Commercial real estate finance veterans Kristen Croxton, Greg Reed, Andrew Kwok and Tina Quirin have launched Arcus Harbor Real Estate Capital, headquartered in Newport Beach. The new firm’s principals have worked together closely at Capital One, Beech Street Capital, and Deutsche Bank Berkshire Mortgage for the past two decades and bring extensive experience on both the production and credit sides of the industry.

“At larger companies, it’s inherently difficult to maintain the kind of unwavering focus that clients deserve,” said Croxton. “By creating Arcus Harbor, we can devote our full attention to building client relationships, structuring innovative financing solutions, and concentrating on swift and reliable execution.”

Reed and Croxton were Capital One’s leading agency production team for many years during their 13-year tenure and won Fannie Mae’s Rainmaker Award. Kwok has spent his 18-year career directly involved in originating, structuring and underwriting billions of financing transactions, and Quirin served as a chief underwriter for Capital One prior to moving to production in 2022. Altogether, they have originated more than $20 billion in commercial real estate transactions, primarily Fannie Mae, Freddie Mac and FHA loans, with a strong emphasis in the western states.

To ensure direct access to agency debt, Arcus Harbor recently signed an exclusive correspondent relationship with Lument, a Fannie Mae DUS, Freddie Mac Optigo and HUD/FHA MAP and LEAN lender. Arcus Harbor will refer all Fannie, Freddie and FHA loans it originates to Lument for underwriting, processing and closing. Lument will also provide balance sheet and non-agency loans for Arcus Harbor originations.