Freedom Mortgage Launches Commercial Division

Freedom Mortgage Corporation has announced the launch of its new commercial real estate lending division. This new division will be based in New York and managed by industry veterans, Mary Davenport, Nichole Kim and Shawn Townsend. Initially, they will focus on first mortgage originations from $2-10 million in size for CMBS execution. “I am thrilled to join Freedom Mortgage and build this new division along with two such talented colleagues. Nichole and Shawn add tremendous value to our team,” said Davenport. Mary Davenport joins Freedom Mortgage after a three-year affiliation with RBS Securities, and her role as a partner and portfolio Manager for Vertical Capital. Nichole Kim comes to Freedom after three years at Rialto Capital. Her background includes working as an originator for Nomura and CSFB. In addition, Nichole purchased CMBS and REIT securities for TIAA-CREF. Shawn Townsend was most recently managing partner at Velocity Advisors, and prior to that, head of capital markets at Gramercy Capital and earlier at Nomura, JP Morgan and Oasis Real Estate Partners.