VIENNA, VA, June 12, 2008 -- Goldman Sachs Commercial Mortgage Capital has made a strategic investment in Bulls Capital Partners, LLC, a Fannie Mae Delegated Underwriting and Servicing (DUS®) lender specializing in multifamily housing loans.
Bulls previously ran a successful DUS lending operation, and has extensive commercial real estate experience with one of the world's leading real estate service providers.
About Goldman Sachs Commercial Mortgage Capital, L.P.
Goldman Sachs Commercial Mortgage Capital, L.P., a wholly-owned subsidiary of The Goldman Sachs Group Inc., is a leading full-service commercial mortgage lender, providing non-recourse, first mortgage and mezzanine financing for stabilized properties as well as for the renovation and lease-up of properties nationwide.
CONTACTS:
Bulls Capital Partners, LLC, Herman Bulls, President & CEO,
Herman.Bulls@BullsCapitalPartners.com, phone: (202)256-1814
Goldman Sachs & Co., Michael Duvally, Vice President, Michael.Duvally@GS.Com. phone: (212)902-2605
In addition to taking a minority interest in Bulls Capital Partners, Goldman Sachs Commercial Mortgage Capital will source loans to Bulls Capital Partners. Specific deal terms were not disclosed.
"Goldman Sachs Commercial Mortgage Capital's involvement in Bulls Capital Partners signals an expansion of our business at a time of great opportunity for the Fannie Mae DUS Program," said Herman Bulls, (top right photo) President and CEO of Bulls Capital Partners. "This venture clearly benefits clients of both firms."
Bulls Capital Partners, LLC is a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender that offers a full array of financing solutions to owners of multifamily property. Bulls Capital Partners' key capabilities under the DUS program include small loan solutions, affordable housing solutions, student housing, market-rate multifamily mortgages, and credit facilities, among other offerings.
About Bulls Capital Partners, LLC
Bulls Capital Partners, LLC is a joint venture of Goldman Sachs Commercial Mortgage Capital and Bulls Multifamily, LLC, a minority-controlled firm headed by President and CEO Herman Bulls.
"Goldman Sachs Commercial Mortgage Capital's involvement in Bulls Capital Partners signals an expansion of our business at a time of great opportunity for the Fannie Mae DUS Program," said Herman Bulls, (top right photo) President and CEO of Bulls Capital Partners. "This venture clearly benefits clients of both firms."
Bulls Capital Partners, LLC is a Fannie Mae-approved Delegated Underwriting and Servicing (DUS®) lender that offers a full array of financing solutions to owners of multifamily property. Bulls Capital Partners' key capabilities under the DUS program include small loan solutions, affordable housing solutions, student housing, market-rate multifamily mortgages, and credit facilities, among other offerings.
About Bulls Capital Partners, LLCBulls Capital Partners, LLC is a joint venture of Goldman Sachs Commercial Mortgage Capital and Bulls Multifamily, LLC, a minority-controlled firm headed by President and CEO Herman Bulls.
Bulls previously ran a successful DUS lending operation, and has extensive commercial real estate experience with one of the world's leading real estate service providers. Co-founding Bulls Capital Partners with Bulls is Mark Van Kirk, (top left photo) Chief Operating Officer. Van Kirk previously served as Director of Counterparty Risk at Fannie Mae.
Website: http://www.BullsCapitalPartners.com
Website: http://www.BullsCapitalPartners.com
About Goldman Sachs Commercial Mortgage Capital, L.P.
Goldman Sachs Commercial Mortgage Capital, L.P., a wholly-owned subsidiary of The Goldman Sachs Group Inc., is a leading full-service commercial mortgage lender, providing non-recourse, first mortgage and mezzanine financing for stabilized properties as well as for the renovation and lease-up of properties nationwide.
CONTACTS:
Bulls Capital Partners, LLC, Herman Bulls, President & CEO,
Herman.Bulls@BullsCapitalPartners.com, phone: (202)256-1814
Goldman Sachs & Co., Michael Duvally, Vice President, Michael.Duvally@GS.Com. phone: (212)902-2605
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