Reports from GlobeSt.com show that the Bethesda, Md.-based multifamily lender Green Park Financial has opened a new office in Baltimore. Patrick Boyle, the assistant vice president of the production group, says he expects the Baltimore office to close between $200 million over the next year.

The office has over $80 million in pending deals that are expected go through. Boyle is currently working on funding acquisitions and transactions in New York that total more than $40 million and two smaller deals in suburban Chicago totaling $15 million.

Similarly to the Bethesda office, Green Park’s Baltimore operations will originate loans nationally. As part of Green Park’s expansion outline, the company looks to build a portfolio of businesses in the senior, student and manufactured housing categories.

Afro Staff