Thursday, July 22, 2010

Beech Street Capital Hires Industry Veteran as Senior Vice President--Loan Origination

 BETHESDA, MD – Beech Street Capital announced that Larry Sneathern has joined the firm as senior vice president of loan origination. Sneathern will be responsible for originating multifamily loans nationwide.

“Larry is a fantastic addition to our team,” said Grace Huebscher (top right photo), president and chief executive officer of Beech Street Capital. “With almost 20 years of DUS experience and over $4 billion in multifamily origination, Larry will be integral to the growth of Beech Street’s origination platform.”

Prior to joining Beech Street Capital, Sneathern was with PNC ARCS for 15 years and most recently was regional senior vice president. Six of his 15 years at PNS ARCS, Sneathern was the compnay’s top loan producer.



“I am very excited to become a member of the Beech Street Capital team,” said Sneathern. “I believe Beech Street is returning to the entrepreneurial lender model of the late-90’s; the firm is not encumbered by a legacy book or bureaucracy so we can be more responsive to the borrower’s needs.”

Sneathern will be working out of the Company’s Dallas office.

Contact:  Sharee Lawler (240-507-1923), EMAIL: slawler@beechstcap.com

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