Mr. Berman is a founder, principal, and member of the Board of Managers of CWFS, and serves as the President of CWCapital. Mr. Berman joined CW’s predecessor company in 1985. He oversees strategic planning and operations for all of the Company’s loan programs: Fannie Mae, Freddie Mac, FHA, conduit, bridge, mezzanine, and balance sheet whole loans. In addition, Mr. Berman provides strategic input for the Company’s vertical integration business plan, as he serves on the Boards of CW Financial Services, CWCapital Investments and CWCapital Asset Management. Under Mr. Berman’s direction, CWCapital first entered the national lending business in 1991. Since then, loan production has grown from $100 million in 1991 to $2.8 billion in 2007. CWCapital services all loans which it originates, currently servicing a portfolio of over $9.4 billion in 48 states.
Mr. Berman is Vice Chair Elect of the Mortgage Banker's Association (MBA) and has served served on the Board of the MBA (2006-2008), the Fannie Mae DUS Advisory Council (2006-2008), the MBA Council to Shape Change (2005-2006), and the Board of the National MultiHousing Council (1995-2008). Since 1990, Mr. Berman has been an active speaker on multifamily and commercial real estate finance.
From 1987-1997, Mr. Berman served on the Executive Committee of the KP/Wingate Insured Mortgage Funds (1987-1997), a series of public funds sponsored by a predecessor of CWCapital to invest in mezzanine and participating first mortgage positions. Prior to joining CWCapital, Mr. Berman practiced law in the Boston and San Francisco offices of a large national law firm. Mr. Berman earned a Bachelor of Arts from Harvard University and a Juris Doctor from the University of Pennsylvania Law School.