Beech Street Capital has announced that Chad Thomas Hagwood has joined the company as executive vice president of origination and will lead the company’s expansion with the opening of two new offices in Birmingham, Ala. and Atlanta. 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, 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, Ala. 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.
“I could not be more thrilled to be joining Beech Street Capital,” said Hagwood. “As a well-capitalized private company without legacy debt issues or bureaucracy, Beech Street is able to offer our customers a level of focused service that our industry has lost sight of. I am certain our borrowers will be highly impressed with Beech Street’s culture of service on both the production and servicing side.”
For more information, visit www.beechstcap.com.