IRVINE, CA—First Foundation Inc., a financial services company that provides investment management, wealth planning, consulting, insurance, trust and banking services primarily to high-net-worth individuals and businesses, and First Foundation Bank, a wholly owned subsidiary, are expanding their construction lending program.
The program will offer construction lending for commercial clients including developers and investors of retail, industrial, and multifamily construction projects.
The expansion coincides with the appointment of Curt Freeman, who will oversee the offering and serve as SVP, construction products manager. Prior to joining First Foundation, Freeman served as an SVP for Sterling Savings Bank.
"First Foundation has a strong presence in geographies where rapidly growing construction industries play an important part in the local economy," said Scott Kavanaugh, CEO. "As we continue to develop our services for commercial clients, we are proud to add Curt to the team. His addition will allow us to provide expanded access to construction lending services with a continued focus on quality client service."
Freeman comes to First Foundation with more than 35 years of experience in financial services, including various roles in commercial banking. He has particular expertise helping manage the risk of construction loan portfolios as well as designing and implementing due diligence protocols. He has also served as a chief credit officer and as a consultant to financial institutions. Freeman will be based out of First Foundation's San Diego office and will serve the entire network of its eight geographic locations.
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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.
