Lenders are more optimistic about OC development as well. (Funny how happy lenders and happy developers go hand-in-hand.)Besides an uptick in development, originations are being driven by maturing debt, acquisitions, and construction loan maturities, Beech Street EVP Greg Reed tells us. He heads the Newport Beach office along with EVP Kristen Croxton. Since its inception in late 2011, the Newport office closed in excess of $400M, and Greg says he expects that to double. To handle the rising volume, the office recently added Doug Taylor, Allison Eisendrath and Chuck Christensen, all from Walker & Dunlop.
OC Lending Volume Up
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Doug Taylor
, Greg Reed
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