CRE

John Golsen Signs Up with TD Bank as BDO, SBA

By Joyce C. Dimaculangan

TD Bank announced that John Golsen has joined the company as Vice President, Business Development Officer in the SBA Lending Division. In this capacity, Golsen is in charge of providing SBA loans to commercial customers for the acquisition of a business, owner-occupied commercial real estate and working capital lines of credit.

John Golsen TD BankBased in Calverton, Maryland, Golsen will cater to the financial needs of small- to mid-sized companies in Maryland and Virginia.

Bringing 12 years’ experience in finance and real estate lending, he has an extensive background in commercial banking that includes origination of credit facilities and treasury management solutions, underwriting, and relationship management.

Prior to joining TD Bank, he served as a Vice President at GE Capital Franchise Finance in Bethesda, Maryland, where he provided debt and equity products in the restaurant franchise space; and as Vice President, Senior Relationship Manager at Sandy Spring Bank, where he was responsible for new loan origination goals and management of existing relationships with clients whose total bank exposure ranges from $1MM-$10MM.

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Mark Besharaty Joins Hunt Mortgage Group as VP

By Joyce C. Dimaculangan

Hunt Mortgage Group announced that Mark Besharaty has joined the business as Vice President, Small Loan Group. In this capacity, Besharaty is responsible for sourcing and originating Freddie Mac and Fannie Mae small loans for clients in the Western Region of the United States. Based in Irvine, California, he will directly report to Rick Warren, Senior Managing Director, Mortgage Banking.

Mark Besharaty Hunt Mortgage GroupBesharaty has over two decades of commercial real estate lending experience. Most recently, he served as Vice President in the commercial mortgage operations division at MUFG Union Bank. During his tenure, he led teams that successfully implemented multiple projects, grew production volumes and was recognized as one of the top producers for the group.

Hunt Mortgage Group is excited to have Besharaty on board. “He is well versed in all aspects of the origination process for commercial real estate, including multifamily transactions through wholesale and retail channels. We are confident he will expand our footprint in the western region and help us achieve our overall growth goals,” said Warren.

Besharaty earned a bachelor’s degree from the University of Massachusetts, Amherst, and holds an MBA in finance from The Wharton School at the University of Pennsylvania. He holds a California real estate broker license, and serves as chairman of the Commercial Lenders Association.

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Fountainhead Hires Bart Baran as Credit Analyst

By Joyce C. Dimaculangan

Fountainhead Commercial Capital, a nationwide lender focused on financing owner-occupied commercial real estate with the SBA 504 loan program, is pleased to announce that Bart Baron has joined the business as a Credit Analyst.

Bart Baran Fountainhead Commercial CapitalIn this capacity, Baran is responsible for assisting the underwriting department in assembling and analyzing financial information from entrepreneurs who wish to purchase real estate and equipment to grow their business and personal wealth with the 504 program.

Baran has over 10 years’ small business experience serving various roles in a small Illinois-based carpet company, including sales, marketing and accounting functions. Most recently, he was an Assistant Technology Coordinator for a small health care practice.

“We are pleased to have Bart Baran join our growing team,” remarked Chris Hurn, CEO of Fountainhead. “He brings a wealth of experience and small-business savvy to our company, and we believe he will quickly begin helping many business owners realize significant savings and wealth creation through the 504 program.”

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Christopher Unger Joins Beneficial Bank as SVP

By Joyce C. Dimaculangan

Beneficial Bank is pleased to announce that Christopher Unger has joined the business as Senior Vice President and Commercial Lender focusing on the New Jersey market. As SVP, he is responsible for originating, underwriting and closing commercial real estate loans throughout Southeastern Pennsylvania, Lehigh Valley, Southern and Central New Jersey, and Northern Delaware.

Christopher Unger Beneficial BankUnger has more than 40 years of experience in the banking industry. He brings deep relationships with top real estate developers and builders and extensive experience in commercial banking to his new role.

Prior to joining Beneficial Bank, Unger served as Vice President/Commercial Real Estate Finance at Susquehanna Bank for more than four years. He managed commercial real estate loans in the Philadelphia Metropolitan Area.

In addition, he is active in several community organizations, including the National Association of Industrial and Office Parks, Mortgage Bankers Association, and the TriState Realtors Commercial Alliance.

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Christina Johnson Joins TMC Financing SoCal Team

By Joyce C. Dimaculangan

TMC Financing is pleased to announce that Christina Johnson has joined the company as a Business Development Associate and Loan Officer. In her new role, Johnson serves lenders, brokers, and small businesses as part of TMC’s Southern California team. She provides analysis and support for the financing of commercial real estate loans.

Christina Johnson TMC FinancingJohnson’s experience includes commercial real estate, credit analysis and business banking. Before joining TMC, she served as a Business Banking Associate and Credit Analyst at Union Bank in Irvine. She also worked at La Costa Resort and Spa, and Wilson Johnson Commercial Real Estate.

In the past three years, TMC has participated in projects worth more than $612 million to Southern California businesses, primarily through the U.S. Small Business Administration 504 lending program.

TMC Executive Vice President Rich Grant said Johnson’s experience in commercial real estate lending will serve her well in working with TMC’s senior business development staff. “We’re growing fast in Southern California and she will help us continue to be responsive and make local decisions efficiently.”

