IRVINE, Calif.--(BUSINESS WIRE)--
Opus Bank (“Opus”) (NASDAQ: OPB) announced today that Cathy Van Huisen has joined Opus as Managing Director, Income Property Banking. Ms. Van Huisen, a 28-year multifamily and commercial real estate banking veteran, will be responsible for further expanding Opus’ Income Property Banking client base in the Los Angeles and Orange County markets of Southern California.
Ed Padilla, EVP, Head of Commercial Real Estate Banking stated, “We are pleased to welcome Cathy as she joins and further strengthens our seasoned team of professionals and helps to drive continued growth of Opus’ Income Property Banking division. Cathy is a highly-regarded banker with a unique understanding of the region’s multifamily and commercial real estate markets, and has a very deep and broad base of relationships including multifamily and commercial real estate investor borrower clients, commercial real estate brokers, bankers, and advisors.” Padilla added, “I look forward to the additional coverage in the vibrant Los Angeles and Orange County markets and anticipate Cathy will quickly add to the productivity and success of our Income Property Banking division as we grow the division’s loan origination volumes. As one of the leading lenders on the west coast, we’re continually looking to add seasoned bankers and market share.”
Ms. Van Huisen joins Opus Bank most recently from HomeStreet Bank, where she served as Vice President, Relationship Manager, providing debt financing solutions to multifamily and commercial real estate investor/owner/operator clients in the Los Angeles and Orange County regional markets. From 2008 through 2016, Ms. Van Huisen served as a Senior Client Manager with JPMorgan Chase, where she consistently earned Chase’s President Club award as a top originator of loans secured by multifamily residential real estate. Ms. Van Huisen served as Senior Client Manager with Washington Mutual from 1998 until its acquisition by JPMorgan Chase in 2008. During her tenure with Washington Mutual, Ms. Van Huisen was among the top originators of multifamily residential secured loans, a President’s Club award winner, and top Fannie Mae loan originator. Ms. Van Huisen began her career in 1989 with Home Savings of America, where she served as Senior Client Manager until the acquisition of Home Savings by Washington Mutual in 1998.
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About Opus Bank
Opus Bank is an FDIC insured California-chartered commercial bank with $7.7 billion of total assets, $5.2 billion of total loans, and $6.3 billion in total deposits as of June 30, 2017. Opus Bank provides superior ideas and solutions, and banking products to its clients through its Retail Bank, Commercial Bank, Merchant Bank and Correspondent Bank. Opus Bank offers a suite of treasury and cash management and depository solutions and a wide range of loan products, including commercial, healthcare, public finance, media and entertainment, corporate finance, multifamily residential, commercial real estate and structured finance, and is an SBA preferred lender. Opus Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Escrow and Exchange divisions. Opus Bank provides clients with financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy and performance improvement through its Merchant Banking Division and its broker-dealer subsidiary, Opus Financial Partners, LLC, Member FINRA/SIPC. Opus Bank’s alternative asset IRA custodian subsidiary has $15 billion of custodial assets and approximately 50,000 client accounts, which are comprised of self-directed investors, financial institutions, capital raisers and financial advisors. Opus Bank operates 51 banking offices, including 31 in California, 17 in the Seattle/Puget Sound region in Washington, two in the Phoenix metropolitan area of Arizona and one in Portland, Oregon. Opus Bank is an Equal Housing Lender. For additional information about Opus Bank, please visit our website at: www.opusbank.com.
Forward-Looking Statements
This release may include forward-looking statements related to Opus Bank’s plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. The forward-looking information presented in this press release is not a guarantee of future events, and actual events may differ materially from those made in, or suggested by, the forward-looking information contained in this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “intend” or “expect” or variations thereon or similar terminology. All such statements speak only as of the date made, and Opus undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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