X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS-BMC Capital LP has opened offices in San Antonio, TX and Scottsdale, AZ, which are being headed by industry veterans John Park and Patrick Hatten, respectively. The openings and hires come as part of BMC Capital’s goals to beef up its staff and widens its presence nationwide.

Park, who has had 15 years of financing experience and who just left Comerica Bank-Texas, will operate out of offices at 127 W. Brandon Ave. in San Antonio. Keith T. Van Arsdale, BMC Capital’s president and CEO tells GlobeSt.com the new office means the company has a presence in Texas’ four major cities. In addition to its headquarters office in Dallas and the just-opened San Antonio office, BMC Capital has offices in Houston and Austin.

Meanwhile, Hatten, another 15-year veteran who also has a strong banking background, is working with colleague Ryan Russell at 8655 E. Via De Ventura in Scottsdale. Van Arsdale says the new Arizona office will complement BMC Capital’s already existing one in Phoenix. “Pat and Ryan are focusing on owner-user loans as well as investment loans,” he adds. “The guys in Phoenix mainly focus on investment property.”

BMC Capital’s focus is CRE loans between $500,000 and $5 million, an area that has seen a great deal of activity in recent months as larger deals are parked on the sidelines. Van Arsdale says, for example, that Hatten and Russell are already in the process of closing their first loan on a medical office building.

The shifting economy is also making expansion easier for BMC Capital, and Van Arsdale says it’s likely the company will hire between half a dozen and a dozen more by year-end. “The overriding theme is that the market’s tough and we feel like during these tough times, we want to hire high-quality people who have been displaced,” Van Arsdale explains. When the market starts to pick up again, “we’ll have a great team in place,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.