SAN DIEGO–The Mortgage Bankers Association honored Robert Stout, president and CEO of Q10 Capital LLC, with the 2013 CREF Distinguished Service Award.
The award, presented here at the MBA 23rd Annual Commercial Real Estate Finance/Multifamily Housing Convention & Expo, recognizes Stout’s dedication and service to MBA and the real estate finance industry.
“Bob Stout has dedicated his career to investing in communities and building a stronger, more robust real estate finance industry,” said MBA Chairman Debra Still, CMB. “I can think of no one more deserving of the Distinguished Service Award, the highest honor an individual can receive from his or her MBA peers.”
Stout has been involved in the real estate industry since 1978; since 2007 has served as president and CEO of Q10 Capital, an affiliation of 16 independently owned commercial and multifamily mortgage banking companies operating in 22 markets nationwide. Collectively, the firms average more than $3 billion a year in new loan originations and service a portfolio of $12 billion.
Stout currently serves on the MBA Board of Directors and MBA’s Commercial Real Estate/Multifamily Finance Board of Governors. He is a founding board member and immediate past president of the Chartered Realty Investor Society and was awarded the CRI designation in 2005. He is also a past president of the Building Owners and Managers Association of Orlando, Fla., and NAIOP, the Commercial Real Estate Development Association. He has written numerous articles on commercial real estate topics for a variety of real estate publications and was a contributing author of the Handbook of Commercial Real Estate Finance published by MBA.
Nominees for the CREF Distinguished Service Award must be associated with an MBA member firm, have a record of sustained and extraordinary service to MBA and the commercial/multifamily real estate finance industry and possess a strong reputation of ethical and professional conduct.
View original Press Release HERE.