Key Bank Real Estate Capital Overview

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Key Bank Real Estate Capital is a leading provider of commercial mortgage banking services. They specialize in originating and servicing commercial mortgages, commercial real estate loans, and other real estate-related financial products.

Key Bank Real Estate Capital has a strong presence in the US, with a nationwide network of loan production offices. This allows them to serve clients across the country.

Their experienced team of professionals has a deep understanding of the commercial real estate market, which enables them to provide expert guidance and support to their clients.

KeyBank Leadership

Dan Heberle, a seasoned banking executive with over 30 years of experience, has been promoted to president of KeyBank Real Estate Capital in Cleveland. He reports to Randy Paine, President of Key Institutional Bank.

Heberle leads a team of over 900 professionals providing advice and capital solutions for commercial and residential real estate. KeyBank Real Estate Capital is the nation's third-largest and highly rated commercial mortgage servicer, with a servicing portfolio of nearly $650 billion at the end of 2022.

Credit: youtube.com, Connect with Tom Wight, Vice President, Mortgage Banking, KeyBank Real Estate Capital | Episode 135

Steven Stowers, a senior banker with over 20 years of commercial real estate finance experience, has joined KeyBank Real Estate Capital in the Northeast region. He is based in New York City and reports to Alan Isenstadt, who leads the New York City and Philadelphia teams for KeyBank Real Estate Capital's Income Property Group.

Cleveland Names New President

Dan Heberle has been promoted to president of KeyBank Real Estate Capital in Cleveland, bringing over 30 years of industry experience to the role.

He succeeds Angela Mago, who led the business since 2014 and was recently appointed to KeyCorp's Chief Human Resources Officer.

Heberle reports to Randy Paine, President of Key Institutional Bank.

As President of KeyBank Real Estate Capital, Heberle is responsible for Key's real estate finance and community development and investment businesses.

He leads a team of over 900 professionals providing advice and capital solutions for commercial and residential real estate.

Credit: youtube.com, Management Lecture Series - Lisa Oliver, President Greater Cleveland District, KeyBank

KeyBank Real Estate Capital is also the nation's third-largest and highly rated commercial mortgage servicer.

The company has a servicing portfolio of nearly $650 billion at the end of 2022.

Heberle previously served as head of KeyBank's Institutional Capital Group, managing a $15 billion institutional real estate portfolio and leading 60 professionals nationally.

He joined KeyBank in 1998 as a relationship manager with KeyBank's REIT Group.

Dan Heberle is uniquely qualified to lead KeyBank Real Estate Capital, with a wealth of experience and a proven track record of leadership.

He has earned the respect of his peers in the industry for his expertise and leadership.

KeyBank Real Estate Capital's specialties include multifamily mortgage lending, commercial mortgage production, income property group, community development lending & investment, loan servicing & asset management, institutional REITs & funds, and healthcare real estate.

Curious to learn more? Check out: Commercial Real Estate Mortgage Broker

Names Banker for Northeast

KeyBank Real Estate Capital has appointed Steven Stowers to a senior banker position in the Northeast region. He's based in the firm's New York City office and reports to Alan Isenstadt, who leads the New York City and Philadelphia teams for KeyBank Real Estate Capital's Income Property Group.

Real estate agent discussing paperwork with a client in a bright, modern office setting.
Credit: pexels.com, Real estate agent discussing paperwork with a client in a bright, modern office setting.

Steven has over 20 years of commercial real estate finance experience. He was previously a VP in construction and commercial real estate lending at Kearny Bank, covering New York City and Philadelphia.

Stowers will advise private owners and investors of commercial real estate based in the Northeast. His industry relationships and expertise will be a valuable asset to the team.

Alan Isenstadt says Stowers has a proven track record and depth-of-market expertise, making him a great addition to the team.

KeyBank in Capital Markets

KeyBank is a major player in capital markets, offering a range of products and services to help clients achieve their financial goals.

KeyBank has a dedicated team of professionals who provide expertise in areas such as investment banking, capital markets, and corporate finance, with a focus on serving the needs of middle market clients.

With a strong presence in the Midwest, KeyBank has a deep understanding of the regional economy and is well-positioned to help clients navigate the complexities of capital markets.

KeyBank in Capital

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KeyBank Real Estate Capital offers a range of services for commercial and multifamily real estate owners and investors, including interim and construction finance, permanent mortgages, and commercial real estate loan servicing.

