Atlantic Canada Real Estate Finance Stalwarts, Equity Mortgage Corporation join CBRE Canada

Move expands CBRE’s Debt and Structured Finance presence into Atlantic Canada

​Halifax, NS – September 12, 2017 – The team behind Equity Mortgage Corporation has joined CBRE, the worlds largest commercial real estate professional services firm. The team, led by President, Glenn Umlah, are stalwarts of the Atlantic Canada real estate finance industry, and the move establishes a Debt and Structured Finance presence for CBRE Canada in the region. The team will be based in CBRE’s Halifax office and work extensively across Atlantic Canada.

“It’s a real statement of strength and of our commitment to the Atlantic Canada marketplace to bring such a respected team as Equity Mortgage Corporation to CBRE. By bringing the team on board, not only do we expand our national Debt and Structured Finance group into Atlantic Canada, our clients will also benefit from the team’s highly specialized CMHC lending capabilities. CMHC lending is especially relevant and sought-after in the Atlantic Canada marketplace, given the importance of the purpose-built rental apartment market in the region,” commented Bob Mussett, Senior Managing Director of CBRE in Atlantic Canada.

Established in 1990, Equity Mortgage Corporation has a long track record of providing real estate financing solutions to clients in Atlantic Canada. It is a market leader in the specialist field of CMHC insured multi-residential financing. This type of lending allows developers to finance the construction of multi-family rental apartments on attractive terms to aid in the development of this critical component of the housing market. Led by Glenn Umlah, the senior team also includes Matthew Pendlebury, Vice President, and Geoffrey Umlah, Underwriter. 

Glenn Umlah, President of Equity Mortgage Corporation commented, “Our team is delighted to be joining CBRE. By being part of a truly global platform, which comprises 22 offices in Canada alone, we believe we can enhance our sources of capital funding by leveraging CBRE’s relationships with institutional investors across the globe. This will help to better serve our clients and bring new sources of capital to the Atlantic Canada market as a whole.”

Mussett added, “Glenn and team are a natural fit for CBRE. We have a like-minded approach in our focus on client service, we already share a number of the same clients and we have been admirers of their work for a number of years. We see great potential to grow and expand the team’s CHMC lending services to other markets in Canada, particularly those where purpose-built rental apartments are also prevalent.”


About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through about 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com

In Canada, CBRE Limited employs over 2,000 people in 22 locations from coast to coast. Please visit our website at www.cbre.ca


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