CBC was founded in 2001 by Chris Cronin, who through his own experience as a successful developer saw an opportunity to create a better financing model for residential builders and developers. Our Builder First philosophy has redefined the financing experience by providing a level of support, affordability, flexibility and ease of use unparalleled by banks or hard money lenders. We stand by our builders throughout the deal, from the beginning to the end of their project, to help them achieve greater success.

CBC provides specialty, private lending secured by residential real estate assets primarily in Massachusetts, Seacoast New Hampshire and Maine.

Christopher Cronin
Managing Partner & Founder

Chris Cronin established CBC Financial to be a professional, reliable and trustworthy real estate lending company. With a construction management degree, an active general contractor’s license and over twenty years of hands on knowledge of the construction industry, Chris prides himself in being able to understand what builders and developers are trying to achieve with their own company. He has built solid partnerships with industry leaders, providing him with the foundation and market knowledge to make smart, consistent and timely investment decisions. Balancing vision with experience, Chris continues to lead the growth of CBC Financial.

Jeff Cutter
Partner

Jeff spent thirty years on Wall Street as an analyst, hedge fund manager and president/founder of a broker-dealer company. He focused on both domestic and global macro data to construct a portfolio of long and short securities based on his analytics. Jeff launched a hedge fund in 2008 where he ran a long/short portfolio of U.S. stocks. Jeff’s astute understanding of the factors underlying the 2008 housing crisis and the forthcoming ramifications led him to leave full-time fund management in 2013 to partner with CBC. Jeff continues to utilize his analytical skills data mining tools, and macro analysis in the lending and equity investment process. In parallel with his role at CBC, Jeff is currently developing 56 single-family homes southwest of Boston. Jeff is a member of the investment committee for Hebrew Senior Life.

David Kennedy
Director of Business Development

Dave Kennedy has been with CBC Financial since 2014. His professional background prior to joining CBC was focused on institutional commercial real estate and banking. Dave has experience in a multitude of roles, specializing in acquisitions, market research and portfolio/asset management for a $5 Billion multifamily real estate fund. Dave has taken his knowledge of the commercial real estate industry and applied it to the residential development sector, creating tools that help with analytics, market research and fund reporting. These tools are what make CBC scalable as a company and in turn help our builders properly vet their projects for profitability and risk. Dave has also been one of the primary drivers of new business relationships across the region.