Their professionals are located across the country and provide a fully integrated commercial and multifamily real estate finance platform.

As a Fannie Mae Delegated Underwriter and Servicer, Freddie Mac Program Plus Seller/Servicer, and FHA approved mortgagee, KeyBank Real Estate Capital has a wide range of financing options available.

KeyBank has strengthened its commercial mortgage group in Boston by hiring a senior mortgage banker with 20 years of industry experience.

Jonathan Wood, the newly appointed senior mortgage banker, specializes in multifamily lending in the northeast region and will report directly to Dirk Falardeau, regional manager of KeyBank's Commercial Mortgage Group.

Wood's extensive career includes time spent at Lument, Capital One, and Deutsche Bank Berkshire Mortgage, where he built a strong reputation in the real estate finance sector.

Credit: youtube.com, KeyBanc Capital Markets

As KeyBank continues to expand its platform, Wood's experience and relationships will be a valuable asset to their team and clients.

Wood's appointment comes at a time when KeyBank is actively expanding its reach in the commercial and multifamily lending sector, with the firm bringing in Tom Wight as VP of mortgage banking for its commercial mortgage group in Northern California earlier this year.

What is Revenue in Capital?

Revenue in capital is a crucial metric that indicates the financial performance of a company or organization. KeyBank's real estate capital division generates a significant amount of revenue, ranging from $501 million to $1 billion.

This revenue range gives us an idea of the scale of KeyBank's operations in the capital markets. KeyBank's real estate capital division is a major player in the industry, with substantial financial resources at its disposal.

The revenue generated by KeyBank's real estate capital division is a key factor in determining the company's overall financial health. This revenue range suggests that KeyBank's real estate capital division is a significant contributor to the company's bottom line.

Bank Specialties and Services

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Key Bank Real Estate Capital offers a wide range of specialties and services that cater to diverse real estate needs.

They specialize in multifamily mortgage lending, providing financing solutions for apartment buildings and other residential properties.

Their commercial mortgage production team helps clients secure loans for various commercial properties, such as office buildings and retail spaces.

Key Bank's Income Property Group focuses on lending and servicing for income-generating properties, like rental apartments and office buildings.

They also provide community development lending and investment, supporting projects that promote economic growth and community development.

Key Bank's Loan Servicing & Asset Management team ensures that clients' loans are serviced efficiently and their assets are managed effectively.

Institutional REITs and funds can tap into Key Bank's expertise and resources for their real estate investment needs.

Healthcare real estate is another area where Key Bank offers specialized services, providing financing and other solutions for medical facilities and related properties.

Expand your knowledge: Owner Financing in Real Estate

Company Overview

Key Bank Real Estate Capital is a leading provider of commercial mortgage banking services, offering a wide range of loan products to meet the diverse needs of its clients.

Credit: youtube.com, Company Profile: KeyCorp. (NYSE:KEY)

The company has a long history of providing innovative financing solutions, dating back to the 1960s when it began originating commercial mortgage loans.

Key Bank Real Estate Capital has a strong presence in the market, with a team of experienced professionals who have a deep understanding of the commercial real estate industry.

The company's loan portfolio includes a mix of fixed-rate and floating-rate loans, as well as construction loans and mezzanine financing.

Key Bank Real Estate Capital is committed to providing exceptional customer service, with a focus on building long-term relationships with its clients.

The company's expertise in commercial mortgage banking has earned it a reputation as a trusted advisor to its clients, who value its ability to provide creative financing solutions.

Key Bank Real Estate Capital has a strong track record of delivering results for its clients, with a high level of repeat business and referrals.

Frequently Asked Questions

Is KeyBank financially stable?

KeyBank's financial stability has been downgraded by Fitch Ratings to 'BBB+', indicating a moderate credit risk. However, the Stable Rating Outlook suggests that KeyBank's financial situation is not expected to worsen in the near future.

How big is KeyBank assets?

KeyBank's assets total approximately $186.3 billion as of December 31, 2021, making it one of the nation's largest bank-based financial services companies.

Krystal Bogisich

Lead Writer

Krystal Bogisich is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for storytelling, she has established herself as a versatile writer capable of tackling a wide range of topics. Her expertise spans multiple industries, including finance, where she has developed a particular interest in actuarial careers.

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