Wednesday, February 20, 2008

iCap Realty Advisors-Michigan Appoints Hannah as Director


DETROIT -– Robert W. Leonard, iCap Realty Advisors - Michigan, announces the appointment of D. Scott Hannah as Director, iCap Realty Advisors - Michigan.

Hannah brings to iCap Michigan more than 20 years of experience in commercial real estate lending as a banker and broker, including the sourcing and placement of construction, permanent, bridge, mezzanine and equity capital from sources including conduits, life insurance companies and banks. His expertise encompasses a range of investment and owner-occupied commercial properties, including retail, office, industrial and multi-family.

“We are pleased to have Scott on board,” said Leonard, senior director of iCap Realty Advisors - Michigan. “He brings to our clients a strong understanding of the lender’s perspective, as well as a proven track record in placing debt and equity financing.” Prior to joining iCap Michigan, Hannah was an associate partner/commercial mortgage broker with Water Street Financial Group of Novi, Mich.

Previously, Hannah held business development and commercial real estate lending positions as vice president of commercial real estate with Republic Bank in Bloomfield Hills, Mich., Key Bank in Ohio and Old Kent Bank in Kalamazoo, Mich., as well as First of America Bank, where he started his banking career as a commercial loan analyst.

Hannah is a member of the Mortgage Banking Association and a past member of the American Bankers Association. He is a graduate of Central Michigan University, and of the American Bankers Association Graduate School of Commercial Banking at Oklahoma University.

About iCap Realty Advisors - Michigan

Based in Farmington Hills, Mich., iCap Realty Advisors’ Michigan office is part of a national commercial mortgage banking and investment sales company founded in 2001 to offer the full spectrum of financial services.

With headquarters in The Woodlands, Texas, in 2007 iCap Realty Advisors originated more than $2.5 billion in commercial real estate loans nationwide for a wide array of capital sources, including life insurance companies, conduits, mezzanine lenders, equity providers, government agencies and banks. iCap’s 15 U.S. offices provide the national reach and local market knowledge required to streamline the real estate finance process for lenders and borrowers alike.

For more information, see www.icaprealty.com. iCap Realty Advisors - Michigan is a sister company of iCap Realty Advisors - Florida and Lutz Real Estate Investments, a real estate investment firm with approximately $500 million in holdings in the Southeast, Midwest and East Coast.

Media contact:
Jennifer Harris, Clovis,
773.755.7100,
jharris@clovisinc.com
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