Beech Street Capital Expands to the Southeast; Hires Executive Vice President of Origination

BETHESDA, MD, Oct. 4, 2010 – Beech Street Capital announced that Chad Thomas Hagwood (lower left photo) has joined the firm as executive vice president of origination and will lead the company’s expansion with the opening of two new offices in Birmingham, Alabama, and Atlanta, Georgia.

 Hagwood’s team will be responsible for originating multifamily, MHC and commercial loans nationwide.

“Chad is an extremely valuable addition to our company,” said Grace Huebscher, (top right photo) president and chief executive officer of Beech Street Capital.

“With more than $4 billion in closed commercial real estate transactions as well as his deep product knowledge and strong commitment to customer service, Chad will be central in further developing our national platform.”

Hagwood brings with him existing originators in Birmingham and Atlanta, including Damon Reed, Dan Armstrong, Jon Smalley, Vincent Langan and Shane Weeks.

 Prior to joining Beech Street Capital, Hagwood was senor vice

president and regional manager with Berkadia Commercial Mortgage. He was consistently a top originator there and at Berkadia’s predecessors, GMAC Commercial Mortgage and Capmark.

Hagwood will continue to be based in Birmingham, Alabama.

Contact: Sharee Lawler (240-507-1923)

Email: slawler@beechstcap.com

http://www.beechstcap.com/