ORIX Real Estate Capital has announced that Aaron Becker will lead the combined company’s (including Lancaster Pollard, RED Capital Group and Hunt Real Estate Capital) production efforts for the Seniors Housing & Healthcare team. Based in the firm’s Philadelphia office, Mr. Becker will also lead the East Coast team that services senior living clients. In addition, Lancaster Pollard veterans Casey Moore, Doug Harper and Quintin Harris each expanded their leadership roles, with Moore and Harper leading the West and Harris leading the Midwest.
Business is still getting done at the newly merged company, with Lancaster Pollard closing five HUD loans in the month of April for seniors housing and care clients throughout the country. The transactions totaled $69 million and included two refinancings, two note modifications plus one $25 million new construction loan. They were closed for five different properties in Ohio, California and Texas, despite all of the challenges surrounding the current crisis.