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March 22, 2012
Enterprise and Bellwether Capital
Enterprise Community Investment's Multifamily Mortgage Finance business has merged with Bellwether Real Estate Capital. The new firm, Bellwether Enterprise, will be headquartered in Cleveland, with originators in 13 cities including Seattle. The merger moves Enterprise into commercial real estate, expanding beyond affordable multi-family and community building finance. Enterprise has invested $11 billion nationwide in 300,000 affordable homes. With a portfolio exceeding $4.2 billion and offices in the Midwest and Southeast, Bellwether provided loans for investment real estate.