Goedecke & Co

What Goedecke & Co does

Goedecke & Co., LLC is a Boston-headquartered, privately held commercial real estate mortgage banking firm founded in 1998 by Peter Goedecke. The firm provides owners and developers of income-producing real estate with individualized counsel and tailored financing solutions across four interconnected service lines: Loan Origination (permanent, construction, interim, and junior debt), Recapitalization (discounted payoffs, bridge loans, mezzanine, preferred equity), Structured Finance (joint ventures, participating loans, pre-sales, private equity), and Loan Servicing (payment processing, insurance review, financial analysis, asset management). Since inception, the firm has arranged in excess of $20.2 billion in real estate financing across more than 1,595 transactions for nearly 400 distinct clients, drawing on a network of more than 250 lenders and investors including life insurance companies, banks, CMBS lenders, agencies, pension fund advisors, opportunity funds, and private investors. Property-type coverage spans office, retail, industrial, multifamily, condominiums, hotels, biotech/lab, self-storage, golf, and marinas, with a stated concentration on New England assets and owners.

The firm operates a relationship-driven, enterprise field-sales model with no disclosed proprietary technology platform; loan servicing is performed by a four-person veteran team with average tenure exceeding 20 years. Goedecke is a member of Real Estate Finance Associates (REFA), a 1979-founded national network of independent mortgage banking firms, which provides cross-market intelligence and deal-sharing capabilities. Revenue is generated through transaction fees on debt and equity placement plus recurring servicing fees from institutional lenders including JPMorgan Chase, Goldman Sachs, Barclays, Aegon, American Family Insurance, and Nationwide. The firm has no external funding, no parent company, and is organized as a Massachusetts LLC with a team of 19+ professionals led by Founder/Principal Peter Goedecke alongside Principals Shawn Herlihy, Jeff Charneski, Bob Clifford, Christine Morrell, Michael Surprenant, Peter Kenn, Julia Treacy, Paul Natalizio, and Andrew Saccone.

Name

Goedecke & Co

Legal name

Goedecke & Co., LLC

Website

https://goedeckeco.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Goedecke & Co is a Boston-based, privately held commercial real estate mortgage banking firm that arranges debt and equity financing for property owners and developers, with $20.2B+ placed since 1998 across 1,595+ transactions.

Ownership category

akta.pro rank

Product category

Commercial Mortgage Banking

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)

akta.pro primary industry

Debt & Structured Finance / Mortgage Brokerage (BPAJABAK)

Keywords

• Commercial mortgage banking
• Commercial real estate finance
• Loan origination services
• Loan servicing solutions
• Real estate capital markets

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Loan Origination Fees: The company arranges real estate financing including permanent loans, construction loans, interim loans, junior debt, and earns fees for originating and placing these loans with capital sources.
2. Loan Servicing: Provides loan servicing expertise to lending institutions including payment processing, insurance review, financial analysis, and asset management. The platform was initially developed for correspondent life insurance companies but serves the broader lending community.
3. Structured Finance Advisory: Arranges joint ventures, participating loans, pre-sales, and private equity investments. Earns fees for structuring and placing complex debt and equity transactions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Goedecke & Co is a commercial mortgage banking firm that arranges real estate debt and equity financing for property owners and developers, including permanent, construction, interim, and junior debt loans, as well as recapitalization and structured finance solutions such as joint ventures, participating loans, pre-sales, and private equity placements. The firm also provides third-party loan servicing covering payment processing, insurance review, financial analysis, and asset management to correspondent life insurance companies and other institutional lenders.

Product overview

Goedecke & Co is a commercial real estate finance firm offering a unified suite of debt and equity arrangement services. The core offerings consist of four interconnected service lines: Loan Origination (permanent loans, construction loans, interim loans, and junior debt), Recapitalization (bridge loans, mezzanine financing, preferred equity, discounted payoffs), Structured Finance (joint ventures, participating loans, private equity), and Loan Servicing (payment processing, insurance review, financial analysis, and asset management). These services are designed to provide owners and developers with individualized counsel and tailored financing solutions for investment and development properties across various property types including office, retail, industrial, multifamily, hotels, and self-storage.

