New US Bank CRE Head Optimistic on 2015

MINNEAPOLIS—As reported in GlobeSt.com, US Bank has just hired industry veteran Rex Rudy to head its commercial real estate division. Although the Charlotte-based Rudy says it’s too early for him to sketch out the bank’s strategic direction, like many top people in the industry he, with a few notes of caution, exudes confidence about the future.

Rudy tells GlobeSt.com that he expects that the economy will continue on its path of relatively measured growth, around 2% to 3% annual growth in GDP and the Fed will continue its policy of fostering a low interest environment. “This bodes well for us in the long-term.”