Capital One Bank, a subsidiary of Capital One Financial Corp., has introduced Capital One Multifamily Finance, a commercial real estate organization that combines Capital One's balance sheet and agency lending groups into a single entity.
The announcement marks the next stage in Capital One's integration of Beech Street Capital, the agency originator and servicer acquired by the company in November.
Capital One Multifamily Finance also offers its expanded client base the capabilities of the company's commercial banking group in related asset classes and in services such as treasury management.
The company says this will set the stage for expanding its balance sheet financing to the West Coast and other regions.