LOS ANGELES-Karlin Real Estate has hired Michael Hurst as co-managing director of the real estate lending group. He will be leading the real estate lending group with fellow co-managing director Larry Grantham, who has headed the group since it launched in 2011.

"Our debt platform continues to grow in response to the evolving capital markets," says Matthew Schwab, Karlin Real Estate managing director. "We are confident Mike will accelerate this growth by bringing to Karlin a wealth of experience in the sourcing, structuring and pricing of new opportunities." Karlin's lending group has originated $400 million in debt, both short-term senior and mezzanine.

Hurst joins Karlin Real Estate after seven years at Buchanan Street Partners, where he led the company's principal lending platform. While serving as leader, the platform originated $1 billion between advisory, debt and equity. He additionally sourced and structured equity investment financing through the company's comingled funds and separate accounts. Prior to working at Buchanan, Hurst was VP of institutional commercial real estate at LaSalle Bank, and impressively originated a $1.2 billion loan portfolio.

So early in the year, there has already been some notable employment movement. Last week, GlobeSt.com reported that CBRE grew its business lending group as well, hiring VPs Robert "RJ" Luth, Jr. and Robert Doxsee and director Daniel Eshbaugh. The trio brings a combined 52 years of experience to the group.

Instant Insights /

Karlin Real Estate Names Co-Managing Director

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