Anchor Loans Expands Commercial Organization to Accelerate Growth
THOUSAND OAKS, Calif., June 9, 2022 /PRNewswire/ — Anchor Loans, the nation’s leading provider of financing to real estate investors and entrepreneurs, today announced the hiring of four senior sales executives and the promotion of a fifth as part of its aggressive growth plans, which also include new products and market expansion.
Joining Anchor Loans as Account Executives are:
Tony Charles who brings over 20 years of experience in private lending, retail banking and payment processing. Prior to joining Anchor Loans, Charles was a Branch Manager for HSBC Bank. Previously, he also worked for a Californiaprivate lender and for a company specializing in providing payment gateways for vendor processing.
Rod Wilson joins Anchor Loans with over 28 years of experience in all aspects of real estate, including renovation, construction and finance, as well as managing and marketing residential and commercial private lenders. Wilson’s hands-on, hands-on expertise in real estate redevelopment gives him an investor-focused perspective with an understanding of what it takes to succeed, minimize risk and maximize returns.
Troy Ellis, a 20-year veteran in financial services including origination of commercial and residential debt, management of high yield commercial real estate funds, brokerage of commercial real estate investment sales and public accounting. Prior to joining Anchor Loans, Ellis was an originator with a Californiaprivate lender.
David Armstrong, an accomplished mortgage and property manager with extensive experience in mortgage banking, real estate sales and property management for 35 years. Prior to joining Anchor Loans, Armstrong founded First California Mortgage Company. In addition to his expertise as a mortgage broker, he has been a real estate broker and property manager.
In addition to new hires, Anchor Loans’ longtime Vice President, Construction and Development Matt Ediger now has an expanded role where he will focus on originating new construction, repair and turnaround, and rental loans across the United States During his more than 15-year tenure at Anchor Loans, Ediger has played instrumental in the development and growth of the company’s construction division overseeing over 5,000 transactions.
The lender of choice for real estate investors and experienced builders, Anchor Loans has experienced significant growth over the past few years and ended 2021 with a record $1.8 billion in the origins. As part of its growth and expansion plans for 2022, the company recently launched a new single-family rental investor loan program, updated its visual identity and unveiled a new website.
“Anchor is off to a great start in 2022 with new programs, a new look and now a significantly expanded sales team,” Andrew Pollock, CEO of Anchor Loan. “We continue to focus on experience: recruiting seasoned, skilled professionals who can deliver the superior customer service that has always set Anchor apart. The combination of these new account executives and our world-class originators will accelerate our growth. and will allow us to quickly penetrate new markets.”
About Anchor Loans
Anchor Loans is the nation’s largest private direct lender to real estate investors. The company is responsible for more than $10 billion in financing since its inception in 1998 and is the first in the industry to finance more than $1 billion in a single year, which it has surpassed every year since 2016. Anchor Loans specializes in larger, more personalized loans for experienced real estate entrepreneurs. Over 85% of Anchor Loans borrowers are repeat customers and over 75% of the company’s new borrowers are referred by existing customers. The company has been listed for two consecutive years on the Inc. 5000 list of America’s fastest-growing small private companies. For more information, visit https://www.anchorloans.com.
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SOURCE Anchor Loans