San Diego, CA – February 6, 2013 – (RealEstateRama) — The Mortgage Bankers Association (MBA) today awarded Robert M. Stout, CRI, President and CEO of Q10 Capital, LLC, with the 2013 CREF Distinguished Service Award at the Association’s 23rd annual Commercial Real Estate Finance(CREF)/Multifamily Housing Convention & Expo held in San Diego, CA. The award was given to Stout in recognition of his dedication and service to MBA and the real estate finance industry.
“Bob Stout has dedicated his career to investing in communities and building a stronger, more robust real estate finance industry,” said MBA Chairman Debra W. Still, CMB. “I can think of no one more deserving of the Distinguished Service Award, the highest honor an individual can receive from his or her MBA peers.”
Nominees for the CREF Distinguished Service Award must be associated with an MBA member firm, have a record of sustained and extraordinary service to MBA and the commercial/multifamily real estate finance industry, and possess a strong reputation of ethical and professional conduct.
Stout has been involved in the real estate industry since 1978, and since 2007 has served as President and CEO of Q10 Capital, LLC, an affiliation of sixteen independently owned commercial and multifamily mortgage banking companies operating in twenty-two markets, coast-to-coast. Collectively, the firms average over $3 billion a year in new loan originations and service a portfolio of approximately $12 billion.
Stout currently serves on the MBA Board of Directors and MBA’s Commercial Real Estate/Multifamily Finance Board of Governors. He is a founding board member and immediate past President of the Chartered Realty Investor® (CRI) Society, and was awarded the CRI® designation in 2005. He is also a past President of the Building Owners and Managers Association (BOMA) of Orlando, Florida and NAIOP, the Commercial Real Estate Development Association, of Nashville. Stout has written numerous articles on commercial real estate topics for a variety of real estate publications and was a contributing author of the Handbook of Commercial Real Estate Finance published by MBA.
The Mortgage Bankers Association (MBA) is the national association representing the real estate finance industry, an industry that employs more than 280,000 people in virtually every community in the country. Headquartered in Washington, D.C., the association works to ensure the continued strength of the nation’s residential and commercial real estate markets; to expand homeownership and extend access to affordable housing to all Americans. MBA promotes fair and ethical lending practices and fosters professional excellence among real estate finance employees through a wide range of educational programs and a variety of publications. Its membership of over 2,200 companies includes all elements of real estate finance: mortgage companies, mortgage brokers, commercial banks, thrifts, Wall Street conduits, life insurance companies and others in the mortgage lending field. For additional information, visit MBA’s Web site: www.mortgagebankers.org.
Matthew Robinson (202) 557-2727