Winston-Salem, N.C.-based bank are expected to vote on the two offers this August.

Consolidation wasn't the only big news in 2000. Huge transactions also grabbed the spotlight, including the $1.3 billion in financing Horsham, Pa.-based GMAC Commercial Mortgage Corp. provided for Columbus Centre, a 2.1 million sq. ft. mixed-use tower in Manhattan that will be the headquarters for AOL-Time Warner. The transaction moved GMAC from No. 2 in 1999 to No. 1 in NREI's 10th Annual Top Lender Survey. Lehman Brothers, New York, dropped from No. 1 to No. 3.

GMAC may be the frontrunner to hold on the top spot in 2001 thanks to the loan of approximately $700 million it provided New York-based Silverstein Properties as part of the $3.2 billion lease of the 110-floor World Trade Center towers in Manhattan. That loan was expected to close July 16. Silverstein teamed up with Westfield America to sign the 99-year lease, which has been called the richest real estate prize in New York's history.

The slumping economy

The uncertain state of the economy has been the biggest financial story so far this year. However, William Green, director of corporate real estate and asset finance for First Union, believes the capital markets are healthy. “I would say that the markets are reasonably healthy, and that has allowed for any number of borrowers to get attractive financing and long-term financing prior to what is probably a recession,” he said.

During this economic tailspin, Green said debt is likely to play an increasingly important role in the capital markets. “If we're in a recession, debt is typically a safe haven. I think you can see a measure of greater demand for debt instruments versus equity,” he said.

The Federal Reserve has lowered interest rates several times this year in an attempt to spur the economy. Although the lower rates have yet to produce the desired result, Green said there is no doubt that they help borrowers. “What lower interest rates are allowing people to do is possibly postpone certain permanent mortgage activity,” he said. “But more importantly, what it's letting them do is get a measure of savings and excess cash flow that might tide them over for some temporary disruptions.”

Consolidation continues

The $29.5 billion merger between Chase Manhattan and J.P. Morgan was the biggest merger in 2000. In another sizeable deal, Credit Suisse First Boston acquired Donaldson, Lufkin & Jenrette for $13.6 billion. Those mergers were part of an M&A trend that resulted in a 30% decrease in the number of banks operating in the U.S. since 1990. Between 1990 and 1998, the number of bank mergers and acquisitions averaged 510 per year, up from 345 per year from 1980 to 1989.

Top 50 Direct Lenders

The following rankings are based on responses to NREI's Top Lender questionnaire, and reflect total dollars financed or arranged in commercial real estate during the 2000 calendar year.

The listings are presented in two parts. The first listing includes firms financing direct loans, credit lines, CMBS lending and other forms of more direct investment to the industry.

The second listing ranks financial intermediaries, including mortgage brokers and financial firms that arranged or facilitated transactions during 2000. Definitions of direct lender vs. financial intermediary were provided to each respondent. Please note that some lending institutions chose not to participate in this year's survey for a variety of reasons.

  1. GMAC Commercial Mortgage Corp.
    200 Witmer Rd.
    Horsham, PA 19044
    Phone: (215) 328-4622
    Fax: (215) 328-1976
    Officers:
    David E. Creamer, CEO; Charles E. Dunleavy Jr., President/COO; Harold W. Parcell, Exec. VP;
    Scott Rombach, Sr. VP
    Financed in 2000: $14.8 billion

  2. Bank of America
    600 Peachtree St., 55th Floor
    Atlanta, GA 30308-3318
    Phone: (404) 607-6050
    Fax: (404) 607-6101
    Officers:
    Michael R. Buchanan, Managing Director
    Financed in 2000: $12 billion

  3. Lehman Brothers
    200 Vesey St.
    New York, NY 10285
    Phone: (212) 526-5191
    Fax: (212) 526-7005
    Officers:
    Mark Walsh, Managing Director; Kenneth Cohen, Managing Director; Larry Kravetz, Sr. VP; Brett Ersoft, Sr. VP
    Financed in 2000: $10.2 billion

  4. GE Capital Real Estate
    292 Long Ridge Rd.
    Stamford, CT 06927
    Phone: (888) GEFIRST
    Fax: (202) 357-4475
    Web site: www.gecapitalrealestate.com
    Officers:
    Michael Prolle, President/CEO; David Henry, Chief Investment Officer; Joan Lavis, SR. VP - Mktg.
    Financed in 2000: $9.5 billion

  5. First Union Real Estate Capital Markets
    201 S. College St.
    Charlotte, NC 28288-0166
    Phone: (888) 217-9084
    Web site: www.firstunion.com
    Officers:
    Ben Williams, Managing Director - Real Estate Capital Markets; Bill Green, Managing Director - Real Estate Securitizations; Hillary Cooper, VP - Capital Markets Mktg.
    Financed in 2000: $6.5 billion

  6. Key Commercial Real Estate
    127 Public Square
    Cleveland, OH 44114
    Phone: (888) KEY-2221
    Fax: (216) 689-3814
    Web site: www.key.com/cre
    Officers:
    George Emmons, National Manager; John E. Case, President - Key Commercial Mortgage; Miles Milton, Director - Institutional Mktg.; Dave Reavis, Asst. VP - Line of Bus. Communicatons
    Financed in 2000: $6.5 billion

  7. Credit Suisse First Boston (CSFB)
    11 Madison Ave.
    New York, NY 10010
    Phone: (212) 325-2000
    Web site: www.csfb.com
    Officers:
    Rob Brennan, Managing Director - CSFB; Karen Quinn, President - Column Financial
    Financed in 2000: $6 billion*
    *Lending total includes figures from Column Financial Inc. and DLJ

  8. Freddie Mac
    8100 Jones Branch Drive,
    Mail Stop B47
    McLean, VA 22102
    Phone: (703) 714-2720
    Fax: (703) 714-3386
    E-mail: mitchell_kiffe@freddiemac.com
    Web site: www.freddiemac.com
    Officers:
    Adrian Corbiere, Sr. VP - Multifamily; H. L. Van Varick, VP - Negotiated Transactions; Mitchell Kiffe, VP - Loan Production
    Financed in 2000: $5.9 billion
    Financed by Region:
    Northeast: $1,180,000,000
    Southeast: $1,740,000,000
    Midwest: $1,390,000,000
    West: $1,620,000,000

