The largest new headquarters to be built in the city in nearly a decade, the project will relocate more 600 full-time jobs from Brecksville to Cleveland. The company has grown exponentially - from 174 employees when Stracensky started in January 2012 to 5,609 today - in part because Leonhardt keeps the common touch. The consent submitted will only be used for data processing originating from this website. In addition to overseeing the growth of CrossCountry Mortgage, Leonhardt is an owner of several iconic Northeast Ohio restaurants, brew pubs and other establishments. Under Susie's leadership the HR Department gracefully handles our continuous nationwide expansion. CROSSCOUNTRY MORTGAGE, LLC is a nationwide mortgage lender founded in 2003 by CEO Ronald J. Leonhardt, Jr. Dont have a partner. This is another outstanding example of continued progress toward the revitalization of an historic neighborhood and it brings new growth opportunities to Northeast Ohio, said J.P. Nauseef, JobsOhio president and CEO. It enhances both our strategic growth in several regions as well as our consumer-direct component. We would like to show you a description here but the site won't allow us. . All loans must satisfy company underwriting guidelines. ", "In my 25-plus years of mortgage industry business development and recruiting I have never seen a company that truly puts the loan originator first, above the company," said Executive Vice President James Iley. Records show Ronald J. Leonhardt, the president and CEO of Brecksville, Ohio-based . Our team committed to, and achieved, a smooth transition for the loan originators and we are seeing immediate success with this transaction. Our new work environment and central location will help make our training activities even more appealing and effective, said Jennifer Stracensky, chief operating officer. ", "We explored our options with several other companies, but CCM stood out," said Executive Vice President Norman Koenigsberg. from 8 AM - 9 PM ET. The 113-year-old manufacturer plans to relocate. ", Regarding First Choice's Mortgage Program for Costco Members, Executive Vice President Bill Schneider added, "There was an extensive review process on both sides to ensure that that Program would go forward with the high level of service required to provide the outstanding experience Costco members expect. During Covid, we were deemed an essential industry, she said. He loves taking iconic buildings and kind of repurposing them, she said. The relocation plan is far from a done deal. The sellers were affiliates of Tap Packaging Solutions, a 113-year-old producer of folding cartons and boxes that was called the Chilcote Company for most of its history, and GBX Group, a major real estate owner and investor in the neighborhood. His direction drives the constant evolution of AFN to adapt to the changing industry and ensure its long-term success. Its old-fashioned hard work. Sign up for a free account. I made the decision to recapitalize the company to boost its net worth. In all states, the principal licensed office of American Financial Network, Inc. is 10 Pointe Drive, Suite 330, Brea, CA 92821; Phone: (714) 831-4000 (NMLS ID#237341). Prior to AFN, Jack served as Sr. Vice President of Production & Operations at Majestic Mortgage and Mortgage Capital Resources, managing multiple operations in the Western US. When you roll out that type of atmosphere, your employees arent looking over their backs because they know you have their back. The site is the former headquarters, packaging and warehouse facility for TAP Packaging + Design. The 168,000-square-foot campus at 2152-2160 Superior Avenue will bring more than 600 full-time jobs to Cleveland. Up to 5 The company has nearly 3,000 employees and licenses in all 50 states. We have received your quote request and are currently reviewing your information. Web CROSSCOUNTRY MORTGAGE LLC is a nationwide mortgage lender founded in 2003 by CEO Ronald J. As the borrower, you want to close on time, and you want it to be pain free., The pressure to perform and keep CrossCountry on an upward trajectory provides both stress and motivation, Leonhardt says. The subprime mortgage crisis that savaged the U.S. economy between 2007 and 2010 forced many banks and lenders to shut down. We are the quintessential Cleveland story we have built this business from the ground up through hard work and a shared commitment to make the mortgage process easy, stress-free and rewarding, Leonhardt said. But it can easily become a distraction if youre not careful. The acquisition is the result of a thoughtful search process and extensive discussions between the leaders of the two companies. Since she joined AFN, mortgage accounting fascinated her, and she continued to excel and deepen her understanding of mortgage industry. In 2014, CrossCountry funded just over $1 billion in loans; Leonhardt expected that total to top $15 billion in 2019 and, if all goes according to plan, $20 billion is well within reach in the very near future. All rights reserved (About Us). In this key role, Scott oversees all aspects of Secondary Marketing, manages the company pipeline and product development, and contributes to Loan Originator training and post-closing management. BRECKSVILLE, Ohio, May 14, 2020 /PRNewswire/ -- CrossCountry Mortgage, LLC (CCM), a nationwide mortgage lender headquartered in Brecksville, Ohio, is pleased to announce the acquisition of the assets of New Jersey-based residential mortgage lender First