Multifamily/Commercial Industry Briefs, May 14, 2026
(Image courtesy of Markus Winkler via pexels.com)
CBRE Announces LevelUp, Expansion of Property Management Business
CBRE, Dallas, announced, in partnership with Meta Platforms, a new initiative called LevelUp. It’s a multiyear program to recruit and train thousands of fiber technicians to build Meta data centers throughout the U.S.
CBRE will establish and run multiple training sites, beginning summer 2026. The workers will be trained on how to install technical infrastructure, fiber-optic cables, network gear and other equipment.
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Additionally, CBRE announced the expansion of its asset management capabilities within its U.S. Property Management business. The expanded capabilities will optimize asset value across the investment lifecycle through comprehensive asset management, strategic oversight and best-in-class execution.
With that addition, Chris Doman will lead U.S. asset management services within the Property Management business, and Lisa Picard joins as senior advisor, with more than 30 years of experience developing, leading and managing real estate investments.
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Gantry Opens Texas Production Office
Gantry, San Francisco, has opened its first dedicated commercial mortgage production office in Texas.
Gantry Director Andrew Ferguson will be located in Austin as the firm’s dedicated local representation and will be responsible for originating new loans on behalf of clients.
Ferguson joined Gantry in 2022.
“Texas is one of the most active and diverse commercial real estate markets in the country, and I look forward to building on Gantry’s established track record in the state while expanding our presence from Austin,” said Ferguson. “While this marks the firm’s first physical location in Texas, Gantry brings decades of experience successfully financing commercial real estate across the state. We have continued to see strong demand from our correspondent relationships to deploy capital in Texas, and our now local presence positions us to better connect that capital with high-quality opportunities across the market.”
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Freddie Mac Multifamily Launches Conventional Small Product
Freddie Mac Multifamily, McLean, Va., announced the availability of an integrated, streamlined Conventional Small lending product under its core Conventional lending platform.
Loans under $10 million serve a critical role for the affordable housing ecosystem, especially for workforce housing.
Freddie Mac has financed $47 billion in over 17,000 small balance loans since 2015.
“After more than ten years of experience, we’ve learned what works and how to best support this section of the market,” said Meg McElgunn, vice president of production and sales for Freddie Mac Multifamily. “Aligning small loans with our conventional platform allows us to capitalize on efficiencies with use of the same documents, same policies and same teams, while still having the small loan expertise applied from teams who have worked on small loans in the past.”
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