Michael McRoberts has agreed to join Prudential Mortgage Capital Company, the commercial mortgage lending business of Prudential Financial Inc., as managing director of its conventional Fannie Mae and Freddie Mac lending business. McRoberts will be responsible for growing and enhancing Prudential’s leadership position in multifamily lending as head of the company’s market rate Fannie Mae and Freddie Mac portfolio teams and agency production team.
“Mike is an industry leader respected for his deep and broad knowledge of multifamily finance that will be a catalyst for continued growth in our already strong agency lending platform,” said David Durning, senior managing director of Prudential Mortgage Capital. “The last few years have brought tremendous change for all participants in the agency lending business. Adding Mike to Prudential Mortgage Capital’s leadership team highlights our strong commitment to agency lending.”
McRoberts, who will be based in the company’s McLean, Va. office, joins Prudential Mortgage Capital Company from Freddie Mac, where he was a VP and national head of sales and production, responsible for the agency’s conventional multifamily business, structured transactions and senior’s housing teams, the national Freddie Mac Program Plus network and Freddie’s four regional production offices. Earlier, he was national head of underwriting and credit and managing director of Freddie Mac’s southeast region. McRoberts will report directly to Durning.