MASON
McDUFFIE
FINANCIAL
CORPORATION
an INTERVEST affiliate
continuing a tradition since 1887
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In 2006, Mason-McDuffie Financial Corporation joined the INTERVEST-Mortgage
Investment Company family of commercial mortgage bankers. We are very proud to be part of this
dynamic organization.
Portland Denver Orange
County Phoenix Seattle Sacramento San
Francisco Bay Area Spokane |
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THE
INTERVEST STORY INTERVEST-Mortgage
Investment Co. was formed in 1987.
INTERVEST is a commercial mortgage banking firm wholly owned by Sterling Savings Bank, an $8+
billion bank headquartered in Spokane, Washington. INTERVEST is headquartered in Oregon and has production
offices in Washington, California, Arizona, and Colorado.
INTERVEST finances commercial
real estate exclusively, providing construction financing, interim financing
and arranging long term permanent financing with financial institutions such
as insurance companies and conduits. INTERVEST operates
independently from Sterling Bank in that 90% of our business is sourced
directly. On the other hand, we have
access to the bank’s capital and are currently administering approximately $1
billion of loans funded for our own portfolio. In addition, we are administering over $1 billion of loans for
other financial institutions. In 2005, INTERVEST originated
and closed $1.6 billion in loans.
This included $675 million in construction financing, $400 million in
conduit financing, $210 million in life insurance financing, $290 million in
portfolio interim financing and $35 million of brokered financing. The average loan amount was $6.5
million. Our production level for
2006 is slightly exceeding the pace of last year. We are a full service
commercial mortgage banking company.
We analyze our clients’ financing requests and provide alternatives to
best suit the needs of the borrower.
One or more of those alternatives may be funded by our own portfolio. As part of our growth
strategy, we have acquired two regional mortgage banking firms with
established, long term relationships with life insurance companies. Life insurance companies typically provide
very competitive permanent financing for commercial and multifamily real
estate. In the Northwest, as
INTERVEST-Mortgage Investment Company and through Peter W. Wong Associates, we have
correspondent agreements with Thrivent (Lutheran Brotherhood/Aid Association
for Lutherans), Symetra (SAFECO), Genworth (GNA), Assurant (Fortis), Advantus
(Minnesota Life), StanCorp (Standard Insurance), Sun Life, Great West
Life/Canada Life and American Fidelity.
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© 2007 Mason-McDuffie Financial Corporation, an affiliate of INTERVEST-Mortgage
Investment Co.
all rights reserved
Last modified: October 25,
2007