Redefining the Rules of Lending
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 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.
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.
Founded in 2001, CBC Financial was developed around the disciplined values of an experienced builder. Founder Chris Cronin has over 25 years of experience as a successful developer throughout the greater Boston area. CBC offers industry leading financial terms, but we know that’s not enough. We offer our builders more than a construction loan by delivering experience, insight and consulting throughout the deal to help them achieve greater success. CBC provides specialty private lending secured by residential real estate assets. We primarily lend to builders, developers and investors in Massachusetts, Seacoast New Hampshire and Maine.