Cleveland-based KeyBank Real Estate Capital has appointed Patrick Kempton as the Midwest Regional production manager for a team focused on multifamily lending in the Midwest region.
Kempton is responsible for a team originating loans for the multifamily sector through Fannie Mae, Freddie Mac, HUD, CMBS, life companies, and debt funds. He is based in Chicago and reports to Janette O’Brien, Head of Multifamily Production at KeyBank.
Kempton brings nearly 25 years of multifamily and healthcare real estate experience in the Midwest region. Prior to joining Key, he was a managing director of originations at PGIM Real Estate, where he was responsible for a team originating Fannie Mae, Freddie Mac, FHA, life company, construction and bridge loans. Previously, Kempton held positions at Huntington Capital Corp and Bank One Capital Corp. Kempton has originated and approved more than $5 billion in multifamily and healthcare properties across the US.
Kempton earned his MBA from The Ohio State University, and his BS in Chemistry from Manhattan College. He serves on the Daniel Murphy Scholarship Fund Board.