Nation’s Largest Independent Commercial Mortgage Banking Firm Adds Craig Hoebing as Director in Phoenix and David Kendall as Associate in Newport Beach
San Francisco, Calif. (April 16, 2021) – Gantry, the largest independent commercial mortgage banking firm in the U.S., has expanded its origination and production team with the addition of two key professionals working from its Phoenix, Ariz. and Newport Beach, Calif. offices. The new hires join a production team that originated $3.0 billion of commercial mortgages nationally in 2020 and has met or exceeded that volume for the past five years.
“Even with the unprecedented disruptions of 2020, Gantry has continued to grow its dedicated team of expert commercial mortgage production talent over the past 12 months and that focus continues in 2021,” said Michael Heagerty, Principal and CFO with Gantry. “Our independent culture requires a certain depth of experience, drive and expertise to thrive, and when we identify candidates, whose talents exemplify those requirements, we have a place for them on our producer-centric team where they will be supported in growing their professional practice.”
Both new executives will focus on commercial mortgage debt origination and placement on behalf of Gantry’s extensive roster of correspondent and affiliated lenders. Craig Hoebing joins the firm’s Phoenix production team as Director, and David Kendall will join its Newport Beach production team as Associate. Both will serve clients nationally in identifying, structuring and underwriting preferred debt solutions across all asset categories, including multifamily, industrial, office, retail, self-storage and hospitality properties. Individual bios include:
Craig Hoebing, Director: Hoebing joins Gantry with more than two decades of experience in originating and funding private and commercial mortgage debt across all commercial asset types including office, medical, industrial, self-storage, retail, multifamily and single-family rental housing. His previous experience includes commercial mortgage production positions with Churchill Commercial Capital and Colliers International. Prior to working in commercial mortgage, Hoebing developed his real estate finance skills with Investor Property Finance Loans, a private real estate lender specializing in short term bridge and construction lending. He earned his bachelor’s degree in Business Administration with a minor in Real Estate and Regional Development from the University of Arizona in 2005. Craig participates in the Executive Council 70 charitable organization that raises funds to support various youth groups.
David Kendall, Associate: Kendall joins Gantry with more than a decade of experience in commercial real estate underwriting, acquisitions and asset management. Kendall began his career with the The Irvine Company in 2010 in its construction division and has since worked with such noted firms as Colony American Homes, Invesco Real Estate, HPC Inc. and, most recently, Space Investment Partners. Kendall graduated from University of Southern California (USC) with a bachelor’s in Real Estate Development and is also a graduate of NAIOP Southern California’s Young Professionals Group program and a continuing member of the chapter.