Differentiator

Problem solved

Functional benefit

Products and services

• Loan Origination Arrangement of commercial real estate financing including permanent loans, construction loans, interim loans, and junior debt for property owners and developers. Designed for real estate owners and developers seeking acquisition, construction, and permanent financing across property types such as office, retail, industrial, multifamily, hotels, and self-storage.
• Recapitalization Financial restructuring services including discounted payoffs, bridge loans, mezzanine loans, and preferred equity solutions for existing commercial real estate loan portfolios. Targeted at owners and developers needing to restructure or recapitalize commercial real estate positions.
• Structured Finance Complex capital arrangement services including joint ventures, participating loans, pre-sales arrangements, and private equity placement. Built for owners and developers requiring complex equity-side or hybrid debt-equity capital solutions for commercial real estate projects.
• Loan Servicing Comprehensive commercial loan administration services including payment processing, insurance review, financial analysis, complex waterfall cash management structures, financial modeling/underwriting, distressed loan advisory, and asset management for lending institutions. Served institutions include Aegon, American Family Insurance, Nationwide, JPMorgan Chase, Goldman Sachs, and Barclays, among others.

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Real Estate Finance Associates (REFA)coreStrategic or Co-development Partner · 1 January 1979Goedecke & Co is a member of Real Estate Finance Associates (REFA), a national organization of independent mortgage banking firms. Founded in 1979, REFA evolved from the James W. Rouse Company. Through membership, Goedecke shares information on a real time basis concerning capital market investors and can obtain current real estate market information throughout much of the country. REFA member firms frequently assist one another when real estate owners from one market own properties in different markets.
• Churchill Commercial Capital Inc.minorStrategic or Co-development PartnerREFA member firm based in Phoenix, AZ
• Columbia National Real Estate Finance LLCminorStrategic or Co-development PartnerREFA member firm based in Baltimore, MD and Washington, DC
• CommCap Advisors LLCminorStrategic or Co-development PartnerREFA member firm based in Las Vegas and Reno, NV
• Keystone Mortgage CorpminorStrategic or Co-development PartnerREFA member firm based in Los Angeles, CA and Orange County, CA
• Largo Capital Inc.minorStrategic or Co-development PartnerREFA member firm based in Buffalo and New York, NY, Tampa and Sarasota, FL, and Toronto, Canada
• Medalist Capital Inc.minorStrategic or Co-development PartnerREFA member firm based in Charlotte and Raleigh, NC, Charleston, SC, and Atlanta, GA
• Trinity Real Estate Finance Inc.minorStrategic or Co-development PartnerREFA member firm based in San Antonio, TX and Austin, TX

Scale indicators11 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Northmarq Capital: One of the largest privately held commercial mortgage banking firms in the US, arranging debt and equity for commercial real estate owners and developers. Highly comparable to Goedecke in business model (independent mortgage banker), services (loan origination, servicing), and client base (property owners/developers).
• Largo Capital: Independent commercial mortgage banking firm and direct REFA co-member alongside Goedecke, arranging debt and equity for commercial real estate. Operates in multiple geographies (NY, FL, Toronto) with a similar transaction-fee business model and institutional lender relationships.
• Keystone Mortgage Corp: Independent commercial mortgage banking firm and REFA co-member based in Southern California. Provides comparable CRE debt placement services with similar relationship-based sales motion and correspondent lender network.
• Medalist Capital: Independent commercial mortgage banking firm and REFA co-member based in the Carolinas and Atlanta. Closely comparable in size, business model, and CRE debt/equity intermediation focus to Goedecke.
• Churchill Commercial Capital: Independent commercial mortgage banking firm and REFA co-member based in Phoenix. Offers nearly identical services (CRE debt placement, structured finance) to a comparable client base of property owners and developers in the Southwest.

Broad incumbents

• Walker & Dunlop: Large publicly traded commercial real estate finance company providing debt brokerage, origination, and servicing across multifamily, healthcare, and other CRE asset classes. A scaled competitor offering overlapping CRE debt placement and loan servicing, but with substantially broader geographic and product coverage.
• JLL Capital Markets: Global commercial real estate services firm with a major debt and equity advisory practice (built significantly via the 2019 HFF acquisition). Provides overlapping CRE capital markets services but operates at much larger scale with integrated investment sales, equity placement, and research capabilities.
• CBRE Capital Markets: Global commercial real estate services leader with the largest CRE debt advisory and capital markets practice. Competes with Goedecke for institutional lender relationships and large borrower assignments, though at materially greater scale and geographic reach.
• Newmark Group: Publicly traded commercial real estate services firm with growing debt and structured finance advisory practice. Competes with Goedecke in CRE debt placement and capital markets intermediation, particularly for institutional clients and larger transactions.
• Eastdil Secured: Premier private commercial real estate investment bank offering debt placement, equity placement, and structured finance for institutional clients. Competes with Goedecke for the largest and most complex CRE capital markets assignments, but at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/goedecke-&-co.-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goedecke & Co