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BridgeInvest Selects McCracken to Support Commercial Real Estate Servicing Operations

Miami private real estate lender will leverage McCracken’s STRATEGY solution to manage its commercial loan portfolio

BILLERICA, MA., Nov. 16, 2020 — McCracken Financial Solutions announced today that BridgeInvest has selected their STRATEGY solution to support servicing of its commercial real estate portfolio.

BridgeInvest is a Miami-based commercial real estate lender. A top priority was to upgrade their existing system and partner with a market-leading technology provider experienced in the commercial real estate/multifamily lending and servicing space. McCracken’s comprehensive solution, STRATEGY, will provide BridgeInvest with an automated and fully scalable end-to-end servicing platform that spans the entire lifecycle of a loan.

“BridgeInvest is committed to investing in technology that supports our growing commercial real estate business,” said Alex Horn, Managing Partner at BridgeInvest.  “We wanted a platform to help our team work more efficiently and improve our servicing operation as a whole. STRATEGY’s robust functionality will help us work smarter, not harder.”

“We are thrilled to partner with BridgeInvest now and into the future. STRATEGY will help them automate and improve their loan servicing operations as it has for our other customers” said Frank McCracken, President, McCracken Financial Solutions. “Despite the severity of the pandemic on the commercial lending industry we are still seeing increased demand for STRATEGY from lenders and servicers looking to advance their commercial servicing operations, especially those with complex portfolios and manual processes.”

About BridgeInvest

BridgeInvest is a leading private real estate lender focused on short-term financing for unique commercial and residential assets throughout the Southeast U.S. Since inception in 2011, BridgeInvest’s fully-integrated team has structured and managed each loan from origination to payoff, with a focus on risk-adjusted returns and capital preservation.

About McCracken Financial Solutions

McCracken has led the commercial lending and servicing industry for nearly three decades by providing software and services for banks, insurance companies, mortgage bankers, and quasi-government agencies. Our flagship solution, STRATEGY, is the commercial real estate industry’s most trusted and comprehensive servicing solution with over one hundred and eighty thousand loans totaling nearly $2 trillion dollars.

 

Additional information about McCracken is available at www.mccrackenfs.com

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SOURCE: McCracken

For press inquiries contact: anthony.villa@mccrackenfs.com

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