Each year, Midwest Real Estate News inducts a new class into its Commercial Real Estate Hall of Fame. Here is a look at one of our new inductees, Northmarq Chicago Managing Director Brett Hood.
Brett Hood is responsible for providing clients with creative financing solutions on behalf of the firm’s direct relationships with Fannie Mae, Freddie Mac, FHA, life company correspondents, commercial banks and CMBS lenders.
A University of Madison-Wisconsin alum, Hood is a CRE veteran of more than two decades and has extensive knowledge financing all property types nationwide for an array of capital providers. His career began in CMBS lending spending nine years with firms like Credit Suisse, Nomura, CW Capital, and Guggenheim Partners. Prior to arriving at Northmarq, he spent six years with Freddie Mac’s multifamily division most recently serving as director of production.
But the transition from lending to his current role in mortgage banking wasn’t without challenges. It required Hood to effectively build his own book of clients from scratch. Despite the fear of the unknown, it turned out to be the best career decision he ever made. It was this experience that laid the foundation for his continued success, among many other factors.
“I was fortunate to learn from some of the best mentors early in my career and gain incredible exposure to all aspects of the business,” Hood said. “I’ve been successful leveraging my 15 years of agency and capital markets lending experience to my current role in debt advisory/placement. My unique perspective across mortgage credit, underwriting, pricing, legal, and agency guidelines enables me to successfully navigate the deal process providing my clients with the very best terms, execution and service.”
Hood has originated $9 billion in loan volume over his career. He was awarded Rookie of the Year and currently serves as the only Northmarq employee on Freddie Mac’s Advisory Council. He’s also a member of Northmarq’s Production Committee.
Outside of work, Hood enjoys traveling, playing golf and spending quality time with his family.
