2025 Award Winners Announced at CREFC’s Annual June Conference

NEW YORK, June 10, 2025 /PRNewswire/ — The CRE Finance Council (CREFC) announced today that Lea Overby is the recipient of this year’s Woman of Distinction Award and Toby Cobb is the recipient of its Founders Award. CREFC revealed the award recipients at its Annual Conference in New York City.

CRE Finance Council Logo (PRNewsfoto/CRE Finance Council)

CREFC’s Woman of Distinction Award. The Woman of Distinction Award recognizes women professionals in commercial real estate (CRE) finance who, through their engagement in CREFC and the greater CRE finance industry, demonstrate outstanding leadership skills and advocate for a more inclusive industry. Ms. Overby is Managing Director and Head of U.S. Commercial Mortgage-Backed Securities (CMBS) Research at Barclays.

A 25-year CRE finance industry veteran and CREFC member since 2010, Ms. Overby has held senior roles within various segments of the CMBS marketplace. Prior to joining Barclays in 2021, Ms. Overby was head of CMBS research at Wells Fargo Securities. Between 2016 and 2018, she oversaw CMBS analytics and research at Morningstar Credit Ratings after heading CMBS research at Nomura Securities International.

A leading voice in the industry, Ms. Overby has moderated numerous CREFC conference panels, which draw engaged audiences, and she serves on the CREFC Women’s Network Advisory Board. Ms. Overby’s team at Barclays conducts research and analysis of agency and non-agency CMBS and the overall state of commercial real estate.

“It is a great honor to receive this award, and to be included in the ranks of talented women professionals CREFC has acknowledged over the years. I have found it rewarding to participate in CREFC’s industry conferences to help drive conversations about the CMBS markets. I have also enjoyed partaking in the initiatives of the Women’s Network, which is a key source of support for a wide range of women professionals in the industry,” said Ms. Overby.

“Lea has demonstrated a deep commitment to CREFC’s membership and the greater CRE finance industry,” said Lisa Pendergast, President and CEO of CREFC. “She has been a stalwart supporter of the Association and its membership for over two decades. Her analysis of CRE finance markets and her research offer clarity to an industry that has been buffeted by a broad array of challenges. Lea has helped educate our industry for decades, and she has been a trusted advisor for institutions that have come to rely on her research and insight to make important investment decisions. She is always generous in sharing her knowledge with members and driving engaging conversations. We are also grateful for her support of our Women’s Network Advisory Board.”