BETHESDA, MD and NEWPORT BEACH, CA—Beech Street Capital, LLC, has expanded its West Coast presence by adding another experienced origination group to its Newport Beach, CA, office.
It consists of Doug Taylor, Chuck Christensen, and Allison Eisendrath, all formerly with Walker & Dunlop. “We've put together an experienced 12-member team from scratch in just 18 months,” says Kristen Croxton, Beech Street's executive vice president, who along with Executive Vice President Greg Reed, heads the office. “Beech Street's growing reputation is enabling us to attract some of the most talented originators in the business,” she says.
Since its inception in late 2011, the Newport Beach office closed in excess of $400 million in transactions. The addition of Taylor, Christensen, and Eisendrath is part of Beech Street's strategy to double that figure. “The level of activity we achieved in 2012 has attracted considerable attention,” says Reed. “Bringing them on board ensures that we will continue to provide the best possible service as we expand to meet the growing demand from borrowers.”
Together, Taylor, Christensen, and Eisendrath bring more than 65 years of agency experience to Beech Street, but they are equally comfortable offering investors CMBS, bank and life company financing options if the situation warrants. This versatility is one reason the team closed $280 million in business during its last twelve months with Walker & Dunlop. They also understand the requirements for financing a broad range of property types. In addition to apartments, they have worked on healthcare, seniors, student, and MHC properties.
“Doug, Chuck and Allison have a demonstrated record of going above and beyond for their customers,” says Grace Huebscher, Beech Street's president and CEO. “That's been the key to their success—and it makes them a perfect fit for Beech Street.”
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
