Sponsors searching for a commercial mortgage in Arizona, or for Maricopa County specifically, usually want one person who can tell them which capital source fits. That is the work. Capital Market Funds LLC is a commercial mortgage banker in Scottsdale. Craig Hoebing originates the loan. The lender is Fannie Mae, Freddie Mac, a HUD-approved lender, a life company, a CMBS issuer, a bank or credit union, or a private bridge investor.
Maricopa County is the center of the practice: Phoenix, Scottsdale, Chandler, Tempe, Mesa, Gilbert, Glendale, Peoria, and Surprise. The rest of Arizona is the same stack when the file belongs here. The published firm closings are a 2026 Tucson multifamily life-company execution and a 2026 auto-repair closing with no city on the card. County originations from prior firms are indexed on the Maricopa page.
We are not a Fannie Mae DUS lender, not Freddie Mac, and not the life company. We do not publish a statewide production total. Term sheets come from the source that would hold or sell the loan, after the file is real.
How the capital is shopped
- Fannie Mae
Stabilized Arizona multifamily. Originated to Fannie Mae. Not a DUS lender.
- Freddie Mac
Optigo conventional, targeted, and value-add. We are not the seller/servicer.
- HUD / FHA
223(f), 221(d)(4), and 232 with a HUD-approved lender. Not MAP or LEAN approval.
- Life company
Permanent debt for core cash flow. Rate lock is typically at application.
- CMBS
Conduit or single-asset when life company or bank credit will not stretch.
- Bank and credit union
Portfolio hold when the relationship, not a securitization box, is the point.
- Bridge and private
Transitional capital sourced from private investors, with a takeout in mind.
- Permanent
Stabilized senior debt once the asset is a cash-flowing story.