Search
 

Little To Head REFG for Babson

SPRINGFIELD, MA-Babson Capital is asking Robert Little to replace retiring Kenneth Hargreaves and oversee a $22 billion portfolio.

By Ryan Clark | Updated on June 17, 2008

SPRINGFIELD, MA-It has been 17 years since Babson Capital Management LLC had someone other than Kenneth Hargreaves at the helm of their Real Estate Finance Group, but with his retirement, the times will be changing. At the end of 2008, Robert Little–a 21-year veteran of the firm–will assume the leadership duties of Babson’s REFG portfolio, which is over $22 billion dollars, as of year-end 2007.

“Our emphasis remains on building relationships based on integrity, responsiveness and transparency,” says Roger Crandall, chairman and CEO of Babson Capital, in a prepared statement. “[Ken] has worked closely with Rob for two decades, so we expect an exceptionally smooth transition.”

REFG has five regional offices located in Chicago; Dallas; Newport Beach, CA; Springfield, MA; and Washington, DC. The capital provider has products that include permanent mortgages, mezzanine and high-yield products, affordable housing, fixed and floating-rate debt, portfolio lending, acquisition financing, bridge loans, forward commitments, Canadian financing, construction-permanent lending and public market REIT and CMBS debt investments, according to a release.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.