COLUMBUS, Ohio--(BUSINESS WIRE)--
Trent Brooks has been named President of RED Mortgage Capital, LLC, the Mortgage banking arm of comprehensive capital provider RED Capital Group LLC.
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Trent Brooks, President and National Head of Production, RED Mortgage Capital, LLC (Photo: Business Wire)
Mr. Brooks joined RED on December 11th as President of RED Mortgage Capital, LLC and National Head of Production. With more than 30 years of executive leadership experience in the Multifamily housing industry, he has long-term relationships with Fannie Mae, Freddie Mac and FHA in his support of Affordable, Workforce, Conventional, Green and Small Balance Housing finance programs.
Mr. Brooks brings a comprehensive array of expertise to RED, including business development, investor relations, strategic planning and product development. He will have offices in both Newport Beach, California and Columbus, Ohio.
“We are excited to have Trent join RED to lead the growth and product diversification efforts of our National Multifamily Production Platform,” stated Ted Meylor, Chairman and CEO of RED Capital Group. “With his combination of vast industry experience and creative thinking, he is the perfect fit to help grow RED’s market share, enhance customer service and lead our Agency relationships. I am confident in Trent’s ability to build upon our already strong connections with Fannie Mae, Freddie Mac, FHA and HUD.”
“I am very pleased to be joining RED to lead this team of outstanding industry professionals,” stated Mr. Brooks. “With RED’s refreshingly strong entrepreneurial spirit, proprietary products and market agility, we are ideally positioned for strategic growth as we serve the full spectrum of Multifamily housing on a national scale. I look forward to working with the entire RED Team to become the #1 multifamily finance platform in the industry.”
Prior to joining RED, Mr. Brooks was a co-founder of Sierra Capital Partners and GlenBrook Capital Advisors. Most recently he served as Executive Vice President – Director, Western Region at Bellwether Enterprise Real Estate Capital, LLC. Previously Mr. Brooks was the Chief Operating Officer at Lyon Communities as well as President of Bankers Mutual where he served for over 15 years.
About RED CAPITAL GROUP, LLC
Recognized for its industry expertise, innovative and comprehensive structures, and consistently high rankings, RED Capital Group, LLC has provided over $74 billion of integrated debt and equity capital since 1990 to the seniors housing and health care, multifamily, affordable, and student housing industries through three operating companies.
RED Mortgage Capital, LLC is a Fannie Mae DUS® and MAP- and Lean-approved FHA lender with a mortgage servicing portfolio nearly $17 billion. RED Capital Markets, LLC (MEMBER FINRA/SIPC) is active in the distribution of Fannie Mae and Ginnie Mae Project MBS, and provides structuring, underwriting, placement, and advisory services for tax-exempt and taxable housing and health care bonds.
RED Capital Partners, LLC provides proprietary debt and equity solutions, and asset management in a range of forms, including subordinated gap and bridge loans. RED Capital Group, LLC is a subsidiary of ORIX USA Corporation. For more information on RED Capital Group, LLC, visit our website at: http://www.redcapitalgroup.com
DUS® is a registered trademark of Fannie Mae
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