Florida. Forman has zeroed in onusing the advantages of working in theprivate sector when competing withstringent banks. As a private lender,Trez Capital is not subject to the samelending limits and regulations thattraditional banks face. The firm doesnot underwrite based solely on a lim-ited-defined credit “box”, but more onthe worthiness of a borrower and the“true” value of the real estate. Trez isbacked by private institutional capitaland manages $3 billion in discretionary capital. As such, it isoften willing to loan 75 plus percent loan to cost, leaving asmaller portion needed for equity. In his current role, Forman isresponsible for growing Trez Capital’s business in the US, specifically in the Eastern region. As a partner in the company, he isalso responsible for cultivating relationships with investors andreporting to them on a regular basis. In 2019, Forman originatedthe largest loan to date for his company, a $115-million mortgagefor a project called Camperdown, a large-scale mixed-use projectin Greenville, SC. The project features 174,280 square feet ofoffice space, 20 condominiums, and 33,638 square feet of retailspace. He has plans to add nearly a dozen originators, asset managers and analysts to both the Palm Beach, FL, and the Atlanta,GA, offices with goals of surpassing $1 billion in originations inhis territory.
CHAD T. HAGWOOD
Hunt Real Estate Capital under theleadership of industry veteran ChadHagwood, senior managing directorand head of MHC Lending, Southeastregional manager, and lead of Hunt’sManufactured Housing Communityproduction nationally, has emerged aleader in the manufactured housingcommunity lending space. Hagwood isresponsible for originating conventional Fannie Mae, Freddie Mac, andproprietary Balance Sheet loans, in addition to ManufacturedHousing Community loan products. He joined the firm in 2018and has shared the knowledge he has obtained over his 20-plusyears in the space with Hunt’s national network of loan producers.As a result, there has been a more than 400% increase in loan volume from 2017 to 2019, with Hunt finishing 2019 with $300 millionin capital provided to MHC owners across the country. This rapidascension in volume earned the firm a Top 3 designation by FannieMae for the agency’s Manufactured Housing Communities loanprogram for the first time in 2019. After joining Hunt Real EstateCapital in mid-2018, he has gone on to close out the year as thefirm’s top producer and was named one of Birmingham’sExecutives of Influence in 2019.
and regional level. With his vast experience in the commercial realestate space, he discovered that Paramount can serve as an industryleader by focusing primarily on loans under $10 million, with amajority in the $2 million to $6 million range. Although the company is not limited to that amount, the company has closed loans aslarge as $50 million, and can finance more for the right opportunities. Paramount has established itself as the nation’s leading privatelender in the net leased and build to suit development sector.Barrow has spent his entire career in commercial real estate investment and development. Prior to founding Paramount, he was apartner with a real estate development company focused on buildto suit projects across the country working with corporate and franchise tenants. His experience includes sourcing, underwriting,structuring, closing and managing both relationships and development projects.
BRETT D. FORMAN
Brett D. Forman, executive managing director at Trez Capital,has prioritized a streamlined lending process to transform thecommercial lending landscape, mainly in his hometown of South