  9. HypoVereinsbank
    150 E. 42nd Street
    New York, NY 10017
    Phone: (212) 672-5711
    Officers:
    Peter Hannigan, Manager Director
    Financed in 2000: $5.8 billion

  10. Column Financial Inc.
    3414 Peachtree St., Suite 1140
    Atlanta, GA 30326
    Phone: (404) 239-5339
    Fax: (404) 239-0419
    E-mail: kquinn@colfin.com
    Web site: www.colunmfinancial.com
    Officers:
    Kieran P. Quinn, President/CEO; Darrell Moore, Sr. VP
    Financed in 2000: $4.1 billion
    Financed by Region:
    Northeast: $2,450,000,000
    Southeast: $550,000,000
    Midwest: $400,000,000
    Southwest: $275,000,000
    West: $425,000,000

  11. Morgan Stanley
    1585 Broadway
    New York, NY 10036
    Phone: (212) 761-6282
    Fax: (212) 761-3289
    Officers:
    John Westerfield, Managing Director; Anthony Tufariello, Managing Director; James Flaum, Managing Director; Fred Harmeyer, Principal
    Financed in 2000: $4 billion
    Financed by Region:
    Northeast: $1,700,000,000
    Southeast: $600,000,000
    Midwest: $400,000,000
    Southwest: $300,000,000
    West: $1,000,000,000

  12. Prudential Mortgage Capital Co.
    100 Mulberry St.
    Newark, NJ 07102
    Phone: (973) 802-7500
    Fax: (973) 367-8210
    E-mail: pru_mortgage_capital@prudential.com
    Web site: www.prudential.com
    Officers:
    David Twardock, President; David Durning, Managing Director; Amy Rubin, Director - Marketing
    Financed in 2000: $3.6 billion

  13. CIBC World Markets
    One World Financial Center
    New York, NY 10281
    Phone: (212) 667-6851
    Fax: (212) 571-4714
    E-mail: michael.higgins@us.cibc.com
    Officers:
    Michael Higgins, Managing Director; Barrie Wood, Managing Director; Andrew Fawer, Exec. Director
    Financed in 2000: $3.5 billion

  14. Goldman, Sachs & Co.
    85 Broad St.
    New York, NY 10004
    Phone: (212) 902-1000
    Fax: (212) 902-3000
    Financed in 2000: $3.5 billion

  15. TIAA-CREF
    730 Third Ave.
    New York, NY 10017
    Phone: (212) 916-4144
    Fax: (212) 916-6005
    Officers:
    John H. Biggs, Chairman/President/CEO; Martin L. Leibowitz, Vice Chairman/Chief Investment Officer; Joseph W. Luik, Sr. Managing Director - Mortgage & Real Estate; Claire Sheahan, Press Relations Officer
    Financed in 2000: $3.3 billion
    Financed by Region:
    Northeast: $840,000,000
    Southeast: $600,000,000
    Midwest: $230,000,000
    Southwest: $140,000,000
    West: $1,440,000,000
    International: $20,000,000

  16. JP Morgan Chase & Co.
    400 Perimeter Center Terrace,
    Suite 575
    Atlanta, GA 30346
    Phone: (770) 351-8300
    Fax: (770) 351-8399
    Officers:
    Michael Jungman, Chairman; Lamar Kelly, President/CEO; Barbara Pereira, VP
    Financed in 2000: $3.2 billion*
    *Lending total includes combined conduit figures of JP Morgan
    Mortgage Capital and Chase Commercial Mortgage

  17. National City Corp.
    1900 E. Ninth St.
    Cleveland, OH 44114
    Phone: (216) 575-2332
    Fax: (216) 575-9650
    Officers:
    Kenneth M. Goetz, Exec. VP
    Financed in 2000: $3 billion

  18. Berkshire Mortgage Finance
    One Beacon St., 14th Floor
    Boston, MA 02108
    Phone: (877) 523-7722
    Fax: (617) 556-1507
    E-mail: mnachreiner@bmfloan.com
    Web site: www.berkshiremortgage.com
    Officers:
    Peter F. Donovan, CEO; Ronald F. Halpern, COO; Michelle Nachreiner, National Mktg. Manager
    Financed in 2000: $2.6 billion
    Financed by Region:
    Northeast: $429,928,900
    Southeast: $414,683,439
    Midwest: $521,414,600
    West: $1,234,995,576

  19. David L. Babson & Co./Mass Mutual
    1295 State St.
    Springfield, MA 01111-0001
    Phone: (800) 767-1000
    Fax: (413) 744-6123
    Web site: www.dlbabson.com
    Officers:
    David Brassard, Managing Director; Dave Lauretti, Managing Director
    Financed in 2000: $2.3 billion

  20. Greenwich Capital
    600 Steamboat Rd.
    Greenwich, CT 06830
    Phone: (203) 625-2700
    Web site: www.gcm.com
    Officers:
    Ben Carpenter, Co-CEO; Jay Levine, Co-CEO; Paul Nidenberg, Managing Director; Marjorie Klein, VP/Director of Corp.
    Communications
    Financed in 2000: $2 billion
    Financed by Region:
    Northeast: $203,000,000
    Southeast: $137,000,000
    Midwest: $227,000,000
    Southwest: $53,000,000
    West: $587,000,000
    Unallocated: $850,000,000

  21. ARCS Commercial Mortgage Co. LP
    26901 Agoura Rd., Suite 200
    Calabasas Hills, CA 91301
    Phone: (800) ASK-ARCS
    E-mail: info@arcscommercial.com
    Web site: arcscommercial.com
    Fax: (818) 880-3330
    Officers:
    Howard J. Levine, President/CEO; Timothy L. White, Exec. Sr. VP/COO; Hollis J. Leon, Sr. VP; Arthur Nissman, Corp. Communications
    Financed in 2000: $1.8 billion
    Financed by Region:
    Northeast: $384,410,296
    Southeast: $55,569,630
    Midwest: $89,488,057
    Southwest: $155,988,100
    West: $1,065,870,767

  22. Deutsche Banc Mortgage Capital LLC
    31 W. 52nd St., 10th Floor
    New York, NY 10019
    Phone: (888) 953-DBMC
    Fax: (212) 469-0053
    Web site: www.dbmortgagecapital.com
    Officers:
    Lawrence Brown, President/CEO; Ken Dickey, COO
    Financed in 2000: $1.3 billion
    Financed by Region:
    East: $500,000,000
    South: $312,500,000
    Midwest: $187,500,000
    West: $250,000,000

