NEW YORK—Waterfall Asset Management has acquired Coldwell Banker Commercial Hunter Realty, a real estate brokerage and advisory services firm serving the Manhattan market. The company will now do business as Coldwell Banker Commercial Alliance, an independently owned and operated affiliate of the Coldwell Banker Commercial (CBC) franchise system.

In addition to the Coldwell Banker Commercial Alliance New York location, the firm will now focus on expansion in markets across the country under the leadership of CEO Obie Walli and President Bruce Weissberg. The company will focus on serving small businesses and the owners of commercial assets in the under $10 million range.

According to Weissberg, Coldwell Banker Commercial Alliance will be targeting markets such as Chicago, Dallas, Boston, Southern California and Miami.