Varca Joins Greystone as Managing Director for Healthcare Finance
Greystone, New York, hired David Varca as Managing Director for Healthcare Finance. Based in Chicago, he will originate FHA-insured and bridge loans with an emphasis on providing financing for skilled nursing facilities nationwide.
Varca has more than 15 years of healthcare lending experience. Prior to Greystone, he worked at Ares Management, where he was responsible for developing and managing senior housing and long-term care balance sheet lending. Before that he served as Senior Vice President and National Head of Senior Housing and Long Term Care Banking at Popular Community Bank.
Berkadia Expands Hotels and Hospitality Group With Kautzman
Berkadia, Ambler, Pa., hired Adrienne Kautzman as Director in its Hotels and Hospitality Group. She will be based in the Scottsdale, Ariz. office.
Kautzman brings 14 years of real estate industry experience to Berkadia, where she will work on the mortgage banking-side of the business and provide financing solutions to commercial real estate developers and owners throughout the United States.
Prior to joining Berkadia, Kautzman served as managing director of GE Capital’s Franchise Finance Hotel Lending Group. In this role, Kautzman originated senior debt on individual assets and portfolios of nationally franchised select service and extended stay hotels, which included Hilton, Hyatt, InterContinental Hotel Group, Marriott and Starwood, with loan sizes ranging from $5 million to $160 million. Her experience also includes wholesale finance underwriting and various roles from sales and marketing to land acquisition for a regional homebuilder.
Arbor Bolsters FHA Lending Platform with Two New Senior Executives
Arbor Commercial Mortgage, Uniondale, N.Y., added to its HUD/FHA Lending Group by appointing Jeffrey Allshouse Senior Vice President of FHA Sales and Jeffrey Ross Senior Vice President and Chief Underwriter.
With more than 30 years of commercial mortgage originations experience, Allshouse will help grow Arbor’s nationwide HUD/FHA loan originations platform. Prior to joining Arbor, he held senior leadership positions at Prudential Mortgage Capital’s HUD multifamily/healthcare lending unit. More recently, he spearheaded HUD-insured hospital originations at Wells Fargo Multifamily Capital, engaging the firm’s first HUD 242/223f transaction. In his career Allshouse has generated more than $1 billion worth of direct loan originations and $2 billion worth of FHA originations.
A 30-year commercial real estate veteran, Ross will manage Arbor’s FHA multifamily, seniors housing and healthcare operational staff for Multifamily Accelerated Processing and LEAN seniors housing/healthcare loan production. He will also supervise the coordination of the Arbor FHA multifamily, seniors housing and healthcare underwriting strategy and the integration of Arbor’s Bridge-to-HUD loan program. Prior to joining Arbor, he worked for Wells Fargo Multifamily Capital, where he was most recently the Director of FHA Screening. Prior to Wells Fargo, he was the Chief Operating Officer and Chief Underwriter for Great Lakes Financial Group, a commercial mortgage lender specializing in FHA and Freddie Mac financing.
