Hitting the ground lending: Bond street capital is a brand-new company with 30 branches nationwide ready to do any kind of deal. First union CMBS alumni Barry Reiner is at the wheel of the new firm.

Mortgage Banking › Vol. 62 Nbr. 4, January 2002 ›

Author: Bergsman, Steve

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Hitting the ground lending: Bond street capital is a brand-new company with 30 branches nationwide ready to do any kind of deal. First union CMBS alumni Barry Reiner is at the wheel of the new firm.

IT'S OCTOBER IN LAS VEGAS, AND BARRY

Reiner is holding his first corporate conference. His company is so new, Reiner doesn't really know the names of everyone yet. But that stands to reason. Reiner had put together New York-based Bond Street Capital so fast that even he wasn't sure how it all got accomplished.

In January 2001, Reiner left the employ of First Union Corporation, Charlotte, North Carolina. Three months later he was putting together the concept for Bond Street, and by July he officially got the new enterprise under way. The meeting in October, which was the launch of the company, wasn't supposed to happen until 2002. Sometime over the previous months, Reiner put together a staff of 10 people, including two experienced financial professionals for the positions of executive vice president and managing director; established offices in New York and Los Angeles; found capital sources; an...

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