NEW YORK CITY — Hunt Mortgage Group, a New York-based lender, has hired RED Capital Group veteran Kathryn Burton Gray to lead its new seniors housing group.
The new team will target expansion into the Fannie Mae and Freddie Mac seniors housing space, and Hunt Mortgage Group will now offer bridge loan solutions to clients in the sector.
Burton Gray will be based in Irvine, Calif., and will be responsible for overseeing Hunt Mortgage Group’s financing and private placement activities in the seniors housing and healthcare sector. She has expertise in financing independent living, assisted living, memory care, skilled nursing and continuing care retirement communities (CCRC). She has held senior leadership positions at Wells Fargo Bank, a number of smaller regional and community banks, CIT Group, GE and Finova Capital. At RED, she led the national senior living and healthcare real estate platform.
Burton Gray’s new production team will include:
- James Scribner as managing director. He has 14 years of experience in seniors housing finance and has worked for nearly 20 years in financial services. His experience includes work in direct agency, FHA and balance-sheet originations. Prior to joining Hunt Mortgage Group, he was managing director at RED Capital Group for six years. He began his career in seniors housing and healthcare with Herbert J. Sims & Co., a boutique investment bank.
- Jason Smeck as managing director, based in Columbus, Ohio. He has over 20 years of experience in commercial real estate lending, with the past 16 specifically focused on seniors housing and healthcare finance. Smeck was a managing director for RED Capital Group, focused on the development of the seniors housing and healthcare platform and serving in a variety of capacities ranging from analysis, structuring and underwriting, and originations.
- Brady Johnson as director with a particular focus on the Western states. With over 10 years of experience in commercial finance, Johnson also joins Hunt Mortgage Group from RED Capital Group where he was focused on commercial real estate lending for seniors housing properties including direct agency, balance sheet and construction lending.