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MidwestCRE

Pillar expands Multifamily Loan Origination Team

Staff Writer April 5, 2017
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Pillar, an affiliate of Guggenheim Partners,  recently added three new hires to its multifamily loan origination team in the Pillar Chicago office and added new hires in Pillar’s Boca Raton, Florida and Washington, D.C. offices.

Adam K. Klingher, Managing Director, leads Pillar’s Chicago new hires, which include Joseph Markech and Lancelot Lie, both Directors. Gabe Seghi, Vice President, joins Pillar’s Boca Raton office, focusing primarily on the HUD space. Cullen O’Grady, Vice President, joins Pillar’s Washington office, focusing primarily on multifamily clients for Fannie Mae, Freddie Mac and HUD products.

Bringing depth and a broad range of combined experience in the market rate, affordable multifamily and healthcare facilities space, Pillar’s new hires will further its position as one of the leading providers of Fannie Mae, Freddie Mac, HUD, CMBS and life-company loans.

“With the addition of these five outstanding new hires, Pillar offers one of the most tenured multifamily loan origination teams in the country,” said Manny Brown, Co-Head of Origination. “Adam is the perfect fit to lead the Chicago-based team members. He comes to Pillar with a highly successful 25-year track-record in the multifamily and affordable housing lending industry, working for a number of major multifamily lenders, such as Freddie Mac, Washington Mutual Bank, CNA Insurance, Centerline Capital and GMAC Commercial Mortgage. During his career, Adam has been responsible for originating more than $10 billion in multifamily loans.”

Joseph Markech joins Pillar from Centerline’s Mortgage Banking Group. He comes to Pillar with 25-years of experience in commercial real estate lending and due diligence with multiple private institutions and government agencies, including Fannie Mae, Freddie Mac, HUD, life companies, CMBS and commercial banks.

Lancelot Lie comes to Pillar with more than 18-years of experience in commercial real estate and with an expertise in advising multifamily investors to optimize their debt financing needs.

Gabe Seghi joins Pillar from Housing and Healthcare Finance, where he was primarily responsible for originating HUD financing for multifamily properties and healthcare facilities across the country.

Cullen O’Grady joins Pillar from Vanguard Realty Group in Rockville, Maryland where he was Vice President of Investment Sales for more than five years. Prior to that position, he was a Senior Associate in the National Multi Housing Group at Marcus and Millichap.

All of the new team members will be responsible for representing Pillar’s full suite of products, including Fannie Mae, Freddie Mac, HUD, CMBS, life-company and balance sheet loans to clients across the country.

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