Velocity Hires Industry Veteran for Loan Acquisitions; Kolasinski to Lead Loan Acquisition Efforts for Specialty Finance Firm - wave3.com-Louisville News, Weather & Sports

Velocity Hires Industry Veteran for Loan Acquisitions; Kolasinski to Lead Loan Acquisition Efforts for Specialty Finance Firm

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SOURCE: Velocity Commercial Capital

Velocity Commercial Capital, a specialty finance firm focusing on originating, acquiring and securitizing small balance commercial loans, announces the addition of Craig Kolasinski to its Capital Markets team.

Westlake Village, CA (PRWEB) January 17, 2013

Velocity Commercial Capital, a specialty finance firm focusing on originating, acquiring and securitizing small balance commercial loans, announces the addition of Craig Kolasinski to its Capital Markets team. In his role as Director of Loan Acquisitions, Kolasinski will lead Velocity’s business development efforts acquiring pools of commercial mortgage loans nationwide in the secondary market.

Kolasinski brings more than 20 years banking and loan acquisitions experience to the position. Prior to his appointment, Kolasinski was Director of Acquisitions for Onward Investors, LLC and previously held a senior management role at First Bank of Beverly Hills.

“I am thrilled with the addition of Craig Kolasinski to the Capital Markets team at Velocity,” said Chris Farrar, President and CEO. “His deep experience and relationships in the banking industry will play an integral role while we continue to grow our acquisitions business and add to our portfolio.”

Kolasinksi holds a Bachelor’s degree in Business Administration from Kent State University.
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About Velocity
Velocity Commercial Capital is a specialty finance firm focusing on commercial real estate debt. Velocity acquires portfolios of performing and non-performing loans nationwide. In addition, the firm originates small balance commercial loans and acts as special servicer, handling distressed assets. Founded in 2004, Velocity is headquartered in Westlake Village, California. For more information, please visit: http://www.vcc-inc.com

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