WASHINGTON, D.C. — Berkadia has added Laura Saull Smith to its HUD loan origination team. Smith will work from the company’s Washington, D.C. office.
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Billy Meyer, managing director of Seattle-based Columbia Pacific Advisors, doesn’t mince words when talking about the bridge lender’s cautious approach to financing seniors housing product today. “We don’t underwrite hope as a strategy anymore. It’s just not a good execution strategy, we believe.”