Mitch Clarfield

Newmark Vice Chairman Mitch Clarfield is a 38-year industry veteran and one of the most prolific originators in the business. Since establishing Newmark’s Santa Monica office in 2001, he has grown the office to over 17 employees with average annual debt originations of over $1.8 billion. He is joined by Senior Managing Director Josh Braceros, Managing Director Meghan Varga and Assistant Vice President’s Garrett Swanky and Alec Newman.

Historically, the team’s production was weighed heavily towards Fannie Mae and Freddie Mac. But as the lending landscape in 2021 shifted, the team quickly pivoted to ensure their clients received the best possible execution. This resulted in alternative capital market executions (bank, life company and debt fund) to finance almost $900 million in multifamily debt. Overall, the team has originated over $20 billion in multifamily loans.

Clarfield and the team are preeminent experts in highly structured, multi-asset, multi-tranche structured transactions having completed over $7.4 billion in structured credit facility transactions, continually breaking barriers through innovation. In addition, the team originated several agency and non-agency loans in 2021 on properties with existing and newly structured Safehold ground leases.

Clarfield also created and runs Newmark’s analyst training program which was originally based in the Santa Monica and Newport Beach offices but is now deployed firm wide. The goal of the program is to mine top young talent and through rigorous and comprehensive training, to ensure significant knowledge of multifamily real estate lending which will position them for growth industry growth.

These are some of the reasons we selected Clarfield for inclusion in the Connect CRE Top Mortgage Brokers and Lenders Awards. These awards recognize industry professionals who have demonstrated the highest standards in commercial real estate finance.