Scott Croul Named to Head Small Balance Loan Platform for RED Mortgage Capital, LLC

  Scott Croul Named to Head Small Balance Loan Platform for RED Mortgage
  Capital, LLC

Former Freddie Mac Multifamily Executive chosen to lead RED’s Multifamily
Small Loan Group as part of the Firm’s overall Growth and Product
Diversification Strategy

Business Wire

COLUMBUS, Ohio -- March 8, 2018

Scott Croul has been named Senior Managing Director and Head of Small Balance
Originations for RED Mortgage Capital, LLC, the Mortgage banking arm of
comprehensive capital provider RED Capital Group LLC.

This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20180308006139/en/

Scott Croul, Senior Managing Director and Head of Small Balance Originations,
RED Mortgage Capital, ...

Scott Croul, Senior Managing Director and Head of Small Balance Originations,
RED Mortgage Capital, LLC (Photo: Business Wire)

Mr. Croul joined RED on February 12, 2018, and brings 30 years of mortgage
lending experience across all institutional property types to RED with
extensive background in multifamily lending. He joins RED from Freddie Mac
Multifamily where he was Senior Managing Director and head of production and
sales for the Western Region, responsible for the agency’s conventional
multifamily business in the region and the region’s four production offices.
Croul was previously Managing Director and head of Underwriting and Credit for
Freddie Mac’s Western Region. He brings strong expertise in loan origination,
strategic growth and leadership, along with deep industry relationships.

At RED, Croul is tasked to grow the company’s national Freddie Mac and Fannie
Mae small balance lending platform, expand its national presence and position
RED’s Small Balance Loan Group into an industry leader.

“We continue to execute on our growth strategy with the most recent hire of
Scott Croul to the firm,” stated Ted Meylor, Chairman and CEO of RED Capital
Group. “With his vast industry experience—particularly with Freddie Mac—he is
the perfect choice to lead our Small Balance Loan team and increase RED’s
market share.”

“Scott is the consummate professional. His product knowledge and commitment to
customer satisfaction will greatly enhance our growth and success within the
Small Balance Loan market,” stated Trent Brooks, President and National Head
of Production for RED.

Prior to joining Freddie Mac Multifamily, Mr. Croul led regional operations at
John Hancock Real Estate Finance Group and was a mortgage banker at
predecessor companies to Berkadia, CBRE and Hunt Mortgage. According to Croul,
RED is well positioned to benefit from the rapid expansion in small balance
multifamily lending created by the introduction of GSE products, offering
increased liquidity to this critical, substantial and underserved segment of
the nation’s workforce housing supply.

About RED CAPITAL GROUP, LLC

Recognized for its industry expertise, innovative and comprehensive
structures, and consistently high rankings, RED Capital Group, LLC has
provided over $74 billion of integrated debt and equity capital since 1990 to
the seniors housing and health care, multifamily, affordable, and student
housing industries through three operating companies.

RED Mortgage Capital, LLC is a Fannie Mae DUS® and MAP- and Lean-approved FHA
lender with a mortgage servicing portfolio nearly $17 billion. RED Capital
Markets, LLC (MEMBER FINRA/SIPC) is active in the distribution of Fannie Mae
and Ginnie Mae Project MBS, and provides structuring, underwriting, placement,
and advisory services for tax-exempt and taxable housing and health care
bonds.

RED Capital Partners, LLC provides proprietary debt and equity solutions, and
asset management in a range of forms, including subordinated gap and bridge
loans. RED Capital Group, LLC is a subsidiary of ORIX USA Corporation. For
more information on RED Capital Group, LLC, visit our website at:
http://www.redcapitalgroup.com

                DUS^® is a registered trademark of Fannie Mae

View source version on businesswire.com:
http://www.businesswire.com/news/home/20180308006139/en/

./ContentItem/Format  

Former Freddie Mac Exec. to lead Multifamily Small Loan team - part of Growth
& Product Diversification Strategy

Multimedia Available:http://www.businesswire.com/news/home/20180308006139/en/

Contact:

RED CAPITAL GROUP, LLC
Lisalynne Quinn, +1-469-385-1434
Director of Marketing
llquinn@redcapitalgroup.com
redcapitalgroup.com
twitter: @Lisalynne_RED
Corp. twitter: @REDCapitalGroup
Press spacebar to pause and continue. Press esc to stop.