Skip to main content

Bridger Commercial Funding Adds Mezzanine Financing Product to CMBS Origination Platform
Nov 29, 2010

Bridger Commercial Funding LLC, a commercial real estate finance company that originates commercial mortgage-backed securities (CMBS) loans, has announced the addition of a mezzanine financing product to its CMBS origination program. The mezzanine financing capability is made possible through a strategic relationship with New York Mortgage Trust Inc. (NYMT). "Bridger's CMBS-Mezzanine combined financing program adds value for clients by providing the extra proceeds they need to make transactions work as the CMBS market recovers," said Steve Mumma, co-chief executive officer of Bridger Commercial Funding. Mumma also serves as chief executive officer and president of NYMT. "The program assists a growing number of property owners faced with unprecedented gaps between what they owchief executive officer of Bridger, and chairman of NYMT. Bridger will issue mezzanine loans of $0.5 million to $5 million, but only on transactions where Bridger is originating the senior CMBS loan. By leveraging the underwriting for the CMBS loan, Bridger is able to provide a quicker, more efficient approval process and cost-effective all-in financing solution. For more information, visit
Nov 29, 2010
Rocket Launches Visa Signature Card

Rocket says its first-of-its kind credit card will help clients save on home purchases and homeowners pay off mortgages.

Guild Mortgage Acquires Cherry Creek Mortgage

Terms of purchase not disclosed; reverse mortgage volume added to Guild.

Mar 14, 2023
Vigilance, Dedication, And Commitment Forge Legends

Submit a nomination for Mortgage Banker Magazine’s Legends of Lending.

Mar 10, 2023
FTC Moves To Block Black Knight, ICE Merger

Says it 'would drive up costs, reduce innovation, and reduce lenders’ choices.'

Mar 09, 2023
Rocket Arms Brokers With Bully Shield Vs. UWM

Rocket covers penalties and court fees for brokers who want to get out of United Wholesale Mortgage’s ultimatum contract. 

Feb 06, 2023
Top Texas Originator Sees No Surrender To 2023

Big cities will determine the battle

Jan 26, 2023