Caffrey & Company Team
Michael J. Caffrey
As the President, CEO and the founding member of Caffrey & Company, Mr. Caffrey brings over 25 years of unique lending experience to his clients.
Joe Neuerburg
Senior Vice President. Mr. Neuerburg brings fifteen years commercial real estate lending experience to Caffrey & Company.
Bill Null
Vice President. Mr. Null brings his extensive real estate and lending knowledge to the Florida office of Caffrey & Company.
Helen Stoll
Vice President. Ms. Stoll has an extensive background in lending, primarily in commercial real estate financing.
As the President, CEO and founding member of Caffrey & Company, Mr. Caffrey brings over 25 years of unique lending experience to his clients.
Prior to Caffrey & Company, Mr. Caffrey was a founding principal of National Realty Funding L.C. There, Mr. Caffrey played a major role in the development of this Kansas City based, nationally recognized leader in the Commercial Mortgage Backed Securities (“CMBS”) industry. National Realty Funding was established in the spring of 1997 and focused on the origination and servicing of long term fixed rate and short term floating rate bridge loans on commercial real estate throughout the United States. Mr. Caffrey played a key role in product design, implementation of policies, training, and direct interaction with the major public rating agencies and secondary bond market buyers. National Realty Funding serviced over $3.6 billion in commercial real estate loans. They had offices in Jersey City, New Jersey; Chicago, Illinois; San Francisco, California and a Home Office based in Kansas City. The company originated over $3.5 billion in commercial real estate loans. In early 2000, National Realty Funding completed the sale of the loan servicing and loan origination platforms to Key Bank, a publicly traded, multi-billion dollar bank based in Cleveland, Ohio.
Prior to establishing National Realty Funding, Mr. Caffrey was Senior Underwriter for Midland Loan Services where he was instrumental in the formation of Midland Commercial Funding’s lending unit for the delivery of CMBS products. Once again, Midland was considered one of the nation's industry leaders.
Previous to entering the CMBS arena, Caffrey had decades of experience in a variety of management and loan origination positions from Senior Lending Officer to President and CEO of Kansas City area banks such as Shawnee State Bank, First National Bank, Merchants Bank, Mark Twain Bank and Key Bank. He has found that the commercial real estate lending experience gained from Kansas City commercial banks, as well as the formation of two multi-billion dollar CMBS businesses provides a unique perspective for his Mortgage Banking clients.
Joe Neuerburg, Senior Vice President
Mr. Neuerburg has nearly 15 years experience in various aspects of commercial real estate, primarily as a lender. His experience includes nearly eight years in the commercial mortgage loan originations for the Commercial Mortgage Backed Securities ("conduit") market as an underwriter for PNC (Midland) Real Estate Finance and KeyBank Real Estate Capital. In this capacity, Joe underwrote over $500 million in real estate loans across the United States.
Additionally, Mr. Neuerburg brings five years in commercial real estate lending where he most recently had the title of Vice President Commercial Real Estate Finance with a $5 billion Midwestern based banking company. In this role, he originated land, development, construction, and bridge loans throughout the country. In the past three years, Mr. Neuerburg originated over $500 million in commercial real estate loans through Bank Midwest.
Overall, Joe has been involved in various commercial real estate loans totaling over $1 billion. In addition to his lending experience, he has also been involved in property management overseeing several thousand mulit-family units throughout the Midwest.
Bill Null, Vice President
Mr. Null is licensed as a Realtor and Mortgage Broker in Florida. The past 7 years Bill has been active as a Commercial Realtor, and Commercial and Residential Mortgage Broker in S.W. Florida.
Bill was previously the National Production Manager for BankUnited, FSB, the largest Savings and Loan in Florida. Before joining BankUnited Bill was the Chief Lending Officer and Chief Operating Officer for Sterling National Bank in Kansas City, Missouri. While in Kansas City, Bill opened Loan Production Offices in Phoenix, AZ and Irvine, CA where the bank produced in excess of $80,000,000 per month in both residential and commercial real estate volumes.
Before going to Kansas City Bill spent nearly 10 years with Barnett Bank in SW Florida. While with Barnett Bill originated and managed residential and commercial real estate portfolios in excess of $400,000,000 as an Executive Officer.
With more than 15 years experience in the SW Florida market and nearly 25 years experience in the mortgage industry Bill is more than able to provide customers of Caffrey and Company the expertise they deserve.
Ms. Stoll has an extensive background in lending, primarily in commercial real estate financing. She began her lending career with The Merchants Bank of Kansas City, Missouri. During the eleven years she was a Vice President with the bank she originated and serviced a large portfolio of real estate loans that included all property types throughout the United States. She also has experience in commercial and consumer lending, including asset based finance. She subsequently was employed by Mercantile Bank of Kansas City, (now US Bank), in the same capacity.
Current Rates (05/09/2008)
- Apartments 6.00%
- Mobile Home Park 6.10%
- Anchored Retail 6.25%
- Non-Anchored Center 6.25%
- Single Tenant Retail 6.25%
- Office 6.25%
- Industrial / Flex 6.25%
- Self-Storage 6.55%
- Medical Office 5.90%
- Hotel 6.75%
Rates are based on a $2 million loan, 30 year amortization, 10-year fixed rate term.
Current News
Economy: Atypical Recession - Atypical Recovery
The current recession (whether labeled as such by the NABE) started differently than most. This makes it likely that it will end differently than most. (more in rates and news)