- $68 million fixed-rate Fannie Mae Conventional loans
- Multifamily - 1,106 units across four properties
- Philadelphia-Camden-Wilmington MSA, Pennsylvania and Delaware
President and Chief Executive Officer
Grace Huebscher co-founded Beech Street Capital in 2009. Under her leadership, the company quickly became a multibillion dollar lender. With over 30 years of experience in capital markets and real estate, Grace places her knowledge, talent and passion for the business at the service of borrowers.
Before founding Beech Street, Grace held various management positions in multifamily housing at Fannie Mae. At various times, she had responsibility for pricing and capital markets, structured finance, affordable and large loan lending, and the pool channel. She introduced Fannie’s manufactured housing park lending program and built the multifamily small loan business from $400 million in the early 2000s to several billion dollars during her tenure. Grace also held positions in the single-family business.
Before Fannie Mae, Grace was the CEO of National Cooperative Bank Mortgage Company, where she expanded its secondary market capabilities by building the first CMBS platform for originations in the days before RTC market activity. Prior to that, she was active in lending in New York City for Security Pacific and Chase Manhattan Bank.
A leader in the multifamily sector, Grace currently serves on the Fannie Mae DUS Advisory Council, is vice chairman of the Mortgage Bankers Association’s Multifamily Steering Committee and is a member of the Urban Land Institute’s Multifamily Silver Council. Grace is also a director of the Catholic Charities/Spanish Catholic Center and has been a board member of The Kenyon Review since 1998.
Grace graduated magna cum laude with a double major in economics and Spanish literature from Kenyon College, Ohio, and completed the MIT Senior Executive Program. She is a member of Phi Beta Kappa.
Click here for "Insights" from Grace.
