CFG Bank Introduces CFG Mortgage Partners with Dan Sacks as New Head
On June 9, 2026, CFG Bank announced a significant strategic development with the launch of CFG Mortgage Partners, which is set to enhance its position in the multifamily financing sector. This new initiative is designed to offer tailored debt products that cater to the varied needs of multifamily owners, developers, and investors nationwide.
CFG Bank, recognized for its flexible financing and online banking solutions, is expanding its suite of offerings in real estate and corporate banking. This includes vital services such as Agency lending, HUD financing, and Commercial Mortgage-Backed Securities (CMBS). The establishment of CFG Mortgage Partners will solidify CFG's national footprint in the multifamily market, providing diverse capital solutions that are crucial for various stakeholders in the industry.
At the helm of this new venture is Dan Sacks, a seasoned leader with extensive experience in the multifamily finance arena. He joins CFG as the Managing Partner of CFG Mortgage Partners, based out of New York. With a notable track record at Greystone, where he was Senior Managing Director, Sacks propelled over $20 billion in multifamily loan volume during his twelve-year tenure. His exceptional leadership was recognized when he was awarded Fannie Mae's top loan originator for multifamily loans in 2023.
Erik Howard, the President of CFG Bank, expressed excitement over Sacks's appointment, emphasizing his outstanding capabilities and extensive industry connections. Howard noted, “We are thrilled to announce the formation of CFG Mortgage Partners. Dan is recognized as one of the industry's leading executives with a proven performance record. His expertise will be instrumental in our efforts to enhance multifamily services and deliver exceptional value to our clientele.”
Sacks, enthusiastic about this new role, stated, “I'm thrilled to join CFG and assist in developing CFG Mortgage Partners into a premier multifamily debt platform. The bank’s entrepreneurial spirit and client-centric approach create a solid foundation for growth in this significant sector.”
CFG Bank, headquartered in Baltimore, Maryland, has established itself as a leader in providing flexible financing solutions across the United States, particularly within the healthcare and multifamily sectors. With assets exceeding $6 billion, CFG stands as the largest bank in Baltimore and holds a noteworthy position among healthcare bridge-to-HUD lenders in the country. Over three decades, CFG has gained a reputation for combining large-scale operational capabilities with personalized service, establishing itself as a trusted partner for clients seeking tailored financing solutions.
As a leading entity within the FHA-insured mortgage space, CFG has facilitated over $7.1 billion in Section 232 mortgages across the nation. The launch of CFG Mortgage Partners marks an exciting development in CFG Bank's journey, signifying its commitment to enhancing access to capital and support for multifamily financing needs across various markets.
For further details on CFG Bank and its offerings, please visit www.CFG.bank or follow CFG Bank on social media platforms like LinkedIn, Facebook, Instagram, and X. CFG Bank is a member of the FDIC and an Equal Housing Lender.