  23. Heller Financial Inc.
    500 W. Monroe St.
    Chicago, IL 60661
    Phone: (866) 243-5537
    Web site: www.hellerfinancial.com
    Officers:
    John Petrovski, Group President; Craig Andreen, Managing Director, Structured Lending; Joanne Kim, Mktg. Director
    Financed in 2000: $1.24 billion

  24. Bear, Stearns & Co. Inc.
    245 Park Ave.
    New York, NY 10167
    Phone: (212) 272-7918
    Fax: (212) 272-7047
    E-mail: choeffel@bear.com
    Web site: www.bearstearns.com
    Officers:
    J. Christopher Hoeffel, Sr. Managing Director; Barry Schumacher, Managing Director; Jeff Taschler, Managing Director
    Financed in 2000: $1.2 billion
    Financed by Region:
    Northeast: $327,000,000
    Southeast: $354,000,000
    Midwest: $212,000,000
    Southwest: $99,000,000
    West: $208,000,000

  25. Saybrook Capital Corp.
    401 Wilshire Blvd., Suite 850
    Santa Monica, CA 90401
    Phone: (310) 899-9200
    Fax: (310) 899-9101
    Officers:
    Jonathan Rosenthal, Partner; Jon Schotz, Partner; Joel Shine, Partner; Mohini Parsons, Mktg. Director
    Financed in 2000: $1.2 billion
    Financed by Region:
    Northeast: $200,000,000
    Midwest: $100,000,000
    West: $900,000,000

  26. Red Capital Group
    150 E. Gay St., 22nd Floor
    Columbus, OH 43215
    Phone: (800) 837-5100
    Fax: (614) 217-0104
    E-mail: llmackov@redcapitalgroup.com
    Web site: www.redcapitalgroup.com
    Officers:
    William E. Roberts, Chairman/CEO - Red Capital Group; David L. Goodman, Chairman/CEO, Red Mortgage Capital Inc.; Ken Bowen, Director; Linda Mackov, Director
    Financed in 2000: $1.15 billion

  27. Wells Fargo CMO
    45 Fremont St., MAC #A0194-090
    San Francisco, CA 94163
    Phone: (888) 777-0067
    Fax: (415) 975-7813
    E-mail: julief@wellsfargo.com
    Web site: www.wellsfargo.com/com/cmo
    Officers:
    Ed Blakey, Exec. VP & Div. Manager; Jim McDeuitt, Sr. VP/National Loan Origination Manager; Julie Folsythe, VP/Director of Mktg.
    Financed in 2000: $1.1 billion

  28. iStar Financial Inc.
    1114 Avenue of the Americas
    New York, NY 10036
    Phone: (212) 930-9400
    Fax: (212) 930-9494
    E-mail: investorserv@istarfinancial.com
    Web site: www.istarfinancial.com
    Officers:
    Jay Sugarman, President/Chairman/CEO; Spencer B. Haber, Exec. VP - Finance & CFO; Jeff Digel, Exec. VP - Investments; Roger Cozzi, Exec. VP - Investments; Lianne A. Merchant, VP - Investor Relations
    Financed in 2000: $1.01 billion
    Financed by Region:
    Northeast: $243,296,397
    Southeast: $133,899,494
    Midwest: $84,046,855
    Southwest: $162,473,321
    West: $390,956,770

  29. Reilly Mortgage Group
    2000 Corporate Ridge, Suite 925
    McLean, VA 22102
    Phone: (703) 760-4700
    Fax: (703) 760-4726
    E-mail: marketing@reilly.com
    Web site: www.reilly.com
    Officers:
    Terry Havens, Chairman/CEO; Patrick Kinlan, Sr. VP - Production
    Financed in 2000: $1 billion

  30. American Property Financing
    Six E. 43rd. St.
    New York, NY 10017
    Phone: (212) 850-4200
    Fax: (212) 850-4216
    E-mail: info@apfmultifamily.com
    Web site: www.apfmultifamily.com
    Officers:
    Alan Wiener, Chairman; Arthur Habighorst, President; Neil Cullen, Sr. Exec. VP; Heather Allen, Mktg. Director
    Financed in 2000: $1 billion
    Financed by Region:
    Northeast: $807,000,000
    Southeast: $34,000,000
    Midwest: $30,000,000
    Southwest: $48,000,000
    West: $81,000,000

  31. Archon Financial LP
    600 E. Las Colinas Blvd., Suite 800
    Irving, TX 75039
    Phone: (972) 501-3900
    Fax: (972) 830-7698
    Web site: www.archonfinancial.com
    Officers:
    Roddy O'Neal, Co-CEO; James Conway, Co-CEO; Benjamin Glatzer, Mktg. Director
    Financed in 2000: $921 million
    Financed by Region
    Northeast: $132,000,000
    Southeast: $135,000,000
    Midwest: $187,000,000
    Southwest: $162,000,000
    West: $305,000,000

  32. Related Capital
    625 Madison Ave., 9th Floor
    New York, NY 10022
    Phone: (212) 521-6453
    Fax: (212) 751-3550
    Officers:
    Stuart J. Boesky, Sr. Managing Director; Alan P. Hirmes, Sr. Managing Director; Jo D'Agostino, VP - Corp. Communications
    Financed in 2000: $905 million

  33. Credit Lyonnais
    1301 Avenue of the Americas,
    19th Floor
    New York, NY 10019
    Phone: (212) 261-7854
    Fax: (212) 261-3830
    Officers:
    J.R. Fitzgerald, Sr. VP; G. Allen, Manager Director; Mary Guzman, VP
    Financed in 2000: $900 million
    Financed by Region:
    Northeast: $400,000,000
    Southeast: $200,000,000
    Midwest: $100,000,000
    Southwest/West: $200,000,000
    International: $100,000,000

  34. Capri Capital
    1655 N. Fort Myer Dr., 13th Floor
    Arlington, VA 22209
    Phone: (703) 243-5700
    Fax: (703) 525-4323
    Web site: www.capricap.com
    Officers:
    Quintin Primo III, Co-Chairman; Daryl Carter, Co-Chairman; Patrick Colliton, Exec. VP/Managing Director - Originations
    Financed in 2000: $760 million
    Financed by Region:
    Northeast: $40,200,000
    Southeast: $369,800,000
    Midwest: $87,500,000
    Southwest: $93,100,000
    West: $169,400,000

