The community development financial institution will leverage McCracken’s web-based automation to improve operational efficiency while reducing risk
BOSTON, MA., April 4th 2022 — McCracken Financial Solutions announced today that the Lansing, Michigan-based Cinnaire has selected their STRATEGY software for its commercial real estate portfolio management.
A priority for Cinnaire in selecting a new CRE portfolio management system throughout an extensive search process was to improve automation and help mitigate operational risk across their portfolio. McCracken will also be collaborating with Cinnaire and to build out additional Risk Rating functionality to increase user efficiency, reduce potential human error, while improving reporting capabilities.
Cinnaire is a community development financial institution (CDFI) and a designated Fannie Mae Affordable Lender. They help community development organizations, lending partners, and socially motivated investors accomplish goals in underserved communities by filling gaps in community development funding, leveraging capital from public and private sector organizations, and bringing expertise to communities that need it most.
“We always like collaborating with mission-driven organizations like Cinnaire, who have a top-notch team in place. Our STRATEGY portfolio management and automation features will certainly help improve their operation in many ways. It’s the beginnings of a great relationship.” said Frank McCracken, President, McCracken Financial Solutions.
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 CRE loan management solution with over 180,000 loans totaling nearly $2 trillion dollars.
