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The CBRE Lending Momentum Index declined in the fourth quarter of 2022 due to heightened market volatility amid higher interest rates

BWE Expands VA Team With Three New SVPs 

BWE, a commercial and multifamily mortgage banking company, has expanded its Norfolk, Virginia team with three senior vice president loan originators: Rad Davenport, Gary Beck, and Victor Pickett.  

The new team members, along with Bill Watson as vice president, bring expertise in working with various capital sources, including agency lending, life companies, CMBS, banks, and credit unions. The team joined BWE from Grandbridge Real Estate Capital. BWE acquired Phillips Realty Capital in 2022.  

“We’re thrilled to have Rad, Gary, Bill, and Victor join our team in Norfolk. Their experience building strong relationships with clients and securing financing for all property types will help further expand our presence in the Mid-Atlantic market,” said Todd Harrop, BWE’s national director of conventional production. 


Inside The Story

Victor Pickett

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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