  35. Corus Bank
    3959 N. Lincoln Ave.
    Chicago, IL 60613
    Phone: (773) 832-3533
    Fax: (773) 832-3540
    Officers:
    Robert Glickman, President/CEO; Timothy Taylor, Chief Financial Officer; Michael G. Stein, Exec. VP; Randy Curtis, Sr. VP
    Financed in 2000: $750 million
    Financed by Region:
    Northeast: $75,000,000
    Southeast: $75,000,000
    Midwest: $400,000,000
    Southwest: $100,000,000
    West: $100,000,000

  36. Capital Lease Funding Corp.
    110 Maiden Lane, 36th Floor
    New York, NY 10005
    Phone: (212) 217-6300
    Fax: (212) 217-6301
    E-mail: bill@caplease.com
    Web site: www.caplease.com
    Officers:
    William R. Pollert, President/CEO; Paul H. McDonell, Sr. VP/General Counsel; William F. Paylor, VP - Correspondent Relations; Steven L. Maloy, Sr. VP - Mktg. & Sales
    Financed in 2000: $615 million
    Financed by Region:
    Northeast: $156,000,000
    Southeast: $158,000,000
    Midwest: $85,000,000
    Southwest: $132,000,000
    West: $64,000,000
    International: $20,000,000

  37. Collateral Mortgage Ltd.
    524 Lorna Square
    Birmingham, AL 35216
    Phone: (205) 978-1840
    Fax: (205) 978-1852
    Web site: www.collateral.com
    Officers:
    David Roberts, COO/President; John Segrest, Sr. VP; Chris Dyson, Sr. VP; Patricia O. Muse, Director of Mktg.
    Financed in 2000: $586 million
    Financed by Region:
    Northeast: $36,400,000
    Southeast: $379,700,000
    Midwest: $36,200,000
    Southwest: $92,000,000
    West: $41,200,000

  38. AMI Capital Inc.
    7200 Wisconsin Ave., Suite 200
    Bethesda, MD 20814
    Phone: (301) 654-0033
    Fax: (301) 951-3234
    Officers:
    Michael D. Sullivan, President; David Queen, COO; Peter Sharp, Director of Commercial Finance; Rachel Reynolds, Mktg. Director
    Financed in 2000: $570 million
    Financed by Region:
    Northeast: $2,652,000
    Southeast: $181,420,800
    Midwest: $52,661,000
    Southwest: $190,606,900
    West: $142,320,300

  39. Standard Mortgage Corp.
    701 Poydras St., Suite 310
    New Orleans, LA 70139
    Phone: (504) 522-8243
    Fax: (504) 524-5002
    Web site: www.stanmor.com
    Officers:
    Timothy P. Bright, Sr. Exec. VP; Lowery W. Smith, Exec. VP; Craig S. West, Sr. VP; Andrea A. Shook, Commercial Loan Analyst
    Financed in 2000: $550 million
    Financed by Region:
    Southeast: $550,000,000

  40. LaSalle Bank
    135 S. LaSalle St., Suite 1225
    Chicago, IL 60603
    Phone: (312) 904-4027
    Fax: (312) 904-0900
    E-mail: robert.walter@abnamro.com
    Officers:
    Robert J. Walter, Sr. VP/Managing Director; John Newman, Exec. VP; Brock Hanson, Exec. VP
    Financed in 2000: $550 million
    Financed by Region:
    Northeast: $55,000,000
    Southeast: $50,000,000
    Midwest: $400,000,000
    Southwest: $20,000,000
    West: $25,000,000

  41. PW Funding Inc.
    200 Old Country Rd., Suite 580
    Mineola, NY 11501
    Phone: (516) 663-5650
    Fax: (516) 873-0080
    E-mail: info@pwfunding.com
    Web site: www.pwfunding.com
    Officers:
    Raymond J. Reisert, CEO; William Hyman, COO; Robert Walsh, Managing Director; Dick Olrich, Managing Director; Peter Reisert, Director
    Financed in 2000: $465 million

  42. Arbor Commercial Mortgage LLC
    333 Earle Ovington Blvd.
    Uniondale, NY 11553
    Phone: (516) 832-6596
    Fax: (516) 832-8045
    Officers:
    Ivan Kaufman, Chairman/President; Ron Gaither, Sr. VP/COO; Robert Schooley, Regional Manager; Ellen Segal, VP - Sales/Mktg.
    Financed in 2000: $445 million
    Financed by Region:
    Northeast: $170,000,000
    Southeast: $112,000,000
    Midwest: $15,000,000
    Southwest: $65,000,000
    West: $83,000,000

  43. US Bank - SBA Division
    9918 Hibert St., 2nd Floor
    San Diego, CA 92131-1018
    Phone: (858) 536-4545
    Fax: (858) 578-5389
    Web site: www.usbank.com
    Officers:
    David H. Bartram, President - SBA Division; Tom Wardle, Sr. VP - SBA Credit; Brian Butler, VP - Mktg. Communications
    Financed in 2000: $412 million

  44. Wexford Bancgroup
    318 West Adams, Suite 500
    Chicago, IL 60606
    Phone: (312) 332-4380
    Fax: (312) 541-7601
    Web site: www.wexfordbancgroup.com
    Officers:
    Steve Byers, CEO; S. Michael Lucash, Group President; Aaron Abelson, Asst. VP/Investment Officer; Christina Guerriero, PR Director
    Financed in 2000: $400 million
    Financed by Region:
    Northeast: $120,000,000
    Southeast: $120,000,000
    Midwest: $120,000,000
    Southwest: $20,000,000
    West: $20,000,000

  45. East West Bank
    475 Huntington Dr.
    San Marino, CA 91108
    Phone: (626) 583-3510
    Fax: (626) 441-3035
    Officers:
    Dominic Ng, Chairman/CEO/President; Julia Gouw, Executive VP/CFO; Donald S. Chow, Executive VP/Director of Commercial
    Lending; Steven Canup, Sr. VP - Investor Relations
    Financed in 2000: $399.5 million

  46. The Community Preservation Corp.
    Five W. 37th St.
    New York, NY 10018
    Phone: (212) 869-5300
    Fax: (212) 719-9374
    Web site: www.communityp.com
    Officers:
    Michael D. Lappin, President/CEO; John M. McCarthy, Exec. VP/COO; Jack Greene, Sr. VP; Brenda Ratliff, Director of Communications
    Financed in 2000: $355 million
    Financed by Region:
    Northeast: $355,129,244

