St. Paul, Minn.-based Oak Grove Capital celebrated a record-breaking 2013. During the year, the company provided $1.7 billion of affordable-, market-rate and seniors-housing financing.
That figure represents a growth of 16 percent from 2012.
Freddie Mac and FHA financings increased by 150 percent, while Fannie Mae business reached $700 billion in volume.
Affordable-housing financing hit $800 million, a 44 percent rise from 2012.
Overall last year, Oak Grove Capital closed loans in 46 states and serviced a portfolio of about $9 billion.
