David Brickman

David Brickman, Former CEO of Freddie Mac, Has Passed Away

David Brickman is the former CEO of Freddie Mac, one of the largest providers of mortgage financing. He stepped down in January after serving the firm for more than 20 years.

He now serves as executive chairman of commercial mortgage broker Meridian Capital Group and as a senior adviser to Stone Point Capital LLC. He is also the chief executive officer of NewPoint Real Estate Capital, which focuses on lending to apartment buildings that are backed by loans guaranteed by the Federal Housing Administration.

Early Life and Education

David Brickman started his career as a songwriter. He was one of the pioneers and figureheads of adult contemporary music, releasing several successful albums throughout his career.

He was also known for his contributions to the television industry, especially his work as a producer and head writer for Johnny Carson and Dick Cavett’s late-night shows on NBC and ABC.

He earned a degree in economics and real estate at MIT, as well as a master’s and doctoral degrees from Harvard University. He later served as President of Freddie Mac, the mortgage giant. He remained in the role until July 2019. In his spare time, he enjoyed boating on the Hudson River and jet skiing with his friends. He also loved cooking and entertaining. Besides his family, he is survived by his wife Patricia Sunwoo.

Professional Career

David Brickman was a high-profile executive in mortgage finance, serving as CEO of Freddie Mac, the nation’s largest provider of home loans. He led the company through a period of significant growth and change, including successfully navigating the COVID crisis.

Upon his retirement from Freddie Mac, Brickman became executive chairman of Meridian Capital Group, the country’s leading commercial mortgage brokerage. He also took on the role of senior adviser to Stone Point Capital, a private equity firm with a strong focus on real estate and financial services.

In addition, he has launched Capital Commentary, an industry-leading newsletter that focuses on public policy issues impacting the housing sector. The newsletter features insights from our company’s leaders into key trends in the housing industry.

Achievements and Honors

David Brickman is a successful real estate executive and the current CEO of NewPoint Real Estate Capital. He also serves as a senior advisor to Stone Point Capital.

He is best known for his tenure as the head of Freddie Mac Multifamily, where he presided over a remarkable period of growth. During his tenure, production rose from $16 billion in 2010 to almost $80 billion in 2018.

He was also responsible for establishing the company’s flagship K-Deal securitization program as one of the leading securitized products in the structured finance market. He also drove significant innovation by expanding Freddie Mac’s products and offerings — particularly those serving the growing need for affordable workforce housing.

Personal Life

David Brickman had a big heart, and he loved everyone he met. He was a great friend, mentor and father to two daughters, Claire, 19 and Lillian, 8.

In his spare time, he enjoyed spending time with family and friends. He was also a passionate cook, who loved to entertain.

David is the CEO of NewPoint Real Estate Capital, a leading commercial real estate finance company that provides lending solutions to investors of multifamily, affordable housing, seniors housing and healthcare properties nationwide. He was previously the chief executive officer of Freddie Mac, one of the largest providers of mortgage financing in the country.

Net Worth

David Brickman is the current President and Chief Executive Officer of Freddie Mac. He joined Freddie Mac in 2013 and was previously the company’s Executive Vice President and Head of Multifamily.

During his tenure, David drove significant innovation and expansion in Freddie Mac’s products and offerings. He also established the company’s flagship K-Deal securitization program as one of the leading securitized products in the structured finance market.

Brickman stepped down as CEO of Freddie Mac in January 2020. He is now heading up a newly formed commercial agency lending platform, created by a partnership between commercial mortgage brokerage Meridian Capital Group and investment manager Barings.

Leave a Reply

Your email address will not be published. Required fields are marked *