Invest, Finance & Value
FHA Lending
CBRE’s dedicated FHA professionals offer extensive FHA financing expertise and product knowledge to provide efficient and effective financing delivery.

CBRE became a HUD-Approved Multifamily Lender in 2008. Since that time, we have successfully originated, underwritten, closed, and serviced more than $5.5 billion in multifamily and healthcare FHA-insured loans, financing over 47,000 housing units nationwide.
CBRE HMF, Inc., the FHA lending division, and a subsidiary of CBRE, is an approved GNMA seller/servicer. CBRE HMF, Inc. has extensive experience in commercial and affordable real estate financing. We have originated, underwritten, closed and serviced Low Income Housing Tax Credit (LIHTC), tax exempt bond, affordable, Section 8 and market rate transactions.
CBRE HMF, Inc. is an approved:
CBRE HMF, Inc., the FHA lending division, and a subsidiary of CBRE, is an approved GNMA seller/servicer. CBRE HMF, Inc. has extensive experience in commercial and affordable real estate financing. We have originated, underwritten, closed and serviced Low Income Housing Tax Credit (LIHTC), tax exempt bond, affordable, Section 8 and market rate transactions.
CBRE HMF, Inc. is an approved:
- FHA HUD MAP (Multifamily Accelerated Processing) Lender
- LEAN Lender (expedited healthcare processing)
- GNMA Issuer/Servicer
Products & Term Sheets
The team originates, funds and services FHA-insured long-term, fixed rate, non-recourse, fully amortizing loans. FHA-insured financing programs include integrated construction/permanent loans and permanent acquisition/refinance loans for multifamily, healthcare and senior housing properties nationwide.- Section 221(d)(4) & 220 – New Construction or Substantial Rehabilitation of Multifamily
- Section 223(a)7 – Multifamily Rental Housing (Streamline Refinance)
- Section 223(f) – Acquisition and Refinancing of Multifamily Properties
- Section 241(a) – Supplemental Loans for Repairs, Additions, or Improvements to HUD First Mortgage Properties
- Section 232/223(f) – Acquisition and Refinancing of Healthcare Properties
- Section 232 – Construction or Substantial Rehabilitation of Healthcare Properties
Nationwide Presence in All Five HUD Regions

Leadership
Scott Thurman
Senior Managing Director, Head of FHA Platform
Michelle L. Smee
Senior Vice President, FHA Chief Underwriter
Lisa Smith
Managing Director, Head of FHA/GNMA Portfolio
Regional Contacts
Loans are made or arranged pursuant to a California Finance Lenders Law license 603H999.