  47. EF&A Funding LLC
    701 Gateway Blvd., Suite 100
    South San Francisco, CA 94080
    Phone: (650) 624-5772
    Fax: (650) 624-5763
    E-mail: info@efafunding.com
    Web site: www.efafunding.com
    Officers:
    Byron Steenerson, President; Steven J. Eichler, CFO/CITO
    Financed in 2000: $310 million
    Financed by Region:
    Northeast: $74,939,700
    Southeast: $25,546,610
    Midwest: $15,340,200
    Southwest: $176,693,437
    West: $17,739,900

  48. Charter Municipal Mortgage Acceptance Co.
    625 Madison Ave.
    New York, NY 10022
    Phone: (212) 421-5333
    Fax: (212) 751-3550
    Officers:
    Stuart J. Boesky, CEO/President; James D. Spound, Sr. VP; Jo D'Agostino, VP - Corporate Communications
    Financed in 2000: $300 million

  49. TRI Capital Corp.
    100 Pine St., 16th Floor
    San Francisco, CA 94111
    Phone: (800) 481-4874
    Fax: (415) 733-1555
    E-mail: contactus@tricapcorp.com
    Web site: www.tricapcorp.com
    Officers:
    John Sweazey, President/CEO; Jim Reid, Exec. VP; Mark Ragsdale, Sr. VP; John Hanahan, Director of Research
    Financed in 2000: $300 million
    Financed by Region:
    Midwest: $30,000,000
    Southwest: $90,000,000
    West: $180,000,000

  50. Southern Pacific Bank
    23530 Hawthorne Blvd.
    Torrance, CA 90505
    Phone: (800) 393-5626
    Fax: (310) 442-5104
    E-mail: gkelsey@spbank.com
    Web site: www.spbank.com
    Officers:
    Wayne Snavely, Chairman; Brad Plantiko, Exec. VP/CFO; Joe Ursino, Sr. VP
    Financed in 2000: $260 million
    Financed by Region:
    Northeast: $2,000,000
    Southeast: $32,000,000
    Midwest: $15,000,000
    Southwest: $20,000,000
    West: $191,000,000



Top Intermediaries

  1. Fannie Mae - Multifamily
    3900 Wisconsin Ave. N.W.,
    Mail Stop 3H2E-04
    Washington, D.C. 20016
    Phone: (202) 752-7000
    Fax: (202) 752-4231
    Web site: www.efanniemae.com
    Officers:
    Ken Bacon, Sr. VP - Lending & Investments; Richard Lawch, Sr. VP - Multifamily Products & Capital Markets; Charlene Kramer, Acting Sr. VP, Corp. Communications
    Financed in 2000: $13.5 billion

  2. Holliday Fenoglio Fowler LP
    One LincolnPark
    8750 N. Central Expressway,
    Suite 400
    Dallas, TX 75225
    Phone: (214) 265-0880
    Fax: (214) 265-1686
    E-mail: mgibson@hfflp.com
    Web site: www.hfflp.com
    Officers: Mark D. Gibson, Exec. Managing Director; Joe B. (Jody) Thornton Jr., Exec. Managing Director; John H. Pelusi Jr., Exec. Managing Director; John P. Fowler, Exec. Managing Director; Richard Johnson, Mktg. Rep.
    Financed in 2000: $11 billion
    Financed by Region:
    Northeast: $3,857,576,303
    Southeast: $1,635,941,519
    Midwest: $375,329,250
    Southwest: $2,693,694,904
    West: $2,476,864,732
    International: $11,019,200

  3. Bank of America
    600 Peachtree St., 55th Floor
    Atlanta, GA 30308-3318
    Phone: (404) 607-6050
    Fax: (404) 607-6101
    Officers:
    Michael R. Buchanan, Managing Director
    Financed in 2000: $9 billion*
    *Lending total includes $2 billion conduit and $7 billion syndicated credits sold down

  4. L.J. Melody & Co.
    5847 San Felipe, Suite 4400
    Houston, TX 77057
    Phone: (713) 787-1900
    Fax: (713) 787-1998
    Web site: www.ljmelody.com
    Officers:
    Larry Melody, Chairman; Brian Stoffers, Exec. Managing Director; Tom Melody, Exec. Managing Director; Myra Moren, VP
    Financed in 2000: $7.2 billion

  5. North MARQ Capital Inc.
    3500 W. 80th St., Suite 500
    Minneapolis, MN 55431
    Phone: (952) 356-0100
    Fax: (952) 356-0088
    E-mail: epadilla@northmarq.com
    Web site: www.northmarq.com
    Officers:
    Edward Padilla, President/CEO; Michael Myers, Sr. VP/CAO; Ken Stockton, Exec. VP/Sr. Managing Director; Steve Bye, Exec. VP/Sr. Managing Director
    Financed in 2000: $3.5 billion
    Financed by Region:
    Midwest: $1,267,939,076
    Southwest: $886,582,102
    West: $1,377,458,959

  6. Goldman, Sachs & Co.
    85 Broad St.
    New York, NY 10004
    Phone: (212) 902-1000
    Fax: (212) 902-3000
    Financed in 2000: $3.3 billion

  7. First Union Real Estate Capital Markets
    201 S. College St.
    Charlotte, NC 28288-0166
    Phone: (888) 217-9084
    Web site: www.firstunion.com
    Officers:
    Ben Williams, Managing Director - Real Estate Capital Markets; Bill Green, Managing Director - Real Estate Securitizations; Hillary Cooper, VP - Capital Markets Mktg.
    Financed in 2000: $2.5 billion

  8. iCap Realty Advisors
    77 W. Wacker Dr., Suite 4150
    Chicago, IL 60601
    Phone: (312) 673-4227
    Fax: (312) 553-0767
    E-mail: rberman@icaprealty.com
    Web site: www.icaprealty.com
    Officers:
    Ross A. Berman, President/COO; James Houlihan, Chairman
    Financed in 2000: $2.5 billion

  9. Sonnenblick-Goldman Co.
    712 Fifth Ave., 14th Floor
    New York, NY 10019
    Phone: (212) 841-9200
    Fax: (212) 262-4224
    E-mail: jboccini@sonngold.com
    Web site: www.sonngold.com
    Officers:
    Steven A. Kohn, President; KenZiebelman, Managing Director; Andrew Oliver, Managing Director; Jeannette Boccini, Director of Corporate Communicatons
    Financed in 2000: $2 billion
    Financed by Region:
    Northeast: $800,000,000
    Southeast: $400,000,000
    Midwest: $200,000,000
    Southwest: $200,000,000
    West: $300,000,000
    International: $100,000,000

