Money360, the leading commercial real estate marketplace lending platform, recently announced the addition of eight new hires to support the company’s rapid expansion. The hires include five seasoned commercial real estate executives and three industry specialists, who were brought on to support the increased deal flow and expanding base of borrowers and capital partners in the U.S. and around the world.
Money360’s C-suite was bolstered with the hiring of Paul Cleary as the company’s new Chief Operating Officer (COO). Money360 Co-Founder Dan Vetter, who was splitting his time as the company’s COO and its de-facto Chief Investment Officer (CIO), will now formally assume the title of CIO and be able to focus all of his time on CIO-related responsibilities. Vetter will continue to serve as President of M360 Advisors, LLC.
“The first half of the year has set a strong precedent for the rest of 2017, and we look forward to meeting the lending needs and demands of the commercial real estate industry,” said Money360 founder and CEO Evan Gentry. “The addition of a seasoned team of industry experts will allow Money360 to meet the increased demand for both bridge and permanent loans, and allows our company to be nimble in a shifting landscape.”
The new hires include:
Paul Cleary, Chief Operating Officer: Cleary was Executive Vice President of Cherrywood Commercial Lending, LLC, where he helped found the company and oversaw loan production and marketing. Prior to that, he was the First Vice President of the Business Services division at Kinecta Federal Credit Union. He earned his MBA from University of California, Irvine, his JD from the University of San Diego School of Law and his Bachelor of Arts from University of California, Santa Barbara.
John Calder, Director of Credit Administration: Calder has worked as a commercial real estate operator and executor for more than 20 years at companies including SABAL Financial Group, Mir, Mitchell & Company, LLP and Sterling Bank & Trust. He earned his bachelor’s degree in business at University of Colorado, Boulder.
Stratos Athanassiades, Regional Director – Midwest Region: With more than 20 years of experience, Athanassiades has held a number of managerial roles for Alliant Credit Union, Business Partners, LLC, MetLife and Wachovia Securities. He earned his bachelor’s degree in political science and international relations from Northwestern University.
Nick Jans, Regional Director – Southwest Region: Jans has originated and produced more than $2.1 billion in commercial real estate financings. His background includes positions as principal at Willow Bend Commercial Capital, Vice President at New York Life Investment Management and Investment Director at Massachusetts Mutual Life Insurance Company. He earned his bachelor’s degree in business administration from Saint Louis University in Missouri.
Craig Brown, CRE Loan Underwriter: With nearly 30 years of experience, Brown has held a number of executive and managerial positions at real estate consulting companies, mortgage firms and major banks. His wide range of experience includes positions at Security Pacific Bank, CORE Realty Holdings, LLC and Wells Fargo Bank. Brown earned his Bachelor of Arts from Stanford University and his JD from Western State University.
In addition to the new executives, the new hires also include three support specialists: Jared Wright, CRE Loan Analyst; Annie Chantaduly, CRE Loan Expeditor; and Joel McRae, CRE Customer Service specialist.
Earlier this year, increased deal flow and projections for robust growth prompted Money360 to launch new regional divisions in the Northwestern and Northeastern United States to drive loan transactions and investment opportunities.
Money360 is transforming commercial real estate finance into a fast, transparent and reliable marketplace for borrowers and investors. Money360 is a nationwide, direct lender offering borrowers speed, convenience and reasonable terms on commercial real estate loans from $1 million to $20 million. Money360 operates a marketplace lending platform that provides investors direct access to attractive fixed income investments secured with a first-priority lien against income-producing commercial real estate. Money360 also operates an investment management company, M360 Advisors, LLC, which manages diversified fund vehicles on behalf of investors. Borrowers and lenders (investors) can register at www.money360.com.
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