Summit Real Estate Advisors Inc.
is a New York-based commercial real estate mortgage brokerage firm founded and led by Gregory J. Porter. Gregory previously had an extensive 20-year commercial real estate lending career working for various national lending platforms, serving as former Director and Senior Underwriter for Deutsche Bank, AG, former Vice President and Senior Underwriter for JPMorgan, and former Director and Chief Underwriter of Barclays PLC with a $100.0 million funding signature authority.
Over the course of his lending career, Gregory
has closed over $4.0Bn in commercial real estate mortgages and has significant experience in both stabilized, fixed-rate loans as well as land, construction, and value-add bridge loans. Gregory has experience in financing multifamily properties, manufactured housing communities, retail, office, and industrial properties, as well as full-service and select-service hotels. Gregory also has extensive experience in financing self-storage properties and is a regular contributor to Inside Self Storage Magazine, CCIM’s CIRE Magazine, and was awarded as one of Institutional Investor News’ 20 Rising Stars of Real Estate in 2008.
Summit was formed based on the realization
that most commercial real estate mortgage brokerage firms do not provide their clients with mortgage debt professionals that have former lending experience. The experience gained from working at institutional lending platforms not only provides an intermediary greater insight into how lenders behave at different stages of the lending process but also during various circumstances and ultimately represents the most effective requirement in achieving successful outcomes for their clients - competency. In addition, former lending professionals’ have completed significant compliance and ethical training required by federal and state banking laws, which Summit believes is a paramount requirement for financial intermediary professionals.
Lastly, while other mortgage brokerage firms only focus
on institutional clients or have minimal loan size requirements, Summit is dedicated to providing all eligible borrowers access to institutional loan products, which are available starting at $2.0 million. Summit specializes in helping first-time CMBS and Fannie Mae/Freddie Mac borrowers navigate through the closing process seamlessly by providing clear and easily digestible explanations every step of the way. We cordially invite you to contact us and experience where institutional experience and Main Street culture meet.