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Press release content from Business Wire. The AP news staff was not involved in its creation.

Money360 Expands Originations Team with Three New Hires

December 15, 2020 GMT

LADERA RANCH, Calif.--(BUSINESS WIRE)--Dec 15, 2020--

Money360, a commercial real estate direct lender, today announced the hire of three new regional managing directors to support the firm’s growing origination network. The appointments are part of Money360’s market expansion as the company anticipates funding $1 billion in bridge loans in 2021 under recently appointed President Tom MacManus.

These hires each bring over 20 years of commercial real estate lending expertise to Money360 in their respective regional markets and beyond. Cade Vander Broek will serve as a Managing Director for the West Coast. He joins from AEGON Asset Management in Irvine, CA, where he was a Director of Commercial Mortgage Lending. Michael Girimonti has been appointed a Managing Director for the East Coast. He joins from The Bancorp, where he was a Managing Director and Senior Commercial Mortgage Originator in New York, NY. Finally, Sean Giblin has been appointed a Managing Director for the Midwest in Chicago, IL where he was previously a Senior Loan Originator at Symetra.

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“We are delighted to welcome Cade, Michael and Sean to Money360 at a time of great opportunity for our business and the commercial real estate lending market at large,” said Tom MacManus, President of Money360. “Their deep expertise in various aspects of loan origination, structuring and portfolio management, as well as their relationships in strategic local markets across the US, will support our ability to close $1 billion in annual volume as we continue to establish Money360 as the most trusted commercial real estate bridge lender.”

“These appointments strengthen our ability to meet our clients’ unique financing needs, particularly as the pandemic has driven up demand for short-term commercial lending solutions,” said Evan Gentry, Money360 founder and CEO. “I look forward to working with Tom and the newest members of the team as we position the company for success heading into next year and beyond.”

Over the past few months, Money360 has grown its team members by seven to support increased borrower demand, including roles across sales, back office, and asset management functions.

About Money360

Money360 is a vertically integrated, nationwide direct lender that sources, underwrites, closes and services small- to mid-balance commercial real estate loans ranging in size from $5 million to $30 million. Through the seamless union of world-class technology and irreplaceable human expertise, Money360 delivers a smarter, simpler, and more transparent experience from origination to servicing. Borrowers can learn more at www.money360.com.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20201215005308/en/

CONTACT: Media:

Erica Warfield

Pro-money360@prosek.com

323.500.0922

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES OTHER CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY REIT BANKING

SOURCE: Money360

Copyright Business Wire 2020.

PUB: 12/15/2020 08:00 AM/DISC: 12/15/2020 08:01 AM

http://www.businesswire.com/news/home/20201215005308/en