  10. Principal Capital Real Estate Investors LLC
    801 Grand Ave.
    Des Moines, IA 50392-0490
    Phone: (800) 533-1390
    Fax: (515) 235-9700
    E-mail: appleby.laura@principal.com
    Web site: www.principalcapital.com
    Officers:
    Julia Lawler, President - Equity Group; Pat Halter, President - Debt Group; Steve Graves, COO; Richard Hibbs, Exec. VP - Institutional Mktg.
    Financed in 2000: $1.6 billion
    Financed by Region:
    Northeast: $253,179,340
    Southeast: $491,525,715
    Midwest: $187,067,422
    Southwest: $172,787,359
    West: $357,754,340

  11. Legg Mason Real Estate Services
    1735 Market St., 12th Floor
    Philadelphia, PA 19103-7501
    Phone: (215) 496-3000
    Fax: (215) 496-3005
    Web site: www.lmres.com
    Officers:
    Walter D'Alessio, Chairman/President/CEO; Eugene J. Veneziale, Exec. VP/COO; R. Craig Butchenhart, Exec. VP
    Financed in 2000: $1.3 billion
    Financed by Region:
    Northeast: $937,963,100
    Southeast: $344,734,204

  12. Singer & Bassuk Organization
    767 Third Ave.
    New York, NY 10017
    Phone: (212) 371-2277
    Fax: (212) 371-6610
    E-mail: andysinger@singerbassuk.com
    Officers:
    Andrew J. Singer, Chairman/CEO; Scott A. Singer, VP
    Financed in 2000: $1.2 billion
    Financed by Region:
    Northeast: $975,000,000
    Southwest: $230,000,000

  13. Secured Capital Corp.
    11150 Santa Monica Blvd., Suite 1400
    Los Angeles, CA 90025
    Phone: (310) 477-9600
    Fax: (310) 477-3436
    Web site: www.securedcapital.com
    Officers:
    Steve A. Roth, Chairman; Michael Van Konynenburg, President
    Financed in 2000: $1.14 billion
    Financed by Region:
    Northeast: $145,000,000
    Southeast: $267,000,000
    West: $729,000,000

  14. The Ackman-Ziff Real Estate Group LLC
    110 E. 42nd St., Suite 1401
    New York, NY 10017
    Phone: (212) 697-3333
    Fax: (212) 682-8927
    Officers:
    Simon Ziff, President; Lawrence D. Ackman, Chairman
    Financed in 2000: $1.12 billion
    Financed by Region:
    Northeast: $841,500,000
    Southeast: $112,200,000
    Midwest: $56,100,000
    Southwest: $56,100,000
    West: $56,100,000

  15. Laureate Capital
    227 W. Trade St., Suite 400
    Charlotte, NC 28201
    Phone: (704) 332-4454
    Fax: (704) 332-5308
    E-mail: tsd@laureatecap.com
    Web site: www.laureatecap.com
    Officers:
    Thomas S. Dennard, President/CEO
    Financed in 2000: $966 million
    Financed by Region:
    Northeast: $89,000,000
    Southeast: $624,000,000
    Midwest: $207,000,000
    Southwest: $10,000,000
    West: $36,000,000

  16. Quantum First Capital
    8235 Douglas Ave., Suite 410
    Dallas, TX 75225
    Phone: (214) 346-0200
    Fax: (214) 346-0244
    E-mail: quantum@qfclp.com
    Web site: www.qfclp.com
    Officers:
    Stuart Wernick, President; Hunter McGrath, VP; Linda Shanks, Admin. Asst.
    Financed in 2000: $940 million
    Financed by Region:
    Southeast: $50,000,000
    Southwest: $850,000,000
    West: $40,000,000

  17. Draper and Kramer Inc.
    33 W. Monroe St.
    Chicago, IL 60603
    Phone: (312) 346-8600
    Fax: (312) 346-6531
    Web site: www.draperandkramer.com
    Officers:
    Douglas Kramer, Chairman; Forrest Bailey, President/CEO; William T. Barry, Sr. VP
    Financed in 2000: $750 million
    Financed by Region:
    Northeast: $90,000,000
    Midwest: $566,000,000
    West: $94,000,000

  18. Johnson Capital Group
    18500 Von Karman, Suite 500
    Irvine, CA 92612
    Phone: (949) 660-1999
    Fax: (949) 660-1998
    E-mail: guyjohnson@johnsoncap.com
    Web site: www.johnsoncapital.com
    Officers:
    Guy K. Johnson, President; Kevin J. Burkhalter, Sr. VP; Richard A. Caterina, Sr. VP; Gregory J. West, VP
    Financed in 2000: $673 million
    Financed by Region:
    Southwest: $673,425,000

  19. American Realty & Financial Services of California Inc.
    1301 Dove St., Suite 820
    Newport Beach, CA 92660
    Phone: (949) 250-8800
    Fax: (949) 250-8801
    E-mail: americanrealtyfi@msn.com
    Officers:
    Scott Matteson, President; Steve Berger, Director; Doug Thompson, Director
    Financed in 2000: $550 million
    Financed by Region:
    Midwest: $100,000,000
    Southwest: $100,000,000
    West: $350,000,000

  20. APC Realty Advisors
    650 Fifth Ave., 24th Floor
    New York, NY 10019
    Phone: (212) 397-2000
    Fax: (212) 397-0494
    Officers:
    Richard H. Mosse, President/CEO; Richard Swartz, Director; Caroline Mosse, Sr. VP
    Financed in 2000: $500 million
    Financed by Region:
    Northeast: $300,000,000
    Midwest: $100,000,000
    West: $100,000,000

  21. Commercial Mortgage Capital
    333 Littleton Rd., Suite 204
    Parsippany, NJ 07054
    Phone: (973) 316-8999
    Fax: (973) 316-0199
    E-mail: cmc@gti.net
    Web site: www.cmccorp.com
    Officers:
    Mark Scott, President; Ginni Bukowski, Exec. VP; Megan Van Eeckhoven, Admin. Asst.
    Financed in 2000: $424 million
    Financed by Region:
    Northeast: $424,000,000