Choice Loan Services Inc. Cross Country Mortgage, a fast-growing mortgage lender with nearly 6,800 employees nationwide, broke ground last week on its new headquarters in the Superior Arts District near downtown Cleveland. (business & personal). The company was started 18 years ago as a small business by Ron Leonhardt Jr. and to now be an official partner of an NFL . You want to make sure that youre not saturating a specific market where you already have a footprint, he says. Participants will be able to explore new career paths while learning and working in a beautifully restored facility located in an amazing part of Cleveland. Ron Leonhardt. Founder, President and CEO A lifelong resident of Greater Cleveland, Ronald Leonhardt, Jr. founded CrossCountry Mortgage in 2003 after having worked several years as a loan officer and broker. This site uses cookies to provide you with a great user experience. CrossCountry Mortgage is on the Inc. 5000 List of America's Fastest-Growing Private Companies and a recipient of the 2019 Weatherhead Centurion Award for sales and growth. In the meantime, hell keep plugging away at guiding his business forward. "I can't think of a more exciting way to start 2021," said Ron Leonhardt, CrossCountry Mortgage CEO. Im looking for a new headquarters, Leonhardt says. A lifelong resident of Greater Cleveland, Ronald Leonhardt, Jr. founded CrossCountry Mortgage in 2003 after having worked several years as a loan officer and broker. His poetry chapbooks areThe Shape of HomeandHow to Live in Ruins. Through the guidance and vision of this leadership ensemble, American Financial Network, Inc. has experienced unprecedented growth both in same - store sales and through strategic recruiting and market expansion. Another critical piece in CrossCountrys growth is dealmaking. Im like, Where are you going to make more money? Sure you can make money flipping a house. The largest new headquarters to be built in the city in nearly a decade, the project will relocate more 600 full-time jobs from Brecksville to Cleveland. The company has nearly 3,000 employees and licenses in all 50 states. The entrepreneurial spirit that courses through the veins of this company is electrifying, and I could not be more excited to pursue excellence and reunite with some of my favorite people in the industry. He wouldnt put a firm timeline on a potential project or a decision about CrossCountrys headquarters, though the group already is working on designs and space planning with Vocon, an architecture firm based in Cleveland. The building at 2343 Superior Ave. was bought by RJL 2343 SA LLC, a group affiliated with CrossCountry Mortgage CEO Ron Leonhardt Jr., for $420,000, according to Cuyahoga County records. An investor group led by Ron Leonhardt Jr., the CEO of CrossCountry Mortgage, bought the Superior Avenue property late Friday, Sept. 9. Box 602732, Cleveland OH 44102 | (216) 532-3875, Privacy Policy | Subscription Agreement | Terms of Use | Powered by Indiegraf Media, Get The Land's free newsletter in your inbox 2-3x a week. Rendering of renovated building facing E. 22nd St. CrossCountry Mortgages comprehensive training program is a major draw for recent high school and college graduates and others who want to pursue careers in roles ranging from loan processing to underwriting and closing. Products not available in all areas. Since we launched The Land in 2020, weve brought our readers independent, on-the-ground reporting that helps them become more engaged in Cleveland. Whats the best business advice Web CrossCountry is offering self-employed borrowers real estate investors high net worth clients and jumbo borrowers some of the best products I have seen. Continue with Recommended Cookies, Your email address will not be published. Tap Packaging Solutions, known for most of its history as the Chilcote Company, sold buildings and parking lots stretching from Superior Avenue south to Payne Avenue. Did you like this story? An approved seller and servicer of Freddie Mac, Fannie Mae and Ginnie Mae, CCM offers a broad portfolio of home purchase and refinance programs ranging from conventional and jumbo mortgages to government-insured programs for veterans and rural homebuyers. Take our reader survey! To celebrate its new role as a member of the Superior Arts District community, the company invited local artists Jenna Conforti, Scott Goss and Bob Peck + Rich Cihlar to offer live demonstrations of their work, and announced a yearlong competition that will award the winner an opportunity to showcase their art in the new headquarters. Made possible through support from the City of Cleveland, Team NEO, JobsOhio and the Ohio Development Services Agency, the headquarters project includes the restoration and renovation of four industrial buildings dating back to as early as 1913. The company has more than 6,000 employees and licenses in all 50 states. We have great technology, and were able to pivot very quickly [to remote work].. Guiding his business forward to Live in Ruins our team committed to, were... Packaging and warehouse facility for TAP packaging + Design where are you going to more. Decision to recapitalize the company has nearly 3,000 employees and licenses in all 50 states in several regions well. Seeing immediate success with this transaction going to make sure that youre saturating! Request and are currently reviewing your information net worth a smooth transition for the originators. 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