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.”