CRE Finance Council Taps 3650 Capital Co-Founder as Chair Amid Market Shifts
Event summary
- Toby Cobb, Co-Founder of 3650 Capital, named Chair of CREFC Executive Committee and Board of Governors for 2026-2027.
- Cobb succeeds Leland F. Bunch III, who transitions to Immediate Past Chair.
- CREFC's Executive Committee and Board of Governors expanded with new members from major financial institutions.
- CREFC represents over $6 trillion in commercial real estate finance with 400+ member companies.
The big picture
Toby Cobb's appointment as CREFC Chair comes at a pivotal time for commercial real estate finance, as the industry navigates post-pandemic market conditions and regulatory scrutiny. With over 30 years of experience in lending, capital markets, and servicing, Cobb's leadership could shape CREFC's advocacy efforts and industry standards. The organization's role in promoting liquidity and transparency remains critical as the market adapts to new challenges and opportunities.
What we're watching
- Governance Dynamics
- How Toby Cobb's leadership will steer CREFC through evolving commercial real estate finance market conditions.
- Regulatory Advocacy
- Whether CREFC can maintain its influence amid potential regulatory shifts in the $6 trillion industry.
- Market Liquidity
- The pace at which CREFC's initiatives enhance liquidity and transparency in commercial real estate finance.