Sponsors looking for a Phoenix commercial mortgage broker usually need the loan placed, not a directory listing. Capital Market Funds LLC is that desk. Craig Hoebing, managing member, covers Phoenix, Tempe, Chandler, Scottsdale, and the rest of Maricopa County. The office is in Scottsdale. We do not borrow a Phoenix street address.
The capital is someone else’s. We originate Fannie Mae and Freddie Mac for multifamily that belongs there, HUD/FHA where term and leverage justify the process, life company for core cash flow, CMBS when proceeds need to stretch, banks and credit unions for a portfolio hold, and bridge or private credit when the business plan is still in motion.
The Phoenix tombstones are Harvard Court multifamily and a dual-tenant industrial building. Chandler, Tempe, and Scottsdale closings stay on those city pages and on the Maricopa County page. Prior-firm originations are labeled as originations.
How the capital is shopped
- Fannie Mae
Stabilized conventional multifamily in the Valley, originated to Fannie Mae. Not a DUS claim.
- Freddie Mac
Optigo execution for conventional, targeted, and value-add multifamily. We are not the seller/servicer.
- HUD / FHA
223(f), 221(d)(4), and 232 when the asset can live with the HUD process.
- Life Company
Permanent debt for core industrial, multifamily, retail, and select office. Lock is typically at application.
- CMBS
Conduit or single-asset when life company or bank credit will not stretch.
- Bank
Portfolio hold, including credit unions, when the relationship is the point.
- Bridge & Private
Transitional and time-sensitive Maricopa assets, with a takeout in mind.