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Q10 Capital Announces Outstanding 2013 Loan Origination Results

 IMG00028-20100821-1511Q10 Capital affiliates saw a record increase in loan production in 2013 of 38% to $3.829 billion from $2.772 billion in 2012. In announcing the results, Bob Stout, CEO of Q10 Capital said, “we are pleased with this substantial increase in business and know it is a direct result of the continued commitment of our affiliates to be the best in class commercial and multifamily mortgage bankers in each of their markets.” Loan origination results for the commercial and multifamily markets as a whole were up 7% in 2013.

Atlanta based affiliate Q10 | iCap Realty Advisors lead the affiliates with production of $580 million. Q10 | Lutz Financial Services in Birmingham, MI was second with $546 million followed by Q10 | Triad Capital Advisors with $464 million. David Collie, principal with Q10 | iCap Realty Advisors was awarded the Chairman’s Award for top production company wide.

Loans were placed with 130 different capital sources with life insurance companies representing the largest investor segment followed by CMBS and banks. Loan sizes ranged from just under $1 million to $100 million. As of December 31, 2013 the Q10 member affiliates were servicing 3,915 loans with an aggregate principal balance of $11.475 billion.

Q10 Capital is an affiliation of 16 independently owned commercial and multifamily mortgage banking companies operating in 23 markets coast-to-coast. The company is built around the belief that local market expertise is the foundation of superior solutions for the commercial financing goals of property owners all the while leveraging the collective knowledge of a national organization. For more information explore our website at www.q10capital.com.