Colony American Finance Approaches $2 Billion in Loan Originations

Adds Three Strategic Hires to Support Growth Across Sales, Marketing and Finance

Grace Soueidan joined Colony American Finance as Senior Vice President of Single Asset Lending (Photo: Business Wire)

LOS ANGELES--()--Colony American Finance (“CAF”) announced several recent strategic hires to support continued growth across product lines as it approaches $2 billion in originations. Grace Soueidan joined CAF as Senior Vice President of Single Asset Lending; Tuan Pham is Senior Vice President of Marketing; and Fred Mahintorabi is Vice President of Finance.

Colony American Finance is the leader in term financing for single family rental portfolios and acquisition financing for both value-add investors and buy-and-hold investors in the single family investor market.

“As we close in on another strategic originations milestone, we are extremely pleased to announce the hiring of three new members of the senior management team,” said Beth O’Brien, Chief Executive Officer of CAF. “Grace, Tuan and Fred will be integral in helping us drive and manage our continued growth. We are witnessing steadily increasing demand for acquisition capital and long-term financing among non-institutional investors in single family homes, and we look forward to supporting that demand through ongoing growth within the company.”

Soueidan will be based at CAF’s offices in Los Angeles. Pham and Mahintorabi will be based at CAF’s Irvine offices. More about the three recent hires:

Grace Soueidan, Senior Vice President of Single Asset Lending

Ms. Soueidan has over 20 years of experience leading teams in the commercial, construction and single family rental mortgage space. She is responsible for all aspects of single asset sales, including retail, wholesale and correspondent channels. She also manages the day-to-day operations for the single asset business line. Immediately prior to joining Colony American Finance, Ms. Soueidan was Senior Vice President of rental property financing at FirstKey Lending. Other prior positions include Chief Operating Officer at Peak Corporate Network and Chief Lending Officer at IndyMac Bank.

Tuan Pham, Senior Vice President of Marketing

Mr. Pham is a data-centric and multi-dimensional marketing leader, hired to grow and develop the marketing team. For nearly two decades, Mr. Pham has managed marketing teams, channels, and budgets for a diversity of brands, from young startups to Fortune 100 companies. Previously, Mr. Pham was Vice President of Marketing at RealtyMogul.com, a rapidly growing marketplace lender. Prior to that, he led the marketing team at Strategic Storage Trust, a successful billion-dollar REIT. He also helped publicly-traded CB Richard Ellis solidify its leading position atop the commercial real estate space.

Fred Mahintorabi, Vice President of Finance

Mr. Mahintorabi has extensive leadership experience in finance, including 20 years in publicly held banks, specialty finance companies and private mortgage lenders. He will be responsible for enhancing the financial planning and analysis function, leveraging his skills in balance sheet planning, performance measurement, and analytical reporting. Prior to this role, Mr. Mahintorabi was Executive Vice President of Finance at Banc of California, leading the development of their corporate finance function in a fast-growth and transaction-oriented public company setting. His previous experience also includes senior finance roles at Carrington Mortgage Holdings and CapitalSource Bank.

“We are very excited to have Grace, Tuan and Fred join our senior executive team. They each bring a tremendous amount of energy and expertise to their respective roles at CAF, and we look forward to having them help us further expand our rapidly growing platform. Each has worked in startup companies and large scale industry participants. It is this unique combination that will help us to continue driving growth at CAF,” said Ryan McBride, Chief Operating Officer.

CAF has issued loans across 16,000 properties to more than 1,200 investors in 42 states, including California, Georgia, Florida and Texas. CAF specializes in loans to smaller-scale investors in the market, with an average loan size of just over $2 million.

About Colony American Finance

Colony American Finance (CAF) is a specialty finance company that provides a range of debt products to residential real estate investors. The company offers portfolio and single asset term loans for stabilized rental properties as well as short term credit lines for acquisitions. CAF was founded in 2014 to finance single family, townhome, condo and small multifamily properties for customers nationwide. Its products are tailor-made for investors and it provides attractive rates, rapid timelines and closing certainty. The company works directly with borrowers as well as with brokers and correspondent partners. For more information, visit www.colonyamericanfinance.com.

Contacts

Owen Blicksilver Public Relations, Inc
Caroline Luz, 203-656-2829
caroline@blicksilverpr.com
or
Kristin Celauro, 732-433-5200
kristin@blicksilverpr.com

Release Summary

Colony American Finance announced several recent strategic hires to support continued growth across product lines as it approaches $2 billion in originations.

Contacts

Owen Blicksilver Public Relations, Inc
Caroline Luz, 203-656-2829
caroline@blicksilverpr.com
or
Kristin Celauro, 732-433-5200
kristin@blicksilverpr.com