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Diana Hallal Joins TMC Financing SoCal Team

By Joyce C. Dimaculangan

TMC Financing is pleased to announce that Diana Hallal has joined the business as Senior Vice President, Business Development in its Southern California commercial real estate lending team. In her new role, Hallal is responsible for the acquisition of commercial real estate loans.

Diana Hallal TMC FinancingHallal has more than 20 years of experience in helping business owners in Southern California access the capital they need to grow. She has held various senior commercial lending roles at several financial institutions.

Most recently, she was Director of business banking at Union Bank, where she was the top real estate loan producer in business banking for four consecutive years. Previously, she was a Commercial Loan Officer at Wells Fargo and a Business Development Officer at Bank of America.

“I’m excited about TMC’s growth in Southern California,” remarked Hallal. “This team has such dedication to partnering with commercial real estate brokers and commercial lenders to help business owners grow through the strategic purchase of fixed assets. I’m glad to be on board.”

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Landmark Bank Adds Randal Harrell as Comm’l Lender

By Joyce C. Dimaculangan

Tennessee-based Landmark Community Bank announced the addition of Randal Harrell as Vice President and Commercial Lender in its downtown Franklin branch. In this capacity, Harrell will focus his efforts primarily on small business, construction and commercial real estate lending.

Randal Harrell Landmark Community BankHarrell has more than 10 years of experience in the banking industry. While studying in college, he started working with Homeland Community Bank. He joined the company full-time after college, serving as a loan officer and most recently as Vice President.

“It’s very rewarding to work in a community bank, where we really get to know our customers, build meaningful relationships and have the flexibility to work with them to overcome challenges and achieve their goals,” remarked Harrell. “Landmark is a growing bank with a talented staff that offers exceptional service, so it was a natural fit.”

“Randal’s community banking experience and desire to help the community will fit well in Landmark’s mission of helping Williamson County be the best it can be,” said Barry Allen, Landmark’s Franklin city executive.

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Hunt Mortgage Group Hires Penny Newton as VP

By Joyce C. Dimaculangan

Commercial real estate lender Hunt Mortgage Group announced that Penny Newton has joined the business as Vice President in the Small Loan Group. In this capacity, Newton is responsible for sourcing and originating Freddie Mac and Fannie Mae small loans for clients in Colorado and the surrounding area. Based in Denver, Colorado, she reports to Rick Warren, Senior Managing Director Mortgage Banking.

Penny Newton Hunt Mortgage GroupNewton has nearly 25 years of experience in commercial mortgage and bank lending. Most recently, she was a Vice President at Grandbridge Real Estate Capital/BB&T Bank, where she served as a commercial banker for agency debt, Freddie Mac and Fannie Mae, insurance companies, CMBS and commercial banks.

Previously, she served as Client Manager, Commercial Term Lending at Chase Commercial Term Lending, and Vice President-Lender at Horizon Banks. She also worked at GMAC Commercial Mortgage, KeyBank and Midland Loan Services.

Hunt Mortgage Group is pleased to have Newton on board. “She is well known in the local commercial real estate community as a seasoned versatile lender with an established reputation for her certainty of execution and fast delivery, including multiple property closings,” commented Warren.

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Republic Bank Hires Bruce Krah as VP, CRE Lender

By Joyce C. Dimaculangan

Republic Bank has hired Bruce Krah as Vice President, Commercial Real Estate Lender. In this capacity, Krah is responsible for developing commercial real estate business opportunities in the Pennsylvania and Southern New Jersey markets.

Republic BankKrah brings nearly 30 years of experience in the banking industry to his new role. Prior to joining Republic Bank, he was a Senior Commercial Lending Officer at Malvern Federal Savings Bank, where he managed and developed commercial real estate transactions through to settlement, as well as spearheaded new initiatives to increase annual loan volume production.

He spent seven years as President and Chief Financial Officer at Greystone Financial Group, Inc., a company that provides equipment and real estate leasing and financing solutions for businesses in West Chester, Pennsylvania. During his tenure at Greystone, he structured credit underwriting and processing, managed relationships with funding partners and increased customer retention.

Republic Bank is pleased to have Krah on board. “His senior-level experiences at both banking institutions and commercial real estate firms exhibit his versatility and wide range of expertise. Bruce has demonstrated the ability to develop and maintain investor and customer relationships, which will prove to be an invaluable skill in this role,” said Harry Madonna, Chairman and CEO.

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Leigh Ann Henderson Joins Partner ESI

By Joyce C. Dimaculangan

Partner Engineering and Science, Inc. announced that Leigh Ann Henderson has joined the company as a Principal and National Client Manager. She will be based in Houston, Texas and will be in charge of providing risk management services to regional and national banks and credit unions involved in construction lending.

Leigh Ann Henderson Partner ESIHenderson brings almost 20 years of experience in the construction risk management industry to Partner ESI. Her past experience includes developing a strong base of regional and national bank and credit union clients, providing full-scope construction funds management and inspections services.

As an expert in the industry, she has been a speaker on Construction Risk for various lender industry conferences, including the Houston Association of Government Guaranteed Lenders (HAGGL), Central Texas Association of Government Guaranteed Lenders (CTAGGL) and Mid-America Lenders conferences.

“Construction lending is risky, and in this market it is critical that lenders take a proactive approach to managing those construction risks. Leigh Ann will be a fantastic advocate for more proactive, cost-effective tools that will enable construction lenders to better manage risks while taking advantage of today’s favorable market conditions,” said Joe Derhake, CEO of Partner.

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