  22. Partners Realty Capital
    4685 MacArthur Court, Suite 422
    Newport Beach, CA 92660
    Phone: (949) 851-1954
    Fax: (949) 851-1819
    E-mail: pfruchbom@prcpartners.com
    Officers:
    Paul Fruchbom, Managing Member; Roger Williams, Managing Director; Jay Hunter, Sr. Director
    Financed in 2000: $420 million
    Financed by Region:
    West: $420,000,000

  23. Glaser Financial Group Inc.
    2550 University Ave. W., Suite 310N
    St. Paul, MN 55114
    Phone: (651) 644-7694
    Fax: (651) 644-0923
    E-mail: glaser@glaser.com
    Web site: www.glaser.com
    Officers:
    Kevin Filter, President; DavidWilliams, Exec. VP; Lisa Sammon Roach, VP
    Financed in 2000: $409 million
    Financed by Region:
    Northeast: $4,460,000
    Midwest: $293,449,300
    Southwest: $65,791,000
    West: $45,030,000

  24. Bloomfield Acceptance
    260 E. Brown, Suite 350
    Birmingham, MI 48009
    Phone: (248) 433-2770
    Fax: (248) 644-5760
    Officers:
    Daniel E. Bober, President; Creighton J. Weber, Exec. VP; Otto Kern, Exec. VP; Gail L. Chapman, Director of Corp. Communications
    Financed in 2000: $390 million
    Financed by Region:
    Southeast: $27,100,000
    Midwest: $326,680,000
    Southwest: $36,700,000

  25. Metropolitan Capital Advisors Ltd.
    18111 Preston Rd., Suite 100,
    Dallas, TX 75252
    Phone: (972) 267-0600
    Fax: (972) 267-0606
    Officers:
    Scott R. Lynn, Director/Principal; Genita Johnson, Associate
    Financed in 2000: $380 million
    Financed by Region:
    Southeast: $25,000,000
    Southwest: $330,000,000
    West: $25,000,000

  26. Lend Lease
    3424 Peachtree Rd., Suite 800
    Atlanta, GA 30326
    Phone: (404) 848-8600
    Fax: (404) 848-8910
    E-mail: contacts@lendleaserei.com
    Web site: www.lendleaserei.com
    Officers:
    Sheryl Pressler, CEO; Fred Pratt, President/COO; Donnie Skidmore, Principal; Cornelia Kiley, Chief Mktg. Officer
    Financed in 2000: $352 million
    Financed by Region:
    Northeast: $228,984,800
    Southeast: $56,913,116
    Midwest: $31,245,450
    Southwest: $10,406,850
    West: $24,116,450

  27. The Midland Companies
    33 N. Garden Ave., Suite 1200
    Clearwater, FL 33755
    Phone: (727) 461-4801
    Fax: (727) 443-6067
    E-mail: webmaster@gomidland.com
    Web site: www.gomidland.com
    Officers:
    Robert J. Banks, Chairman/CEO; Keith J. Gloeckl, President/COO; Don R. Reynolds, Sr. VP/National Mktg. Director
    Financed in 2000: $339 million
    Financed by Region:
    Northeast: $61,737,160
    Southeast: $115,199,560
    Midwest: $61,591,105
    Southwest: $75,578,475
    West: $24,423,700

  28. Bernard Financial Group
    28300 Franklin Rd.
    Southfield, MI 48034
    Phone: (248) 799-9200
    Fax: (248) 799-9208
    E-mail: plowe@bernardfinancial.com
    Officers:
    Dennis S. Bernard, President; Laura A. Blake, Exec. VP
    Financed in 2000: $306 million
    Financed by Region:
    Midwest: $306,450,000

  29. Dominion Healthcare Financial Corp.
    11355 W. Olympic Blvd., Suite 210
    Los Angeles, CA 90064-1616
    Phone: (310) 477-3041
    Fax: (310) 477-1601
    Web site: www.dominfin.com
    Officers:
    Paul S. Horvitz, President; Keith A. Olson, Sr. VP
    Financed in 2000: $295 million

  30. Credit Re Mortgage Capital LLC
    625 Madison Ave., 9th Floor New York,
    NY 10128
    Phone: (212) 421-5580
    Fax: (212) 593-5776
    Web site: www.creditre.com
    Officers:
    John Sokolovic, Managing Director; David Levine, Managing Director
    Financed in 2000: $212 million
    Financed by Region:
    Northeast: $80,000,000
    Southeast: $40,000,000
    Midwest: $25,000,000
    Southwest: $25,000,000
    West: $42,000,000

  31. Triad Mortgage
    10829 Olive Blvd., Suite 204
    St. Louis, MO 63141
    Phone: (314) 997-7800
    Fax: (314) 997-3171
    E-mail: jmonteleone@triadmortgage.com
    Web site: www.triadmortgage.com
    Officers:
    Joe Monteleone, Exec. VP; Terry Dunaway, Sr. VP
    Financed in 2000: $207 million
    Financed by Region:
    Midwest: $206,543,000

  32. American Property Financing
    Six E. 43rd. St.
    New York, NY 10017
    Phone: (212) 850-4200
    Fax: (212) 850-4216
    E-mail: info@apfmultifamily.com
    Web site: www.apfmultifamily.com
    Officers:
    Alan Wiener, Chairman; Arthur Habighorst, President; Neil Cullen, Sr. Exec. VP; Heather Allen, Mktg. Director
    Financed in 2000: $200 million
    Financed by Region:
    Northeast: $185,000,000
    West: $15,000,000

  33. Washington Capital Management
    4350 LaJolla Village Dr., Suite 960
    San Diego, CA 92122
    Phone: (619) 457-3100
    Fax: (619) 457-2885
    Officers:
    Mike Russel, CEO; El Jahncke, President
    Financed in 2000: $200 million
    Financed by Region:
    West: $200,000,000

  34. Poole & Co.
    550 Broad St.
    Newark, NJ 07102-4598
    Phone: (973) 623-2424
    Fax: (973) 642-4531
    E-mail: info@pooleco.com
    Web site: www.pooleco.com
    Officers:
    James R. Poole, President; Janet L. Proscia, COO; Timothy Thompson, VP; Neil Minardi, VP
    Financed in 2000: $181 million
    Financed by Region:
    Northeast: $181,399,593

  35. Bonneville Realty Capital
    3773 Howard Hughes Parkway, Suite 550
    Las Vegas, NV 89109
    Phone: (702) 693-4600
    Fax: (702) 693-4646
    Web site: www.brclv.com
    Officers:
    Scott L. Monroe, Principal; David Wall, Associate
    Financed in 2000: $175.7 million
    Financed by Region:
    West: $175,661,000

