Oak Grove Capital, a St. Paul, Minn.-based national provider of real estate financial services, was recently ranked as the sixth-largest affordable housing lender in the country by Affordable Housing Finance.
The ranking was calculated by original loan volume in 2014.
This is Oak Grove Capital’s fourth straight year in the top 10 and its highest ranking to date.
Tim Leonhard, managing director of Oak Grove Capital, said that the company’s achievement is especially significant because of its relatively small size.
“All of the companies ahead of us in the rankings are large money-center banks which count their employees in the tens of thousands,” said Leonhard in a written statement.
