Merchants Capital Opens New Office in Washington D.C.
Mortgage banking company Merchants Capital has launched a new office in Washington D.C., the company’s fifth office nationwide.
Located at 505 9th St. NW, just blocks from the Capitol, the new office will serve as a hub for nearly a dozen team members and will be led by Dwayne George, executive vice president and national head of production. George is joined by Denise Gomez Oluwo, senior vice president of government-sponsored enterprise (GSE) underwriting and Bianca Geary, head of GSE closings. The new space will be the center of Merchants Capital’s GSE platform. The office serves as part of the company’s strategy to expand its national lending footprint while accommodating current and long-term growth on the East Coast.
“We are excited to be positioned in downtown Washington, D.C., as it is a natural fit for the firm to be in close proximity to Fannie Mae, Freddie Mac, the Department of Housing and Urban Development (HUD), and other landmark institutions that support affordable multifamily housing across the nation,” said George. “Attracting local talent and building a solid team here will be crucial to our success, as we develop a standing presence, continue to grow our platform and foster longstanding client relationships in this core market.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.