  36. Bloomfield Financial Services
    38505 Woodward Ave., Suite 1300
    Bloomfield Hills, MI 48304
    Phone: (248) 644-2170
    Fax: (248) 644-7107
    E-mail: bjoseph@bloomfieldfinancial.com
    Web site: www.bloomfieldfinancial.com
    Officers:
    Robert J. Joseph, Chairman; Michael Bontumasi, President
    Financed in 2000: $175.5 million
    Financed by Region:
    Southeast: $15,000,000
    Midwest: $160,500,000

  37. Morris, Smith & Feyh Inc.
    2211 Lake Club Dr.
    Columbus, OH 43232
    Phone: (614) 575-1094
    Fax: (614) 575-1077
    E-mail: msf@morrissmithandfeyh.com
    Officers:
    Jeffrey M. Morris, President
    Financed in 2000: $172 million
    Financed by Region:
    Midwest: $144,122,625
    West: $27,700,000

  38. Beacon Realty Capital Inc.
    549 W. Randolph St., Suite 410
    Chicago, IL 60601
    Phone: (312) 207-0060
    Fax: (312) 207-1827
    Officers:
    Jim Ablan, Principal; Bill Johnson, Principal
    Financed in 2000: $164 million

  39. AFC Realty Capital, Inc.
    888 Seventh Avenue, Suite 402
    New York, NY 10106
    Phone: (212) 245-2050
    Fax: (212) 245-0022
    E-mail: fefferman@afcrealtycapital.com
    Web site: www.afcrealtycapital.com
    Officers:
    Arthur Fefferman, President; Joseph Fatony, Managing Director; Michael Sonnabend, Managing Director; Amy Stevens, VP
    Financed in 2000: $152 million

  40. D. Ansley/Holmes Co.
    P.O. Box 488
    Austin, TX 78767
    Phone: (512) 476-1305
    Fax: (512) 476-1887
    Officers:
    J. David Holmes, CMB, Director/President; Steve McAllister,
    Chairman; Reagan T. Houston III, Loan Officer
    Financed in 2000: $150 million
    Financed by Region:
    Southwest: $150,000,000

  41. GP Realty Finance Inc.
    400 108th Ave. N.E., Suite 209
    Bellevue, WA 98004
    Phone: (425) 637-8849
    Fax: (425) 646-1036
    Officers:
    Greg Piantanida, President; Alan Holcombe, Vp
    Financed in 2000: $140 million
    Financed by Region:
    West: $140,000,000

  42. First Affiliated Finance Corp.
    180 Harbor Dr., Suite 227
    Sausalito, CA 94965
    Phone: (415) 332-5454
    Fax: (415) 332-8550
    Officers:
    John Shalavi, President/Owner; Don Ennis; David Saldivar
    Financed in 2000: $127 million
    Financed by Region:
    West: $127,000,000

  43. Monroe & Giordano LLC
    777 S. Harbour Island Blvd.,
    Suite 140
    Tampa, FL 33602
    Phone: (813) 229-5055
    Fax: (813) 229-5363
    E-mail: cmonroe@monroe-giordano.com
    Officers:
    J. Cary Monroe, President; Mike Giordano, VP; Sharon Yingst,
    Director
    Financed in 2000: $102 million
    Financed by Region:
    Northeast: $4,150,000
    Southeast: $77,350,000
    Midwest: $5,000,000
    Southwest: $12,000,000
    West: $3,500,000

  44. Armstrong Mortgage Co.
    1225 Dublin Rd.
    Columbus, OH 43215
    Phone: (614) 481-8383
    Fax: (614) 481-8833
    Web site:
    www.armstrong-mortgage.com
    Officers:
    Bradford C. Armstrong, President
    Financed in 2000: $100 million

  45. Popovic and Tracey Ltd.
    3250 W. Big Beaver
    Troy, MI 48084
    Phone: (248) 362-9554
    Fax: (248) 362-9663
    Officers:
    Peter Popovic, President; Dennis Tracey, VP
    Financed in 2000: $100 million

  46. First American Realty Assoc. LLC
    710 Route 46 E., Suite 203
    Fairfield, NJ 07004
    Phone: (973) 575-7547
    Fax: (973) 575-7631
    E-mail: farallc@aol.com
    Officers:
    Joseph S. Epstein, President; Laura Kruszewski, Secretary
    Financed in 2000: $62 million
    Financed by Region:
    Northeast: $20,100,000
    Southeast: $17,847,595
    Midwest: $12,300,000
    Southwest: $11,252,405

  47. Arko Investments
    1358 N. Dearborn
    Chicago, IL 60610
    Phone: (312) 266-0832
    Fax: (312) 266-0857
    Officers:
    Allan Koretz, President; Bob Koretz, VP; Ken DeWitt, VP
    Financed in 2000: $60 million
    Financed by Region:
    Midwest: $30,000,000
    Southwest: $10,000,000
    West: $20,000,000

  48. Inland Mortgage Corp.
    2901 Butterfield Rd.
    Oak Brook, IL 60523
    Phone: (630) 218-8000
    Fax: (630) 218-4961
    E-mail: lundin@inlandmortgagecorp.com
    Web site: www.inlandmortgagecorp.com
    Officers:
    Raymond Petersen, President; Leslie Lundin, Sr. VP; Bella Zielinski, President
    Financed in 2000: $50 million
    Financed by Region:
    Southeast: $5,000,000
    Midwest: $45,475,227

  49. RB Financial Services Inc.
    3475 Lenox Rd., Suite 800,
    Atlanta, GA 30326
    Phone: (404) 816-1600
    Fax: (404) 842-0319
    E-mail: jhanson@richardbowers.com
    Web site: www.richardbowers.com
    Officers:
    Richard E. Bowers, Chairman; James F. (Jim) Hanson, President
    Financed in 2000: $49 million
    Financed by Region:
    Southeast: $49,000,000

  50. King Mortgage Corp.
    7832 Aberdeen Rd., Suite 3
    Bethesda MD 20814
    Phone: (301) 718-3646
    Fax: (301) 718-9731
    E-mail: bmking3@aol.com
    Officers:
    Bert M. King, President
    Financed in 2000: $49 million
    Financed by Region:
    Northeast: $49,000,000