NEW YORK, NY - CapitalSource, a division of Pacific Western Bank and a nationally recognized commercial lender to small and mid-sized businesses, announced today that Brian Skurnik has taken over the CapitalSource Real Estate Lending Group based in New York. He will be responsible for overseeing a skilled team of lending professionals, while driving deal growth for non-West Coast bridge loans that run the full spectrum of property types and sizes. Tom Whitesell will continue to run CapitalSource’s Real Estate Construction Lending Group, which will also do West Coast based bridge loans.
Brian Skurnik brings over 25 years of lending experience to his role, and has been affiliated with CapitalSource since 2006. He is responsible for many facets of CapitalSource’s national real estate lending efforts. In his expanded role, Brian will directly manage the banking teams that originate, underwrite and close real estate loans to ensure overall consistency in sourcing, structuring, and pricing new business, as well as compliance with underwriting and credit guidelines. Brian has extensive experience in the real estate debt, mezzanine and equity markets as well as securitizations.
Prior to joining CapitalSource, Brian worked at Barclays Capital in loan originations, and also played a key role as one of the early members of the real estate group in building the lending platform. Prior to Barclays, Brian held positions at Morgan Stanley, Deutsche Bank and Lehman Brothers where he was primarily responsible for originating and underwriting commercial real estate loans with a capital markets orientation. Mr. Skurnik also spent 7 years at Heller Financial where he initially worked as a lending officer in the asset-based lending group and then transferred into the real estate division, which focused on providing value-add bridge loans.
“Brian’s ample years of experience in the real estate industry, coupled with his knowledge of CapitalSource’s value proposition to the market give us every confidence that he has the tools he needs to bring our East Coast Real Estate team to new levels of success,” commented Laird Boulden, EVP, Chief Lending Officer. “He is a dedicated professional who consistently achieves stellar outcomes on behalf of his clients and our company.”
Brian is a graduate of Brooklyn College receiving a degree in Business, Management & Finance, and is a member of several real estate organizations including ULI, ICSC, RELA, CrefC and MBA. Brian is also an adjunct professor at NYU Shack School of Real Estate.
About CapitalSource: CapitalSource makes commercial loans to small and middle-market businesses nationwide. CapitalSource is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $21 billion in assets and 80 full-service branches. Pacific Western Bank is a wholly-owned subsidiary of PacWest Bancorp (NASDAQ:PACW). For more information, visit capitalsource.com