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Ex-Freddie Mac CEO Brickman to Lead New Agency Lending Platform

  • Meridian Capital, Barings are teaming up for the joint venture
  • Freddie Mac veteran David Brickman exited earlier this month

Former Freddie Mac Chief Executive Officer David Brickman, who stepped down from his post this month, is taking the helm of a new agency-lending platform backed by mortgage brokerage Meridian Capital Group and investment firm Barings.

“We have a significant opportunity to create one of the leading lenders in the multifamily commercial real estate space,” Brickman said in an interview. “The combination of low interest rates and what is hopefully going to be a degree of recovery and stabilization in 2021 with the vaccine and additional stimulus should result in a strong year with more than $300 billion in total origination.”