BALTIMORE — Capital Funding Group (CFG), a Baltimore-based lender, has hired David Casden as vice president of capital markets distribution.
Formerly managing director of sales and trading/pricing at Lument Real Estate Capital, Casden brings nearly two decades of experience to CFG.
Casden joins the CFG team to lead the augmentation of loan distribution efforts, with a primary focus on establishing capital markets relationships and implementing structured distribution vehicles to complement the company’s existing loan syndication efforts. He will work closely with the loan origination teams to inform them of market feedback to support the growth of CFG’s HUD and agency business lines.
In his prior role as at Lument, Casden directed the pricing, trading and financing of commercial real estate loans, agency mortgage-backed securities and CMBS transactions, including fixed-rate and floating-rate debt for new development, acquisitions and refinances. His team orchestrated $7.5 billion in average annual commercial mortgage-backed securities and loan trading volume with over 650 annual transactions.
Casden holds a bachelor’s degree in finance from Yeshiva University, Sy Syms School of Business.