CFG Bank Launches CFG Mortgage Partners, Appoints Dan Sacks to Lead New Initiative

BALTIMORE — CFG Bank, servicing the nationwide healthcare and multifamily financing industries as well as the Mid-Atlantic commercial banking market, has launched CFG Mortgage Partners, a group dedicated to customized multifamily debt products. CFG Mortgage Partners will focus on providing capital solutions to meet the needs of multifamily owners, developers and investors across the country. The new business will expand on CFG’s real estate and corporate banking options, including agency, HUD and Commercial Mortgage-Backed Securities (CMBS) lending services. CFG has appointed Dan Sacks managing partner of CFG Mortgage Partners. Based in New York, Sacks will oversee strategy, growth and client advisory across the platform. Sacks joins CFG following a 12-year career at Greystone, where he served as senior managing director. During his tenure, he oversaw the production of approximately $20 billion in multifamily loan volume.