David Casden Joins Capital Funding Group (CFG) as Vice President of Capital Markets Distribution
Capital Funding Group (CFG), a leader in the healthcare and multifamily financing industries, today announced the addition of David Casden as Vice President of Capital Markets Distribution to its team. Formerly Managing Director of Sales & Trading/Pricing at Lument Real Estate Capital – Lument Securities, Casden brings nearly two decades of experience to CFG.
Casden joins the CFG team to lead the augmentation of loan distribution efforts, with a primary focus on establishing capital markets relationships and implementing structured distribution vehicles to complement the company’s existing loan syndication efforts. He will work closely with the loan origination teams to inform them of market feedback to support the growth of CFG’s HUD and Agency business lines.
“David is an exceptional addition to CFG, and we are excited to have him join the team,” said Tim Eberhardt, CFG Bank Chief Lending Officer, Bridge and HUD Loans. “His track record of success and industry expertise, combined with a deep understanding of market dynamics, will be instrumental as we continue to grow our business as the original one-stop shop for the healthcare and multifamily industries. David’s expertise will deliver immediate value to our clients and further our position as the leading finance partner for the industries.”
In his prior role as Managing Director at Lument Real Estate Capital– Lument Securities, Casden directed the pricing, trading, and financing of commercial real estate loans, Agency mortgage-backed securities, and CMBS transactions, including fixed-rate and floating-rate debt for new development, acquisitions, and refinances. His team orchestrated $7.5 billion in average annual commercial mortgage-backed securities and loan trading volume with over 650 annual transactions. Casden expanded pipeline revenue nearly 100% with significantly high profit margins and grew the third-party investor base by over eight times.
Casden holds a Bachelor of Science in Finance from Yeshiva University, Sy Syms School of Business.
About CFG (www.capfundinc.com)
CFG is a full-service provider of comprehensive financing solutions for the national healthcare industry, focusing on the long-term care, assisted living and hospital sectors, and multifamily industry. Headquartered in Baltimore, Maryland, CFG is known as a one-stop shop, with expertise in HUD loans, bridge lending, mezzanine financing, working capital loans and commercial banking services through the CFG family of companies.
About CFG Bank
CFG Bank, headquartered in Baltimore, Maryland, provides flexible financing and online banking solutions to the national healthcare and multifamily markets and the Mid-Atlantic region. CFG Bank is the 6th largest bank in the Baltimore area based on deposits and the largest that is based in Baltimore. CFG Bank has grown from $1 billion in assets at the end of 2019 to over $5 billion in assets at the end of 2023 and is among the five largest and most experienced healthcare bridge-to-HUD lenders in the country, serving its clients and helping them grow for over 30 years. CFG Bank transforms the banking experience by delivering big bank capabilities and expertise, coupled with relationship-driven boutique bank service. CFG Bank has branches in Lutherville and Baltimore City, and a cashless branch in Annapolis. For more information, visit www.CFG.bank, and follow CFG Bank on LinkedIn, Facebook, Instagram and X.
About Capital Funding, LLC
Capital Funding, LLC, a subsidiary of CFG Bank, is the national leader in the FHA-insured mortgage industry, providing more than $6 billion in Section 232 mortgages nationwide. CFG Bank is an Equal Housing Lender. Member FDIC.
